BlockBeats news, on November 22, according to official news, the well-known Middle Eastern encryption institution X3 Labs announced that it will successively purchase CAT Tokens worth 10,000 SOL in the future and incorporate them into its strategic reserves. This operation marks CAT as the first Meme Token included in X3 Labs' DAT strategic management. X3 Labs will officially launch the “CAT version of MicroStrategy,” further strengthening CAT's market Depth and ecological stability through long-term holding and strategic layout. X3 Labs is the official ecological partner of the Middle Eastern RAK DAO encryption organization, focusing on community incubation of forward-looking Web3 projects and DAT strategic investment management. CAT Terminal will be fairly launched on the PumpFun platform on January 27, 2025. Currently, CAT's market capitalization is reported at 27.93 million USD, making it the highest market capitalization cat concept Meme Token, with the number of on-chain holding Addresses reaching 13,638. The CAT Crew gaming ecosystem launched by the community has attracted over 10,000 users globally.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Tech-Led Stock Rally Fails to Lift Crypto as Ether, XRP, and Solana Slide
19 Febuary 2026
Key Takeaways
Major cryptocurrencies declined even though there was an increase in Asian and U.S. stock markets based on technology.
Weakness was attributed to the appreciation of the dollar and insecurities regarding interest rate policy of the Federal Reserve.
Crypto rallies ar
CryptoBreaking1h ago
Solana Price Faces $80 Test After $90 Rejection
Solana's price faces renewed downside pressure after failing to break above $90, forming bearish engulfing candles. This loss of control shifts focus to key support around $78, aligned with Fibonacci levels, reinforcing the bearish momentum as sellers dominate the market.
CryptoFrontNews7h ago
The Endgame of "Coin Hoarding Company": Liquidation or Self-Rescue?
Author: Prathik Desai
Translated and organized by: BitpushNews
Just over a year ago, for many companies seeking to boost their stock prices, becoming a cryptocurrency reserve company (DAT) seemed like an easy decision.
Some Microsoft shareholders convened meetings to ask the board to evaluate the benefits of including some Bitcoin on the balance sheet. They even mentioned Strategy, which is the largest publicly listed Bitcoin DAT.
At that time, a financial flywheel was in place, attracting everyone to follow.
Buying large amounts of Bitcoin, Ethereum, Solana (SOL). Watching the stock price exceed the value of these assets. Issuing more shares at a premium. Using that money to buy more cryptocurrencies. Cycle repeats. This financial flywheel supporting publicly listed stocks seemed almost perfect, enough to tempt investors. They paid over two dollars just to indirectly acquire Bitcoin worth only one dollar.
区块客8h ago
U.S. SOL spot ETF had a total net inflow of $3,777,400 in a single day
According to SoSoValue data, on February 20th, SOL spot ETF had a total net inflow of $3,777,400 in a single day, with Bitwise Solana Staking ETF experiencing the highest net inflow of $3,048,500, bringing the total net inflow to $694 million. Franklin Solana ETF had a net inflow of $728,900, with a total net inflow of $6.7432 million. As of now, the total net asset value of SOL spot ETFs is $737 million, with a cumulative net inflow of $889 million.
GateNewsBot10h ago
