Simon's Cat BNB Meme Coin: The NEXT 100x Low Cap Gem?!

[Music] open welcome back to another deep dive another coin review whatever you want to call it today we're going to be going over Simon's Cat uh it is a BNB cat meme coin uh everything seems to be on salon nowadays or even coin bases base blockchain so it is kind of uh refreshing or different to see a BNB meme coin kind of catching some steam it is sitting at about 1884 $185 million in market cap now this is an area as far as the market cap valuation that I start taking a little bit of an interest in a coin because I find that when they're between like 150 to 250 million in market cap they're kind of solidifying themselves and saying hey we're here to stay we have a real Community we built ourselves up we put in the

hard work and a lot of times these coins move quickly to a half a billion or a billion doll market cap so it's something to definitely keep in your keep in your mind maybe uh keep an eye on if you check coin gecko regularly for what's trending and its top gainers we were doing those videos for a little while but feel like the Channel's a little too small for that so we'll bring those back later when we have a little bit more eyes and people who care to watch them now uh it's got about nine trillion tokens in its uh full Supply and its Max Supply and it's sitting at about 6.7 trillion tokens in its uh circulating Supply so there there's a discrepancy there again I would look at the difference between circulating Supply and Max Supply more

in a percentage ratio than I would um actual amount of coins cuz they can choose how many coins they have and how much or worth what it it's got a lot of it's 0.00 something you know we're going to go over to coin Gecko and show you all the actual details but my point is when it's like that they have a lot of tokens but it's really not that different than say a project that had N9 billion tokens and the ratio to how much is in the market is in the is in the circulating supply to the max Supply is just as important but it's more the ratio between the two and not actually the amount of coins some people see 9 trillion coins and they just absolutely uh freak out some people get excited and think because they

can get a lot more coins if it goes to a dollar like everything is in perspective everything is about um ratio and a market cap you know what I mean maybe they'll do some burning of some tokens as many people um speculate about mem coin projects who have a lot of tokens maybe they will maybe they won't but anyways we're going to get into this deep dive and move over to coin gecko all right guys here we are over at coin gecko we are looking at Simone's cat as you can see number 268 by market cap uh that's not too high in the market cap ranking and that's not that low in the market cap ranking for a meme coin you know something that doesn't have a ton of tech doesn't have a bunch of use case behind it

and we're going to need to figure out why we got to start asking ourselves why do people care about this coin you know I'm going to try to give you a little bit of insight into my mind and what I'm thinking when I'm looking at these coins why does anybody care about Simone's cat as a crypto project now let's go ahead and go down I've got it on the 24-hour chart here but it doesn't really show us much but a little bit of chop right hasn't done much it started a little lower here it gone up to a nice pump and then it has come back down that's what we would call Chop in a 24-hour setting and the 7day looks like you had a bottom at about $60 million in uh volume and up here we hit what

about $113 million in volume I'm assuming that's within the 7-Day window because we are on a 7-Day chart then we hop over into the one month again looks to be just rain Ing and the 3mon and then we'll look at 3 Monon looks about the same as the one month and let's go ahead and look at the max looks about the same so this coin hasn't been out that long coin gecko has it about August 22nd 2024 is about when they started recording the history maybe if you go to some smaller exchanges you might be able to find a little bit more um information of how you know low this coin was when it started but as far as speculating as far as investing right now does that really matter where it started you can't buy it for that

amount of uh you know money per token or whatever so what does it really matter um not a financial advisor nothing I say or do should be Financial advice none of these videos are a call for us to buy these coins this is a purely informational Deep dive take a look at it maybe put it on your radar maybe you want to hop in and buy some that is your choice and your responsibility not mine and there will still be people who will try to hold me to the fire like I told them to buy it and uh if it pumps really well then they will forget that I am the one who even put it on their radar but that's okay that's not what we're here for right we're here about building a community of people who want

