ChainCatcher report, according to GMGN data, the meme coin CATE experienced a short-term price plunge of over 80%, with its market cap dropping to as low as approximately $10 million; it is now trading at around $37.26 million. Previously: DOGE’s owner clarified: CATE is unrelated to me; I only recognize the official projects DOG and COCORO. Meme coin prices are highly volatile and can experience significant fluctuations in a short time—please be aware of liquidity and holding risks.
Meme Coin CATE Plummets Over 80% in a Short Time, Market Cap Drops to $10M
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Summary
The meme coin CATE dropped over 80% in a short period, with its market cap falling to $10 million before rebounding to $37.26 million. The DOGE owner clarified there is no connection to CATE, recognizing only DOG and COCORO. Altcoins to watch remain highly volatile, and the Fear & Greed Index shows extreme fluctuations. Investors should closely monitor liquidity and holding risks.
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