Shiba inu and Safemoon old investors are investing in the popular cat themed meme coin Catecoin, Catecoin recently burned 15% of its total token supply. Onchain transaction is showing some big safemoon whales are buying catecoin token with every dip and moving those token to cold wallet.

20% Token Burn attracting Investors

Whales started buying catecoin when catecoin burned more than 20% of its total supply in the last 6 months. This burning boost a lot of confidence in many investors and they started beeting on catecoin for the long term.

Catecoin is designed to be more than just a meme coin. Catecoin has been designed with one of the most flexible apps designed to store and manage all digital assets. For instance, the Catecoin wallet allows you to exchange crypto without leaving the app. Additionally, users receive support for hundreds of popular decentralized apps (dApps). Finally, the Catecoin wallet supports many popular tokens including ERC20, BEP20, Polygon, Fantom, Avax, and more.

Play 2 Earn Feature

Another popular reason that shiba inu and safemoon investors are shifting to catecoin is because of catecoin Play 2 Earn NFT Game. With the Catecoin game, there will be many opportunities for players to earn reward tokens and create a steady additional stream of income.

Deflationary Nature Attracting Whales.

By Burning more than 35% of the supply catecoin also become deflationary coin where a major part of reflection will move to a dead wallet which will make catecoin deflationary in nature and gives a strong reason for safemoon and shiba inu whales to invest in the long term in catecoin project, Catecoin has potential to do 100x in next bull run and the way they are building products and adding features to existing projects is also attracting the interest of big whales.