to learn how to pick good coins and Investments high risk High reward my advice personally from myself is not to put too much money in any of these coins if it would hurt your day-to-day activities if it's a lot of money to you it's probably too much money to put in one of these projects all right moving on though sitting uh about 1.6% up on the day nothing crazy the market has been you know everything follows Bitcoin if you're new and you don't know that if Bitcoin tanks these coins will tank if Bitcoin pumps they might pump they might not we got to wait for it to you know price action of Bitcoin to pump and then kind of go sideways and that's usually when we start seeing a little bit of altcoin movement anyways if you're not familiar

with that you might want to go look on YouTube for some explanations about the four-year Bitcoin cycle hey them or love them bit boy has a lot of videos on the fouryear cycle that are very well put together and very informational so 0.0027 is what the what the price per coin per unit per token is sitting at right now I'm not exactly sure what the best way to say that is but you know moving on anyways market cap 84.3 million uh it's changed a little bit since I recorded at the beginning part of it 24-hour trading volume $80.3 million in trading volume which is pretty good trading volume right there that's pretty great 9 trillion coins or units or tokens in Max Supply and the circulating supply is about 6.7 trillion tokens so we'd be asking oursel where are

the rest of those coins when are they coming out what have they been allocated towards what is the team planning on using it is it marketing is it you know getting something done we're going to find that out and it is right here contract a binance smart chain contract I love the binance smart chain I know there's plenty of Bad actors on there there's good actors on there I know a lot of people have moved to salana I know a lot of people have moved to Bas blockchain I know that there's a lot of controversy over you know using binance as a Exchange in uh America and the things that have gone between the SEC and binance but binance smart chain is a separate entity I'm sure that there's involvement from binance the actual exchange that I'm sure it

was made from but at the same time um they are a separate entity so I don't think we have to worry about the different legal things going on with the exchange when it comes to binance Smart chain as a decentralized blockchain anyways here's their website we'll be going to that in just a second here and here's their Twitter communities Twitter and X I guess that's the same thing right x.com Twitter same thing we're going to be going and taking a look at that as well BNB chain ecosystem it is categories in meme coins so we just going over and reiterating all of the different uh factoids there that we get on coin gecko you can use coin market cap you're going to get about the same kind of information so exchanges if you were interested in this coin and

you chose not because I made this video but you chose to invest in this coin these are the different exchanges that you would find it on it easy gate.io this x.com I a lot I've never used either one of these top two gate.io or xt. comom I don't use those exchanges I do use Mexi Global it's my favorite you are probably going to want to plow ID to kyc if you're in the United States so you don't have to worry about your funds getting froze or anything like that uh K coin is another one these are all centralized exchanges by the way hopefully we'll see some decentralized exchanges here uh bitm Mar's another one I've used plenty of times it's okay I don't know the ins and outs of them uh deep coin don't know about htx I've seen

a lot never Ed Bing X and it goes on and on just trying to give you the top ones here and let's see the only de yeah the only decentralized exchange I should have known pancake swap is the go-to decentralized exchange on BNB binance smart chain Network all right let's hop over to all right let's hop over to their website I took a quick scan of their website I thought the website was pretty cool um as far as artwork remember meme coins Community artwork engagement those are what we're basing it off of not necessarily utility if a meme coin has utility as well well now you might really be on to something in my personal opinion that makes a meme coin worth a lot more so welcome to Simone's cat official meme coin one cat billions of owners so

this was obviously based around somebody's cat or looks like maybe even a cartoon cat that somebody drew up some artist so we got some looks like Twitter post here or it could be Instagram I guess says let others fight but true ogs know BNB chain is where it all began Simone's cat meme is here to take over follow and stay tuned so you don't miss out on what Simone's cat is cooking so that's on their uh you know handle here at Simone's cat and then we got flaky the real flaky looks like they repost some things that said who said dogs and cats can't be friends so this looks like kind of a collaboration between flaky which is another meme coin which is a dog meme coin it's in that vein of dog meme coins like Doge and stuff

