CateCoin (CATECOIN) Price, Charts & Market Data

CateCoin (CATE) has several uses within its ecosystem:

Gaming and NFT: Users can buy and trade cat-themed NFTs in the CateCoin Marketplace and earn Catpay tokens by playing the 'Rise of Cats' game​​.

Passive Income: Holding CateCoin offers a 15% Annual Percentage Yield (APY), and 2% of each transaction fee is redistributed back to the token holders​​.

Play-to-Earn NFT Gaming: The platform includes play-to-earn NFT gaming, allowing users to earn rewards in Catpay​​.

Deflationary Nature: CateCoin is designed to be deflationary, meaning its circulating supply decreases with every transaction​​.

Staking: Long-term holders of CateCoin can stake their tokens and earn up to 15% APY​​.

IDO Platform: CateCoin has an Initial DEX Offering (IDO) platform where only CateCoin investors can participate in launching new projects​​.

CateCoin was launched in May 2021 as the first cat-themed token. The project's primary aim is to develop useful decentralized applications (dApps) that assist the cryptocurrency community. It is a community-based project focusing on expanding its offerings in the crypto space​​.

Although 'CATE' was the ticker assigned at the deployment of the CateCoin Token's smart contract, it is already in use by another asset that has a larger market presence and higher trading volume on major exchanges. Due to this pre-existing association and to avoid confusion in the marketplace, the alternative ticker 'CATECOIN' has been adopted for this token. This designation is specifically used to ensure that assets are distinctly identified.