Simon’s Cat Soars 50% After Binance Futures Listing; PEPE Gains[embed]https://www.youtube.com/watch?v=dl–AJ_OLYY[/embed]

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</div></div></div><p>The price of Simon’s Cat has surged by 50% over the past 24 hours <a href="https://www.coingecko.com/en/coins/simons-cat">to a value of $0.00003626</a> as of 3:10 a.m. EST, buoyed by a staggering 1,004% increase in trading volume to $443 million.</p>
<p>This price escalation follows Simon’s Cat being added to Binance Futures, marking it as the premier cat-themed meme coin on the platform.</p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true" wp_automatic_readability="6.3267326732673">
<p lang="en" dir="ltr">It’s confirmed: <a href="https://twitter.com/search?q=%24CAT&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$CAT</a> from <a href="https://twitter.com/SimonsCatMeme?ref_src=twsrc%5Etfw">@SimonsCatMeme</a> is the first cat-themed meme to debut on Binance Futures. Looks like BNB meme season is making a comeback <a href="https://t.co/CU9fjVT8gH">pic.twitter.com/CU9fjVT8gH</a></p>
<p>— IBCIG (@ibcig) <a href="https://twitter.com/ibcig/status/1848317399134609610?ref_src=twsrc%5Etfw">October 21, 2024</a></p></blockquote>

<p>As of today, Binance traders can trade the 1000CATUSDT pair with leverage of up to 75x. The exchange announced that this feature will allow traders to utilize multi-assets mode, which means various digital assets, including Bitcoin (BTC), can be used as collateral for margin trades.</p>
<h2>Simon’s Cat Price Continues to Ascend in a Parabolic Pattern</h2>
<p>The price action of Simon’s Cat demonstrates a robust bullish breakout on the 4-hour chart, with the current price at $0.00003675, indicating a 6.11% drop in this trading session. The asset has established solid support in the range of $0.00002200 to $0.00002400, where it solidified over an extended period before launching into an upward parabolic trajectory.</p>
<p>This sharp rise is attributed to buyers coming in after the price surpassed both the 50-period SMA at $0.00002726 and the 200-period SMA at $0.00003209. These moving averages indicate a shift into a bullish trend, with prices trading confidently above both lines.</p>
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<p style="text-align: center;">CATUSD Analysis Source: Dextools.io</p>
<p>The MACD indicator reveals a bullish crossover, as the MACD line (0.00000298) is trending sharply above the signal line (0.00000144), suggesting a rise in upward momentum.</p>
<h2>Simon’s Cat Price May Enter Short-Term Consolidation</h2>
<p>Currently, the RSI stands at 69.29, approaching the overbought territory (above 70), indicating that the price of Simon’s Cat may experience short-term consolidation or a slight correction as it nears overbought levels.</p>
<p>Despite the robust upward momentum, the immediate resistance level is around the recent peak of $0.00004000. If the price manages to breach this threshold, the subsequent significant resistance could be around $0.00005000.</p>
<p>While the parabolic price movement indicates active buying, traders should be wary of potential corrections due to the approaching overbought situation as highlighted by the RSI. In general, the market reflects strong bullish momentum, although a retracement or consolidation might be anticipated in the near term.</p>
<h2>Pepe Unchained Surges Past $21.5 Million: The Top Cryptocurrency to Acquire Right Now?</h2>
<p>The enthusiasm driving <span style="margin: 0px; padding: 0px;">Simon’s Cat price is matched by the momentum behind the new PEPE derivative Pepe Unchained (PEPU), which has already surpassed $21.5 million in one of the most significant presales</span> this year.</p>
<p>An analyst from the popular 99Bitcoins YouTube channel, boasting over 706k subscribers, suggests that PEPU could potentially rise by 100X once it officially launches.</p>
<noscript></noscript>
<p>PEPU is designed to modernize the original meme coin PEPE, thus featuring its own Layer 2 blockchain.</p>
<p>This network will enhance transaction speeds by up to 100 times compared to PEPE’s cumbersome Ethereum network, while also significantly reducing gas fees.</p>
<p>Despite being faster and more efficient, it remains fully compatible with Ethereum’s dApps and services. Therefore, users can enjoy enhanced speeds without sacrificing their access to the Ethereum ecosystem.</p>
<p>Furthermore, the plan is to extend the Layer 2 blockchain to the broader meme coin community, establishing a scalable framework that could elevate the fun and playful aspects of the cryptocurrency environment into a new era.</p>
<h2>PEPU Developer Grants – A Potential Game Changer</h2>
<p>The PEPU team has initiated a developer grant initiative named “Frens with Benefits” that seeks to encourage developers to expand Pepe Unchained’s ecosystem.</p>
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<p lang="en" dir="ltr">Pepe continues to BUILD!</p>
<p>$21M raised. Momentum building!  <a href="https://t.co/3c8pvDEsvU">pic.twitter.com/3c8pvDEsvU</a></p>
<p>— Pepe Unchained (@pepe_unchained) <a href="https://twitter.com/pepe_unchained/status/1848010998495515076?ref_src=twsrc%5Etfw">October 20, 2024</a></p>
</blockquote>

<p>PEPU offers an impressive annual staking yield of 105%, and over 1.5 billion PEPE tokens have already been staked.</p>
<p>Currently valued at $0.0115, PEPU can be purchased with ETH, USDT, BNB, or even through bank cards. A price increase is anticipated in just under 1 day, so interested buyers should act quickly.</p>
<p>Purchase PEPU tokens from the official website here.</p>
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