As the website describes, Kitty Solana (KITTY) is an original KITTY meme token connected with the Solana platform. Meme tokens are cryptocurrencies inspired by the popular memes in social media circles. Kitty Solana (KITTY) launches a market watcher or as the platform calls ‘KITTY Watch’ on the exclusive ‘KITTY DEX’ or decentralized exchange. The platform aims to make analyzing real-time cryptocurrency rates, details of market capitalization, and price movements easier than thought for the traders. Additionally, the market watcher seeks to allow users to watch the coin stats closely and trade the assets when the time is right.
Kitty Solana (KITTY) seeks to develop NFT collections and an NFT marketplace, benefiting users by large. Further, the NFT marketplace aims to provide a secure platform to trade the tokens. Kitty Solana (KITTY) launches the ‘KITTY Kingdom,’ a unique NFT project comprising 3,333 distinct and high-quality 3D kittens. The meme token aims to encourage users to stake the tokens for better earnings. Besides, users can swap the Kitty Solana (KITTY) tokens on the peer-to-peer exchange and enjoy increased liquidity.
KITTY is the official token of Kitty Solana (KITTY). Since the token seeks to reward the community, 5% of the tokens are distributed using airdrop. Cryptocurrency airdrop refers to the mechanism of transferring small amounts of tokens to wallet addresses, intending to increase awareness of a new virtual token. Further, the token also seeks to support the creation of new markets on the decentralized exchange. Hence, 15% of the tokens are dedicated to launching new markets on the DEX. Kitty Solana (KITTY) seeks to reward all token holders fair and square. Therefore, 20% of the tokens are redistributed among active token holders as rewards.