Should i buy more Catwifhat after getting free airdrop ?

[Saucemann]

After holding $WEN token on solana blockchain i was later airdropped another token worth 4$ which i learnt it was a community airdropped to almost everyone holding WEN the name of the airdropped token was Catwifhat.

I got interested in the project when my 4$ airdrop pumped to 30$ i was wowed i had to do research more about this token found out that Catwifhat became a hit deflationary meme across the Solana community in early 2024 after completing airdrops to more than 1,300,000 holders.

Based on the hit-meme dogwifhat and utilizing a burn fee with Solana Token Extensions, 4% of $CWIF are automatically burned from every on-chain transaction.
Right now i'm about buying more to what i'm holding.
any thought or advice for me here ?

[batang_bitcoin]

Right now i'm about buying more to what i'm holding.
any thought or advice for me here ?

Only you can answer that, if you can avail and you think it's a right investment for you then do it. But IMO, if you've got that free airdrop and you want to expand it then that's what you should only use for reinvesting. So if you're planning to have more of it and you're going to use another money for it, just deal with the risk if you understand it. Not everything that we see as new in the market is likely to move above. If it's made with hype then it won't take long then a likely dump will come.

[goaldigger]

You might already late because the price pumps that much but it is still your choice and as long as you do your own research and you know that you can still afford it, then why not. When I do received an airdrop, I don’t usually invest with them and I took profit right away because I know, that big community will also liquidate it and the price will be affect sooner or later.

[yazher]

Well! most people only care about the rewards of the project they promote but if you are enthusiastic enough to do so, why not? but I tell you that it's not that easy but it seems to me like you already have researched all the necessary information and it convinces you to invest your money in their coin. This is not an easy decision but if you know what you are doing and you are willing to take the risk then we say to you good luck and be sincere in your decision because only a few people are brave enough to invest after a certain coin pump its price and you never know if it's will stay there and increase furthermore or not.

[dunfida]

After holding $WEN token on solana blockchain i was later airdropped another token worth 4$ which i learnt it was a community airdropped to almost everyone holding WEN the name of the airdropped token was Catwifhat.

I got interested in the project when my 4$ airdrop pumped to 30$ i was wowed i had to do research more about this token found out that Catwifhat became a hit deflationary meme across the Solana community in early 2024 after completing airdrops to more than 1,300,000 holders.

Based on the hit-meme dogwifhat and utilizing a burn fee with Solana Token Extensions, 4% of $CWIF are automatically burned from every on-chain transaction.
Right now i'm about buying more to what i'm holding.
any thought or advice for me here ?

$SOL meme tokens are something that im really that eyeing for on holding but just like on what most people been saying that when it comes to meme holding then it would be not that good for long term but of course there would really be those exemptions because we've seen couple of conditions or situations that even with those shittiest coins on which we do thought that they wont pumped but it did really be able to reach up those all time highs on which it do really shows up that the possibilities are there.

[BitMaxz]

Not good if it was already hype and this is not the right time to buy memes it's too risky to buy them right now during a bull market maybe the good time to buy them again is when we see solid bearish again just like what happened last month and bought the dip at May 1 that would be the best time to buy memes. So right now is not a good time I still see the price continuously increasing but the buying frequency keeps dropping which I think is a signal that buyers are losing momentum and maybe we will see a sudden change in the price structure and it might decline instantly if there's a divergence signals.

Another thing is it's a meme cat I don't think it has much community compared to frog memes most of the memes that I see have surged very high are Pepe and Turbo look at the market of both of these and it seems there is a big community supporting this frog.

I don't know why people are interested in Memes they don't actually have any use but it seems they like it more than the other or I believe whales are those who control it since they are the one who invested first and let small retailers buy to push the price higher then later once we see bearish week I believe they're going to sell that is why it's not good to invest on these meme but if you are risk taker I think small amount is fine just to add it to your portfolio.

[3la9l_kolbaCa]

After holding $WEN token on solana blockchain i was later airdropped another token worth 4$ which i learnt it was a community airdropped to almost everyone holding WEN the name of the airdropped token was Catwifhat.

I got interested in the project when my 4$ airdrop pumped to 30$ i was wowed i had to do research more about this token found out that Catwifhat became a hit deflationary meme across the Solana community in early 2024 after completing airdrops to more than 1,300,000 holders.

Based on the hit-meme dogwifhat and utilizing a burn fee with Solana Token Extensions, 4% of $CWIF are automatically burned from every on-chain transaction.
Right now i'm about buying more to what i'm holding.
any thought or advice for me here ?

You could by if the price is still at very cheaper value, don't miss this chance before hype comes. Most importantly keep your rewards safe and back up everything the private keys and back up phrases.
Also keep holding the top coins as well to remain sustainable in the future rise.

[GideonGono]

Base on my experience when receiving an airdrop it is better to avoid investing to gain more.
I tried it before the result of my greed would always be losing more rather than earning from those airdrops.
But I am only telling my experience, you should decide on your own it is your money your responsibility.
I am not against holding more than our rewards from airdrop, but I just want to stay safe now, everytime that I would receive an airdrop I would just stick to that amount.

[Bureau]

Meme coins are risky investments as they are community driven. They don't hold any kind of utility and there are chances that an investor can lose everything invested in one single dump. Catwifhat has already established itself in the crypto market as it has good market capitalisation. The current trend is still showing that investing in meme coins is far profitable in the short term than in other coins.

If you are okay with the risk and if you want to gain some profits then I think you should buy more but do diversify your meme coin portfolio. Do remember that you need to research before you invest in them.

