The token later traded at about $7.09 million after attention followed a kitten video shared by @kabosumama, the owner of Kabosu, the Shiba Inu that inspired Dogecoin.
SOL meme coin CATE briefly exceeded a $9.5 million market cap before later trading at about $7.09 million, after surging 230-fold from the previous day. Interest in the token followed a kitten video shared by @kabosumama, the owner of Kabosu, the Shiba Inu that inspired Dogecoin. The move illustrates how meme coin trading can react quickly to viral social-media moments and perceived cultural ties, even when no formal link between the post and the token is established.