The market capitalization of meme coin CATE has surpassed $107,000,000 after rising more than 14 percent in the past 24 hours.

On September 26, BlockBeats reported, citing GMGN market data, that CATE, a Meme token on the Solana network, surpassed a market capitalization of $107 million, with the latest reported level at $103 million. The token’s 24-hour gain was more than 14.7 percent, and its 24-hour trading volume reached $6.1 million. The move places attention on a token whose launch story ties back to a social-media moment rather than an officially recognized creator.

From a Kitten Post to a Pump.fun Launch

On July 26, Atsuko Sato, the owner of Kabosu, the Shiba Inu associated with the original Doge image, posted a video of a kitten. According to BlockBeats, a community quickly launched a token on Pump.fun and framed it as “Doge’s successor” or “a cat version of Doge,” extending the meme culture around the idea that the dog came first and the cat came next.

A Denial That Separates the Token From Its Inspiration

Atsuko Sato later posted a clarification saying that the series of CATE tokens circulating in the market had no connection to her. She stated that she had only posted content on Instagram, but others used it without authorization to issue tokens falsely suggesting a link to her. She expressed regret and noted that some accounts spreading the related information included users with considerable influence on X.

Why the Market Data Matters

The latest figures show that a contested meme narrative can still generate visible liquidity: $6.1 million traded in 24 hours alongside a 24-hour gain of more than 14.7 percent. BlockBeats noted that Meme coins often lack practical use and may experience sharp price moves.