Simon's Cat (CAT) has a market value of $162 million, with a trading volume of $117 million in the 11 hours since its launch

BlockBeats reported that on August 23, according to market data, the current market value of the BSC chain Meme token Simon's Cat (CAT) is $162 million, the current price is $0.000018, the trading volume in the first 11 hours of listing is $117 million, and the liquidity pool is $11.64 million.

BlockBeats previously reported that on August 9, Floki officials posted on social media that Simon's Cat meme coin will be launched on TokenFi Launchpad on August 20. 18.5% of the total will be distributed to FLOKI token holders.

BlockBeats reminds users that Meme coins have no actual use cases, and the price fluctuates greatly, so investment should be cautious.