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CAT20 is one of the few good targets in the BTC ecosystem: 14 million u, it has gone through a rapid pump and whipsaw, accumulated considerable capital and community consensus, and the trading on Dotswap is very active, with a daily trading volume of over 1 million RMB. Some people may think it's not much, but pay attention! This is achieved without any market makers. This is the trading volume under a 2.5% fee. It can be said to be absolutely true. Imagine if it is a 1,000 times fee, how much would the daily trading volume be? It will definitely exceed 90% of the real trading volume of tokens on Gate.io. In addition, with a market capitalization of 14 million u, the odds of it will be very high. After 100 times, the fully diluted valuation is only 1.4 billion USD, which is a relatively ordinary level among more than 300 contract currencies. Of course, I do not deny that inscriptions and runes may also have a good rebound, but with 900 million u for ordi and 600 million u for sats, it is really hard to imagine if they rise another hundredfold.
In terms of Consensus, the cat20 holding Address ranks among the top four in the BTC ecosystem, which is already very impressive compared to its Market Cap and development stage. Based on my experience of participating in the entire process of cat20, it is one of the hottest projects I have been involved in since I entered the circle in 2018. During the initial minting period, it attracted bosses from various fields such as BTCMiner, senior meme tokens players, inscription Large Investors, etc. All the groups were discussing cat20. There were dozens of out-of-group trading groups with hundreds of people. In addition, unlike inscription and rune, which are governed by the East and the West respectively, cat20's communities in China are very active, and the foreign cat20 community is also very active, because foreigners are very FOMO about op-cat. It can be said that Cat20 is the only protocol-level project in the BTC ecosystem that has been universally recognized by both Eastern and Western communities.