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), saw a surge of 225% in just 24 hours, with trading volume skyrocketing to $31 million. Currently, its 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.
In the past few weeks, $SC found itself embroiled in a copyright dispute as the team used the Shark Cat IP without permission. This led to a 70% drop in price, and even the iconic Shark Cat profile pictures were taken down from Twitter and major exchanges, leaving a blank space (which has 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 resolution. As a result, $SC’s price has bounced back, regaining its former vitality.
Unlocking the Mystery of Shark Cat’s Origin
The true identity of “Shark Cat” is none other than “Nala,” who has already made quite 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 fans worldwide with her adorable moves and expressive facial expressions. What makes her even more special is that she can make “human-like” sounds, 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 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, one of $SC’s biggest fans, feeling optimistic. He believes that the term “Shark Cat” itself holds strong meme characteristics and appeal, easily resonating with people. Coupled with Nala’s high level of fame, this injects even more potential into Shark Cat.