and being friends with cat mem coin AKA Simone's cat so you can see kind of the communities um you know mingling together here and so we got two cats on a fence one spraying one with a water bottle it looks like that cat might have been naughty right that's what we do to cats we spray them with water bottles I guess they don't like water I'm not a cat person so I don't really know I don't have any cats but you see some some dollar bills here so you can you can pick up what they're putting down right they got some cool artwork I am a little bit of a sucker for the artwork doesn't mean I'm going to buy the coin but I can admit that the artwork looks pretty cool all right tokenomics now we're getting into

a little bit more meat of things that actually matter tokenomics are very important when you're looking at a meme coin so the pre-sale was 30% some might say that's a little high maybe not you got to raise some money to put some things together you know if you don't raise any money in the pre-sale how are you going to pay people to Market your coin you're not so a lot of people hate the pre-sales they like Fair launches they like airdrop Fair launches and that kind of stuff but pre-sale investors will bring the money in and make it so a project can actually Thrive and have some you know liquidity in their company to actually you know Market the coin enough of that so flowy holders got an 18.50% air drop this makes me want to go check my

uh my metamask my binance smart chain wallet it because I know I hold a little bit of Floy and I'm wondering if I got some airdrop right I haven't checked that in a long time but 18.50% that's a that's a big chunk of the supply in my opinion so do the people who launched this token have something to do with flaky you know and it start are they a part of the Floy team and they just launched another coin I don't know treasury gets 5% and then uh flaky trading bot air drops 150 per 1.5% um I don't know if that's annually at one time I don't know the details of that so liquidity they Reserve 25% of the tokens for liquidity probably for different things and then we have Simone's cat Foundation 10% so it looks like there

might be some utility built into this meme coin there might be a reason for it to exist other than the hype up cat lovers right and then you have mm uh which I'm not sure what that is 5% and then Reserve Reserve Community growth reserved Community growth I guess is what it is 5% hopefully I'm saying that right and we'll move down more cool artwork cat is the ticker cat it looks like is live on 13 plus exchanges again going over exchanges we already did that pancake swap Mexi Global um gate.io those are the ones that stick out to me of course cin we can't leave them out that's what sticks out to me maybe you you're somewhere else in America use these different exchanges so you know you can always pause the screen and take a look at

those or go to coin gecko coin market cap say no to empty bowls this is what I thought was a little bit interesting when I scanned through this website we're at the bottom of the website now not a ton to see it's a meme coin you're not going to get a ton of in-depth explanation you're not going to get an in-depth explanation it's not a layer one you're not going to get a whole thing about how their blockchain Works cuz they don't have a blockchain they're on the binance smart chain so it says say no to empty bowls every trade feeds hungry cats around the world boom there it is cat lovers around the world you know unite this is your coin it's going to feed hungry cats if you're a you know animal activist I can see a

lot of people loving this narrative if they actually can deliver that means it could go even farther right so those are the type of things that we need to be looking at as narratives when we are speculating next of course can't can't go without our Twitter smell test uh smell test uh how much engagement how many followers that's what we're thinking about here really give you some insight into what I'm looking at so first off we're going to follow them because why wouldn't we get some updates on what's going on I am interested in this coin 100,000 followers nice even number you know not too shabby let's see when they join July 2024 so they haven't even been on here that long they already have 100,000 100,000 followers it's hard not to put dollars after every number guys 100,000

followers and uh that's probably because they actually had some pre-sales and they actually had some money come in to do some marketing right so that means that there should be good engagement uh one cat billions of owners that's a good slogan I like the marketing now let's come down and look at their pin post is only from an hour ago so we can't judge this pin post too harshly because it was only an hour ago says everyone must join cat and it's got 1.2 th000 Impressions uh 126 likes 32 reposts and we'll go ahead and repost it as well go ahead and follow me on Twitter at Crypton atore ground crypto and that's atcore ground crypto not underground crypto that was obviously taken unfortunately anyways we're going to continue we won't judge the pin post too hard um because

