This announcement caused a significant increase in the value of the Simon’s Cat token in particular. Immediately after the Binance listing news, CAT gained 64.42% and reached $0.0000641.

While the token’s total market cap is $433 million, its fully diluted valuation is calculated at approximately $520 million. CAT currently ranks 27th in the meme coin rankings in terms of market cap.

Binance announced its listing plans in an official announcement. On December 17, Pudgy Penguins’ native token PENGU will begin trading at 14:00 UTC. USDT, BNB, FDUSD and TRY trading pairs will be available for PENGU.

On the same day at 09:00 UTC, Simon’s Cat token will be listed on Binance with USDT, BNB, FDUSD and TRY trading pairs. The listing of these two tokens is awaited with great excitement by investors and the cryptocurrency community.

PENGU token will be offered to the public for the first time with this listing on Binance. The total maximum supply of the token exceeds 88 billion, while the circulating supply at the time of listing is expected to be approximately 623 million. This amount corresponds to 70.22% of the total supply.

The Pudgy Penguins team announced PENGU on December 6, but did not announce an exact launch date. With the Binance listing, the Pudgy Penguins project aims to reach a wide audience through the PENGU token.

Simon’s Cat token attracted attention as another meme coin that gained value with the Binance listing announcement. This animal-themed meme coin made a huge jump in terms of market cap following the announcement.

Simon’s Cat’s post-listing performance shows that such meme coins are becoming increasingly popular among investors. The token continues to attract investors’ attention with post-listing market movements.

Binance offered special opportunities to its investors for both tokens. Users who deposited BNB into Simple Earn products between December 9, 00:00 UTC and December 12, 23:59 UTC were entitled to airdrops of PENGU and Simon’s Cat tokens.

Airdrop details will be announced before listing and tokens will be transferred to the wallets of eligible users one hour before the transaction begins. This opportunity provided a significant advantage for Binance users.

Simon’s Cat token stands out as another popular meme coin that gained value with the Binance listing announcement. PENGU, on the other hand, is entering the market as a completely new token.

Pudgy Penguins NFT collection stands out as a well-known project in the crypto world. The launch of the native token PENGU could further increase the popularity of the collection and attract new investors.

It is curious how tokens such as PENGU and Simon’s Cat will perform after their Binance listing. Meme coins, in particular, attract the attention of investors with their high volatility and quick profit potential.

Pudgy Penguins and Simon’s Cat are among the growing animal-themed projects in the crypto world, and a Binance listing could help these projects reach wider audiences.

Binance’s listing of PENGU and Simon’s Cat tokens is seen as an important development in the cryptocurrency world. The increase in value following the listing announcement shows how much interest these projects have received from investors.

The performance of the two tokens after the Binance listing will continue to be closely monitored in the crypto market.