GMGN data showed that CATE, a meme coin on Solana, briefly pushed its market capitalization above $9.5 million after surging more than 230x on the day, before falling back to $7.09 million. The token’s momentum was tied to a newly posted rescue kitten video from @kabosumama, the owner of DOGE. After the clip spread, community user @HimothyGoggins reposted it and speculated that the cat’s name was “Hiromi,” though that claim was not confirmed by Kabosu’s owner. Later, @thedevrrrrrrr suggested that the community should “run CATE like DOGE,” and the token was quickly launched on Pump.fun, drawing fresh attention. There is currently no evidence that the cat is actually named Hiromi, and there has been no official confirmation that its name is CATE. The name CATE instead traces back to an earlier “Cate” cat meme that was reused by the community in this latest episode. The token is not an official coin from Kabosu’s owner and is not based on the cat’s confirmed real name. Market participants also warned that meme coins can see sharp price swings and carry elevated risk.
According to GMGN data, CATE, a meme coin on Solana, briefly saw its market capitalization rise past $9.5 million after gaining more than 230x on the day. It was later quoted at $7.09 million.
The token’s sudden attention came after @kabosumama, the owner of DOGE, posted a new video showing a rescued kitten. Community user @HimothyGoggins later reposted the clip and speculated that the cat was named “Hiromi,” but Kabosu’s owner did not confirm that claim.
After that, @thedevrrrrrrr proposed to “run CATE like DOGE.” The token was then quickly created on Pump.fun and went on to attract community attention.
At this stage, there is no evidence that the cat’s name is Hiromi, and there has been no official confirmation that the cat is named CATE. The name CATE comes from an earlier “Cate” cat meme, which the community reused as this event spread.
CATE is not an official token from Kabosu’s owner, nor is it named after the cat’s confirmed real name. It is a community meme coin formed around a real event and an existing internet meme.
Market sources said meme coin prices can be highly volatile, and traders should be aware of the risks.
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