Simon’s Cat Airdrop: FLOKI Holders Cash In on 20% CAT Supply

The Simon’s Cat (CAT) meme coin airdrop is just around the corner, set for August 29. Floki Inu (FLOKI) holders have a unique opportunity to benefit.

The Simon’s Cat team plans to distribute 20% of the total CAT supply to FLOKI holders. 

If you’re holding at least 400,000 FLOKI tokens by the snapshot time, you’re in for a reward. So, what are the eligibility details?

Airdrop Details and Eligibility

To qualify for the airdrop, your FLOKI tokens need to be in your on-chain wallet or Binance account by the snapshot. Floki Inu and Binance will handle the airdrop distributions independently. 

You can expect to receive your tokens within 2-3 weeks after the snapshot. For on-chain participants, Simon’s Cat will allocate 315 billion CAT tokens, which is 3.5% of the total supply. 

The amount you receive will be proportional to your FLOKI balance. Holders with more than the required minimum will get a larger share. 

Extra Opportunities for Trading Bot Users

Besides the main airdrop, Simon’s Cat is offering an additional opportunity. They have set aside 1.5% of the $CAT supply for users of the Floki Inu Trading Bot. 

This portion will be distributed over 30 days to those who trade CAT through the bot. Details about this specific airdrop are still under wraps.

Despite a recent 4.85% drop, the token currently trades at $0.000022, with a 24-hour trading volume of $78.54 million and a market cap of around $170 million. The recent surge has been fueled by strategic token burns and listings on major exchanges like Gate.io and HTX.