ChainCatcher message, the meme coin project Simon's Cat announced this morning that it has burned 90 billion CAT tokens, worth approximately 24 million dollars, through Floki's FlokiFi Locker protocol.This burn action permanently removed 10% of the CAT token supply from circulation.

ChainCatcher news, according to monitoring by Lookonchain, the SimonsCat team seems to have made $2.92 million by sniping $CAT in just 5 hours.The SimonsCat team spent 2,500 $BNB ($1.46 million) to increase liquidity and purchased 318.87B $CAT with a gas fee of 127 $BNB ($74,000). They then sold all 318.87 billion $CAT for approximately 763.9 billion $BNB ($4.45 million), resulting in a profit of 501.2 billion $BNB ($2.92 million).

ChainCatcher message, FLOKI announced on X that after a decisive vote by FLOKI DAO with 97.72% support, FLOKI will allocate $200,000 USDT from the Floki Treasury to invest in CAT tokens, which will be held as a strategic asset.

ChainCatcher message, FLOKI published an article stating that Binance will support airdrops of Simon's Cat (CAT) for FLOKI holders on the platform. If users hold FLOKI on Binance, they do not need to withdraw their tokens from Binance.Users must hold at least 400,000 FLOKI tokens on Binance to be eligible for the CAT airdrop. Binance will conduct the airdrop based on a snapshot taken on August 30, 2024, at 07:59:59, and eligible FLOKI holders will receive a distribution of 390 million CAT tokens in proportion to their holdings.