SOL meme coin CATE surpasses $9.5M market cap with over 230x daily gains

Huo Xing Finance reports, according to GMGN data, the SOL meme coin CATE briefly saw its market cap surge past $9.5 million, rising over 230-fold within the day, and is currently trading at $7.09 million. The surge in CATE’s market popularity stems from a new rescue video of a kitten posted by Doge’s owner, @kabosumama. Subsequently, community user @HimothyGoggins shared the video and speculated that the kitten’s name was “Hiromi,” though this claim has not been confirmed by Kabosu’s owner. Later, @thedevrrrrrrr proposed “running CATE like DOGE,” prompting the rapid creation of the token on Pump.fun and sparking widespread community attention. It should be noted that there is currently no evidence confirming the kitten’s name as Hiromi, nor any official confirmation that it is named CATE. The name CATE originates from a prior “Cate” cat meme, which the community has repurposed for this event. CATE is not an official token from Kabosu’s owner, nor is it named after the kitten’s actual name; rather, it is a community-driven meme coin formed by combining this real-life event with an existing internet meme. Market reports indicate that meme coins are subject to high price volatility—please be aware of market risks.