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Kai Cat Coin (KAI) wants to start a new era for cryptos—the time of the cat. For a long time now, coins based on dogs have dominated the meme coin space but KAI could change this in 2024.
DOGE and SHIB have been dominating the meme coin space with a market cap of $19.7 billion and 12.
Their successes have also led to the success of other dog-themed coins which had established oaths to follow, making tokens like BONK, FLOKI, MEW, or dogwifhat (WIF) also popular names in the meme coin space. At least so far.
Kai Cat Coin Ready to Change Meme Coin Order
But Kai Cat Coin (KAI) is ready to shake up this established order. KAI is described as “the cat that will dethrone dog meme coins.”
The project is currently in the presale stage and it has already gotten a lot of attention, raising over $500,000 of its $693,613 target in the current stage.
KAI tells the story of a retired crypto cat coming out of retirement to lead a feline revolution against the dominant dog-themed coins.
According to the project’s lore, KAI was once the most feared feline crypto, but retired to a peaceful life by a fish pond.
However, rumors of a blockchain war between dogs and cats have forced it to leave his quiet life, leaving his full fish pond unattended – a metaphor for the high staking rewards offered to early investors.
No matter what the market – The cat continues! 
pic.twitter.com/cLrY6M7vtx
— Kai Cat Coin (@kai_cat_coin) June 13, 2024
The project’s roadmap is divided into three phases.
The first phase focuses on the presale and staking rewards, allowing early adopters to “fish” for high returns.
The second phase calls for the formation of a digital kitty army to battle the canine-themed coins.
The final phase envisions KAI’s ascent to billions in market cap, ushering in a new era of feline dominance in the crypto world.
Tokenomics and How to Buy KAI?
KAI’s design for how its tokens work is meant to support its long-term vision and community-focused plans.
The total number of tokens is divided into different parts: 15% for liquidity (called the “Liquidity Litter”) to make sure transactions and the market stay stable; 15% for staking to encourage long-term holding and investing in the network; 20% for the presale to offer a bonus to early buyers; 25% for “Feline Flux,” the project’s marketing effort; and 25% for “Purr Points” to reward community engagement and contributions.
Right now, you can buy KAI tokens only through the official presale page. You can use ETH, USDT, BNB, or a credit card to make this purchase.
The process is simple – you need to connect your crypto wallet to the KAI buy widget to take part in the presale.
The token price is expected to keep going up through the different presale stages, so the earlier you get in, the lower price you can “catch”.
KAI Meme Coin Offers Passive Income for Users
The KAI token has a staking feature that allows token owners to earn extra rewards. Here’s how it works:
- Investors can purchase KAI tokens during the presale period.
- After buying, token owners can put their KAI tokens in the “Staking Pond.”
- After staking their tokens, owners can get bonus KAI tokens.
- The current reward percentage for staking is shown on the buy widget and in the KAI dashboard. You should watch these rates, as these may change as more people stake KAI. (currently around 2,000%).
- Once you’ve bought and/or staked your KAI tokens, you can see your balance on the buy widget and in the dashboard. Of course, make sure your purchase wallet is connected to the KAI website.
This passive income chance is especially emphasized during the ongoing presale period. The project describes this as a time when “KAI transforms from a fisherman to a fighter,” suggesting the token’s use or features may change in the future.
JOIN KAI COMMUNITY TODAY:
The post This Meme Coin Is Set to Challenge Shiba Inu, Dogecoin, BONK, and Other Dog-Themed Meme Coins’ Dominance appeared first on CoinGape.
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