Shark Cat Celebrates Copyright Controversy Resolution with “Coin Price”
Have you recently come across an adorable cat wearing a shark hat on Twitter? This meme coin, known as Shark Cat ($SC), experienced a staggering 225% surge within 24 hours, with trading volume skyrocketing to $31 million. Its current price stands at $0.17.
Although this is not the highest point in $SC’s price history, it is definitely a moment worth celebrating for the $SC community.
Over the past few weeks, $SC found itself embroiled in a copyright dispute due to the unauthorized use of the Shark Cat IP by the $SC team. This caused the price to plummet by 70%, and even the iconic Shark Cat profile pictures were taken down from Twitter and major exchanges, leaving them blank (they have since been restored).
Thanks to the efforts of the $SC team and community, an agreement was reached with the owner of the Shark Cat IP, bringing the copyright issue to a perfect resolution. As a result, $SC’s price has bounced back and regained its previous momentum.
Unraveling the Mystery of Shark Cat’s Origins
The true identity of “Shark Cat” is none other than “Nala,” who has already gained widespread fame. 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 received the TikToker of the Year award.
Nala captivates global fans with her adorable movements and expressive faces. What sets her apart is her ability to make sounds that resemble human speech, earning her the title of a “talking cat” among netizens.
In addition, Nala’s owner has launched a cat food brand and various merchandise under Nala’s name, making Nala a true multimillionaire in both the crypto world and the real world.
The successful resolution of the “Shark Cat copyright incident” has left 0xDamien, the number one fan of $SC, feeling optimistic. He believes that the term “Shark Cat” itself possesses strong meme characteristics and affinity, easily resonating with people. Combined with Nala’s high level of fame, this injects even more potential into Shark Cat.