#GCAT 6.9 Hundred Million? Wait—read: 69万市值, reason for being bullish
1. The narrative is interesting: GENIUS concept, “zoo” concept, and it’s considered the first cat-coin of a new chain being tested
2. The market cap is relatively low. Yesterday, when the new listing went live, it peaked at 3.154 million, then dropped to 690,000. I bought a bit decisively. The holders’ distribution is relatively concentrated: the top 100 account for 73%. Average cost is 990,000 market cap, and the “front” has more momentum
3. The community is decent: more than 2,000 holders, more than 1,000 community members. Mostly in Chinese-speaking regions; lots of sharing images and text everywhere
$币安人生 #跟着锦鲤学打百倍金狗 Follow Web3 Koi Diary—coins I bought have gone up tenfold
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