Shark Cat Celebrates Copyright Controversy Settlement with “Coin Price”
Have you recently come across a cute cat wearing a shark hat taking over your Twitter feed? This meme coin called “Shark Cat” ($SC) experienced a staggering 225% increase in value within 24 hours, with a trading volume of $31 million. Currently, it is priced at $0.17.
While this may not be the highest point in $SC’s price history, it is definitely a moment worth celebrating for the $SC community.
In the past few weeks, $SC faced a copyright dispute as the team used the Shark Cat IP without permission. This caused a 70% drop in price and even led to the removal of the iconic Shark Cat profile pictures on Twitter and major exchanges (which have now been restored).
Thanks to the efforts of the $SC team and community, an agreement was reached with the owners of the Shark Cat IP, bringing the copyright issue to a perfect conclusion. As a result, $SC’s price has bounced back and regained its previous vitality.
Unraveling the Mystery of Shark Cat’s Origins
The true identity of “Shark Cat” is none other than “Nala,” who has already made a name for herself. With 4.5 million followers on Instagram, Nala has been certified by Guinness World Records as the “most famous cat on Instagram” and has even won the annual TikToker award.
Nala has captivated global fans with her adorable actions and expressive face. What makes her even more special is that she can make “human-like” sounds, earning her the nickname of the talking cat among internet users.
Moreover, Nala’s owner has launched a cat food brand and various merchandise under Nala’s name, making her a true millionaire cat in both the cryptocurrency world and the real world.
The successful resolution of the “Shark Cat copyright case” has left 0xDamien, a top fan of $SC, optimistic. He believes that the term “Shark Cat” itself has strong meme characteristics and affinity, easily resonating with people. Combined with Nala’s high level of fame, it injects even more potential into Shark Cat.
