In a bold move, the team behind Simon’s Cat, the popular meme and animated series, has burned 10% of the total $CAT token supply, equivalent to $24M. This burn, facilitated by FlokiFi Locker, aims to reduce the token’s supply and increase its value. ⚡️ @SimonsCatMeme has burned $24M worth of $CAT tokens via @RealFlokiInu’s crypto locker Simon’s Cat has successfully burned 10% of the total #CAT token supply (900B $CAT tokens worth ~$24M) via FlokiFi Locker. Moreover, Simon’s Cat will airdrop 20% of the total token supply to… pic.twitter.com/RPEaKrDY8M — 🇺🇦 CryptoDep #StandWithUkraine 🇺🇦 (@Crypto_Dep) August 27, 2024 But that’s
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