CATE, a meme coin on Solana, has climbed past an $80 million market capitalization, according to data from GMGN. The token was quoted at $80.43 million, with a 24-hour gain of 49.3%. The move came after an earlier clarification tied to the project’s public narrative: the owner of DOGE said CATE is not related to them and added that they only recognize DOG and COCORO as official projects. Odaily, which published the market update, also warned that meme coins can see sharp price swings and said investors should approach the sector with caution. The report did not provide further trading details beyond the market cap and daily percentage increase.
CATE, a Solana-based meme coin, has risen above an $80 million market capitalization, according to GMGN data cited by Odaily. The token was valued at $80.43 million at the time of the report, with a 24-hour gain of 49.3%.
An earlier update noted that DOGE’s owner had clarified that CATE has no connection to them. They said they only recognize DOG and COCORO as official projects.
Odaily also warned users that meme coins can be highly volatile and said investors should participate with caution.
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