How are you? By Allah's grace, I'm doing very well. The coin we will discuss today is Simon's Cat or CAT for short. Simon's Cat coin is currently ranked 262. Simon's Cat is a meme coin. There are many reasons behind suggesting Simon's Cat. Simon's Cat is going to be a very good meme coin. The first reason to suggest Simon's Cat is that this coin is listed on more than 50 exchange sites at once. That means its future is good.

Here you can see ONE CAT, BILLIONS OF OWNERS!. Billions of people are involved with Simon's Cat. Also, we know that FLOKI INU (an established meme coin) is providing overall support to Simon's Cat coin.

If we come to FLOKI INU, we will see that they have posted about Simon's Cat, this post was made on December 16. FLOKI INU is widely supporting Simon's Cat, due to which it is getting more hyped. If we look at their Twitter, we can see that more than 2 lakh people are already following them.

When Simon's Cat was launched, its price was $0.07089. But it dropped a few days ago. When a new coin is listed, the price is a little higher, but after a few days it dumps. As a result, new coins are always a little risky, but later when it becomes stable, churches are formed, you will understand its direction. Only then should you invest in it according to your knowledge. Since Simon's Cat is a meme coin, there is always risk. You should not invest excessively in meme coins, you should invest very little. If you lose, you will not care. The range that Simon's Cat is currently in is a valid sideways market and support. From here, the next short term sell target will be $0.050. And the long term sell target will be $0.50. You can analyze it yourself and hold it according to your own risk, I hope it can give a very good return.

Today's discussion concludes here. I hope you've found it interesting. Please share your thoughts on today's topic. Prayers for everyone. May everyone be well. Amen.