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.
But that’s not all – Simon’s Cat is also gearing up for a massive airdrop, where 20% of the total token supply will be distributed to $FLOKI holders on August 29th. To qualify, holders must possess a minimum of 400,000 $FLOKI tokens, with the airdrop amount proportional to their holdings.
Here’s what you need to know:
– The snapshot for the airdrop will be taken on August 29th at 23:59:59 UTC.
– The airdrop is proportional to $FLOKI holdings, with no maximum limit.
– Binance will support the airdrop for $FLOKI holders on their platform.
– On-chain $FLOKI holders will receive the airdrop directly to their BNB chain wallet, regardless of whether they hold FLOKI on ETH or BNB chain.
This airdrop is a game-changer for $FLOKI holders, offering a unique opportunity to get their hands on a significant amount of $CAT tokens. With the token burn and airdrop, Simon’s Cat is poised to make a significant impact in the crypto space.
Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.
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Image Source: bborriss/123RF // Image Effects by Colorcinch
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