Odaily Planet Daily reports that, according to GMGN data, the SOL meme coin CATE briefly saw its market cap surge past $9.5 million, rising over 230 times within the day, and is currently trading at $7.09 million.
The market buzz around CATE stems from a new rescue kitten video posted by DOGE's owner, @kabosumama.
Subsequently, community user @HimothyGoggins shared and speculated that the cat’s name was “Hiromi,” though this claim was not confirmed by Kabosu’s owner. Later, @thedevrrrrrrr proposed “running CATE like DOGE,” and the token was quickly created on Pump.fun, sparking community interest.
It should be noted that there is currently no evidence that this cat is named Hiromi, nor has its name been officially confirmed as CATE. The name CATE originates from the previous "Cate" cat meme and has been reused by the community for this event's dissemination.
CATE is not an official token of Kabosu's owner, nor is it named after the cat's actual name; rather, it is a community meme coin formed by combining real events with existing internet memes.
Odaily reminds you: Meme coins are highly volatile—please be aware of market risks.