it wasn't very long ago so then they posted again two hours ago Simone's cat going on a trip with flaky tomorrow are they are they hinting at something I don't know and um it looks like Snapchat Snapchat snapshot already recorded August 29th 2024 what a snapshot is is when they when they're going to airdrop a coin you know you got to think what people hold in their wallets and stuff changes possibly has the potential to change on an almost daily basis people might be trading in and out of a coins so when they're going to airdrop they just take a snapshot across the entire you know ecosystem of whatever chain they're on and then they're going to air drop at a later date based off of that data based off of those numbers and so hopefully you were holding

some flaky uh on August 29th and you're probably going to get the airdrop of some Simone cat coin which I'm hoping I got a little bit of but again cool artwork I like the artwork a lot it's pretty dope um if you're in the artwork then you're in the meme coins most likely if you're in crypto that is if you're not in crypto you're not even watching this video so you know why am I saying that I don't know um let's see okx will be supporting cat air drops to flaky holder so if you're on okx looks like you will get the air drop and that let's see let's see uh two hours ago already got 19,000 Impressions that's pretty darn good and 150 repost um 64 6 likes 55 comments that's pretty good 7 hours ago we'll move

a little faster here 38,000 um you know likes on this repost from flaky that's pretty dope Simone's cat more artwork okx some coins raining down showing you're going to get the air drop if you were in the snapchot date 71,000 Impressions that's pretty dang good and that was only 8 hours ago so far as far as the community engagement goes I'm loving it this is exactly what we want to see from a meme coin to be honest with you uh 8 hours or wait sorry September 8th not 8 hours ago but September 8th yesterday they got 15,000 impressions for this little video again artwork cat lovers how many people are watching cat videos on YouTube how many people would like a cartoon like this if this meme coin decided to launch a little cartoon series of the cat that

would probably take off it would probably do really well and it would probably make the coin blow up just throwing it out there for the community you might want to put that in somebody's ear if you're connected to somebody all right September 7th 35,000 Impressions 852 likes 254 reposts I like to see those reposts up when you get repost that's Community engagement right that's people in the community that care enough about it to repost it so people can see it on their page people they're connected with I think that that is a good metric right and this video is going a little long I do apologize but we're going to be wrapping it up here in just a second so again 11,000 on September 7th September 7th a lot of posts um seems like three four posts a day

is pretty good September 6th September 6th September 5th September 5th so posting all the time and I have 149 posts so that tells you that this has probably not been going on for very long but they have some good marketing now this is the point where I generally give you my gut rating my 1 through 10 gut rating um sometimes these videos go a little longer when I'm actually I'm getting the right vibe from a coin so you're not going to be surprised at my gut rating here I'm going to give this an eight um I would give it a 10 as far as meme coins go and what am I doing the 1 through 10 rating on it is based off of how well I think it's going to perform in the bull run that is hopefully coming

up you know starting in the next couple couple of months hopefully um around November December 2025 you know going into 2026 is where I think the top of the market is probably going to go if you're familiar again with the four-year Bitcoin cycle um are we getting a bull run are we not getting did we already see the Bull Run everybody's kind of up in the air we're going to have to find out but that's what my 1 through 10 rating and as I'm giving it an eight why is it missing the other two points why is it not a 10 well one it's a meme coin um it does have some utility though it has the utility of they're going to feed hungry cats if they can deliver on that I can see this thing exploding but maybe

they don't deliver on that to the point where it makes a difference to anybody right so that'll make it lose points the other reason why it's losing a couple of points there is because on the binance smart chain I don't know that we have the attention on the binance smart chain with base blockchain with salana with Avalanche with you know all these different other blockchains that are coming out I don't know if we really have the excitement in the be binance smart chain um ecosystem but that could be because I live in America and binance smart chain is kind of shunned here in America because of the legal stuff between the SEC and uh binance binance which is separate from binance Smart chain but of course not a lot of people probably realize that so they tied the two

together and so yeah basically I'm going to give it an eight I hope you enjoyed the video crypto Ron what is the biggest thing you could do for this channel in its growth if you love these reviews if you like not missing that 10 15 20 100,000x potential coin that we're putting out here on the channel then I need you to hit the like share subscribe Bell notification to make sure you don't miss a video biggest thing you can do for the channel guys