FELIS (Felis) 24-hour pump 1155.36%

Gate News Bot message, on September 16, according to CoinMarketCap data, as of the time of writing, FELIS (Felis) is currently priced at 0.0000008275 USD, having risen 1155.36% in the last 24 hours, with a high of 0.0000016126 USD and a low of 0.0000000622 USD.

FELIS is a cat-themed meme token project with the slogan "Make Cats Great Again". The project aims to bring more fun to the cryptocurrency world, advocating the idea of "Work Less, Meow More". The total supply of FELIS tokens is 1 trillion. Its token distribution includes 30% for liquidity pool, 20% locked for CEX listing, 17% allocated to the team, 10% for burning, and 10% for marketing, among others. Each transaction automatically burns 2% of the tokens, adds 3% to the liquidity pool, distributes 3% to holders, and allocates 2% for marketing.

Important news about FELIS recently:

1️⃣ The overall recovery of the crypto market has driven the rise of tokens such as FELIS.

Recently, the total market capitalization of the cryptocurrency market has once again surpassed the $4 trillion mark, indicating that investor confidence is recovering. This overall favorable environment has provided upward momentum for small-cap tokens like FELIS, driving their prices to experience significant rises in the short term.

The altcoin bull market is driving the performance of FELIS.

The current crypto market is experiencing a relatively widespread altcoin bull market, with many small-cap tokens showing significant growth. As an emerging meme token, FELIS has also benefited from this wave of momentum, attracting the attention of speculators and driving its price to rise.

3️⃣ FELIS's unique token economic model has attracted attention.

The token distribution mechanism of FELIS, along with features such as automatic destruction and liquidity addition, has sparked some interest among investors in the current market environment. This deflationary design may have stimulated token demand in the short term, becoming a factor in driving the price rise.

From a technical perspective, the drastic fluctuations in the price of FELIS in a short period indicate extremely high market speculation. Investors should approach such a pump with caution and pay attention to risk management.

This message is not an investment suggestion, and investors should pay attention to market volatility risks.