In a bold move, Simon’s CAT, a well-known Memecoin, has locked $15 million worth of $CAT and $BNB tokens through Flocki’s crypto-locking protocol. The large amount of $CAT tokens locked out of the 9 trillion $CAT supply has sparked all kinds of speculation in the crypto market. Floki released this breaking news through the X account: "Simon's Cat locked more than $15 million in $CAT LP tokens using #Floki 's mainstream crypto lock protocol #FlokiFi Locker! Specifically, @SimonsCatMeme locked $15 million worth of $CAT and $BNB tokens on the #BNB chain, with a lock-up time of 6.9 billion years 420 million..." https://t.co/fQ1ObbQyHb pic.twitter.com/8glczWVTa0 — FLOKI (@RealFlokiInu) August 24, 2024

Among the top 10 most searched crypto assets in the past 24 hours, $CAT ranked second and is one of the most watched memecoins. After the launch of SunPump, memecoins have received widespread attention from the crypto community. This strategic move could boost $BTC According to data released by Floki, Simon’s Cat has locked up a total of approximately $15 million worth of $CAT and $BNB tokens using Flocki’s locking protocol. This important locking move demonstrates the Simon’s Cat team’s commitment to security and trust in the Floki locking protocol. In addition, this also sends a signal to the crypto market that Simon’s Cat memecoin is stable in the long term. Simon’s Cat memecoin is fully backed by Simon’s Cat IP and is considered one of the leading memecoins. This strategic locking has triggered market interest in $BTC . After the launch of SunPump, memecoins have received significant attention from the crypto community in the past few days. Various memecoins are adopting advanced strategies to expand their communities, and Simon’s Cat is at the forefront of this trend.

Follow me for crypto news.