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Cryptocurrency News Articles
Cryptocurrency Analyst Bluntz Leans Bullish on Feline-Inspired Memecoin Simon's Cat (CAT)
Sep 21, 2024 at 05:15 pm
A widely followed cryptocurrency analyst and trader is leaning bullish on a feline-inspired low-cap memecoin in the Binance Smart Chain ecosystem.
A cryptocurrency analyst and trader known for his precise calls is bullish on a low-cap memecoin and a layer-1 blockchain.
The analyst, who goes by Bluntz and has 274,800 followers on the social media platform X, is keeping a close eye on a feline-inspired memecoin.
According to Bluntz, the memecoin, which is inspired by the popular British animated web and book series Simon’s Cat, is gearing up for a massive breakout. The new memecoin, which was launched last month, is now trading at $0.00004263, up nearly 291% from an August 22nd low of $0.0000109.
The memecoin, which is also known as CAT, is now ranked 544th by market cap, which stands at a little over $292 million.
Bluntz is also bullish on the layer-1 blockchain NEAR (NEAR). According to the analyst, NEAR is now starting to turn around after a six-month downtrend.
Bluntz highlights NEAR’s May announcement that it is building tools to enable users to develop their own artificial intelligence (AI) applications on the protocol.
At time of writing, NEAR is trading for $4.36.
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- Bitcoin Burgers and Secret Service Snipers: Inside Donald Trump's Visit to Crypto Tavern PubKey
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