In an exciting development for the cryptocurrency community, OKX has confirmed its support for the upcoming Simon’s Cat $CAT airdrop to $FLOKI holders. This highly anticipated event will reward eligible $FLOKI holders with free $CAT tokens, adding to the market’s growing trend of cat-themed meme coins.
As of August 29, 2024, OKX had taken a snapshot of users holding a minimum of 400,000 $FLOKI tokens. Those who meet this requirement will automatically receive $CAT tokens directly into their OKX accounts.
Key Details of the Simon’s Cat $CAT Airdrop to $FLOKI Holders
This airdrop is part of the broader effort to promote the newly launched Simon’s Cat token, inspired by the famous animated series “Simon’s Cat”, with a large following across social platforms.
- Snapshot Date: August 29, 2024, 23:59:59 UTC.
- Eligibility: During the snapshot, users must have held at least 400,000 $FLOKI tokens in their OKX accounts.
- Distribution: Proportional based on $FLOKI holdings.
How Will The Airdrop Work?
- Proportional Allocation: The number of $CAT tokens distributed will depend on how many $FLOKI tokens each user holds at the time of the snapshot. The more $FLOKI held, the greater the allocation of $CAT tokens.
- Reward Scaling: Holders with amounts above the minimum requirement will receive larger rewards. For instance, users holding double the minimum requirement could see their airdrop share double.
- Security Measures: Beware of scams and fraud. The official Simon’s Cat token contract address is 0x6894CDe390a3f51155ea41Ed24a33A4827d3063D. Any messages asking for wallet connections should be treated as suspicious.
We are thrilled to announce that OKX will support the $CAT airdrop for $FLOKI holders 🐾
CAT tokens will be distributed proportionally according to eligible FLOKI holdings as of the snapshot date.
📸 Snapshot Date (already recorded): August 29, 2024, 23:59:59 UTC
✅ If you… pic.twitter.com/WCTbCEVF5b
— Simon's Cat Token (@SimonsCatMeme) September 9, 2024
Key Points to Note for Eligible Users
- Automatic Distribution: Users who held the qualifying number of $FLOKI tokens during the snapshot will not need further action; $CAT tokens will be distributed automatically.
- Airdrop Ratio: The final distribution ratio of $CAT to $FLOKI will be determined by the total number of $FLOKI tokens held by eligible users on OKX at the time of the snapshot.
In addition, this collaboration between Simon’s Cat and FLOKI reflects a broader trend in the meme coin space, where projects are leveraging popular culture to boost engagement and offer exciting incentives to token holders.
As the Simon’s Cat ($CAT) airdrop approaches, it’s an exciting time for $FLOKI holders. Stay updated with official OKX announcements and safeguard your tokens by avoiding any potential scams during this period.
