CatBoy ( CRYPTO: CATBOY), a meme coin well-known as the feline equivalent of Dogecoin ( CRYPTO: DOGE) and functions as an energy token, saw its cost crash strongly today after reporting eye-watering gains previously this month.
What Happened: Market information reveals CatBoy’s cost fell by about 68% from its 24-hour high of $0.05427 to a low of $0.01739, prior to fixing to $0.2222 since press time Tuesday afternoon. The crash follows the meme coin just recently signing up a current spike of more than 640% in under a week when the token was the leading trending cryptocurrency on the world’s leading crypto information service, CoinMarket Cap.
The fall in CatBoy’s cost accompanied a considerable spike in its trading volume. The meme coin’s 24-hour trading volume increased by about 483% from about $326,000 to well over $1.9 million.
CatBoy is a community-led non-fungible token (NFT) task with meme coin components that intend to accommodate anime and manga fans. CatBoy token holders can invest their properties to acquire NFTs including 18 various characters with numerous rarity levels.
CatBoy drew in 27,700 fans onTwitter An crucial existence reported previously this month amongst those fans was Changpeng Zhao, the CEO of the world’s leading crypto exchange Binance, who now obviously stopped following the profile.
Photo by Bill Stephan on Unsplash