[Kristiyana]

After holding $WEN token on solana blockchain i was later airdropped another token worth 4$ which i learnt it was a community airdropped to almost everyone holding WEN the name of the airdropped token was Catwifhat.

I got interested in the project when my 4$ airdrop pumped to 30$ i was wowed i had to do research more about this token found out that Catwifhat became a hit deflationary meme across the Solana community in early 2024 after completing airdrops to more than 1,300,000 holders.

Based on the hit-meme dogwifhat and utilizing a burn fee with Solana Token Extensions, 4% of $CWIF are automatically burned from every on-chain transaction.
Right now i'm about buying more to what i'm holding.
any thought or advice for me here ?

Actually I think everyone is entitled to chose what is best for them, if you're thinking of buying more to what you're holding i think the choice is yours, but I will advice you keep your money, being so optimistic about something is not really good sometimes, mostly when it has to do with meme Investment because is very hard to predict. with the way you sounded I think you really trust this token, but I will advice you don't buy more just keep holding those ones you're holding before.

[GreatArkansas]

(....)
Based on the hit-meme dogwifhat and utilizing a burn fee with Solana Token Extensions, 4% of $CWIF are automatically burned from every on-chain transaction.
Right now i'm about buying more to what i'm holding.
any thought or advice for me here ?

This is a very difficult situation because some already taking profits, but you still planning to take more. It's still a gamble especially since this is a memecoin and from airdrop.
Just take for example other altcoins before especially from airdrop and memecoin. Yes, we all know how high pumping is on these random memecoins but you need to take a look also if there is still a chance to pump, like doing technical analysis and especially checking the Bitcoin or entire market if we everything is good because it can affect it.

[JeffBrad12]

Why doni't you buy when it was bottommed a few days ago?



It has increased a lot. Don't be so stupid by buying it this time. The whales can dump in your ass. You were expecting airdrop but i think this is kinda different. Your capital may be decrease once the correction will come soon. The better for you wait for the correction to come.

This is gonna be help you a lot. Im sure that anyone is feeling so damn good with this meme pump season but i remind you that things may be changing as soon as they have done with the pump.

Buy when it was at the bottom. Don't be so stupid to bet your money at the top price. It will never be going down for sure. Think about that my friend. Look at WF chart please.

[Ben Barubal]

After holding $WEN token on solana blockchain i was later airdropped another token worth 4$ which i learnt it was a community airdropped to almost everyone holding WEN the name of the airdropped token was Catwifhat.

I got interested in the project when my 4$ airdrop pumped to 30$ i was wowed i had to do research more about this token found out that Catwifhat became a hit deflationary meme across the Solana community in early 2024 after completing airdrops to more than 1,300,000 holders.

Based on the hit-meme dogwifhat and utilizing a burn fee with Solana Token Extensions, 4% of $CWIF are automatically burned from every on-chain transaction.
Right now i'm about buying more to what i'm holding.
any thought or advice for me here ?

     If there are meme coins that are listed on the top exchanges, for me, the majority of them are only short-term; I don't think they are good in the long term. Maybe in the times that we are facing a bull run, the meme coins that can be long-term at least are Doge, Shib, Pepe, and Floki.

     Now, among the meme coins that are going to face the bull for the first time that I think can really rally are Bome, Toshi, FIsh, WIF, and WEN, which I think will somehow keep up with the market once it starts bitcoin's takeoff rally in the market.

[X-ray]

you probably just gonna become the exit liquidity, however good the coin is if it already rise its already too late for you better safe than sorry, even more so in this case coin has been pumping up so high if compared with the bottom.
even if the coin continue to rise you only got peanut profit unless the coin make double or triple current price which is maybe difficult because I see this coin don't got listed in an exchange with good reputation.
which mean if this continues the only way for this meme coin is to decline in the future once another coin pops up, the problem with meme coin below $100 million market cap and even worse below 50 million market cap is that they easily lose volume.
so you should think about that too.
just be in the watch out if you are so sure this coin gonna pump again. at best what you are feeling right now is probably just FOMO, its even more dangerous being fomo'd into buying meme coin than buying coin with fundamental like ethereum because you could lose all your money completely, since if you think about it, other meme coin with bigger market cap and listed in big exchange is having the same gain, why don't you think of a more assuring choices rather than this one like these.

[mich]

Well when I did the airdrops I did not like to hodl the free tokens for a long time. For me they are not worth it to hodl so I did just like to think of it as free Bitcoin.

But this is not what the devs do want us to do. They want us to use those free air drops and buy more of the tokens. I do not know this air drop called Catwifhat. But you can sell those air drop tokens for Bitcoin then you should do it.

[wheelz1200]

This market is getting lazier and lazier.  Why in the world would you ever buy something like that and think it's a good idea.  Not saying you can't possibly find more fools to buy it higher but these things are literally worthless.  You are basically throwing your money into the middle of a wind turbine and seeing if more blows back your way.  There will be studies on people who put their money into memecoins in the future.

[Bureau]

This market is getting lazier and lazier.  Why in the world would you ever buy something like that and think it's a good idea.  Not saying you can't possibly find more fools to buy it higher but these things are literally worthless.  You are basically throwing your money into the middle of a wind turbine and seeing if more blows back your way.  There will be studies on people who put their money into memecoins in the future.

Everyone knows the risk and understands that meme coins don't hold and utility value but still they are generating good returns. If you do a search on CMC you will find there are four Catwifhat that are listed. All four of them are hihly volatile but when you check their 1 month return you will understand the craze behind these coins.

[Bournesparks]

After holding $WEN token on solana blockchain i was later airdropped another token worth 4$ which i learnt it was a community airdropped to almost everyone holding WEN the name of the airdropped token was Catwifhat.

I got interested in the project when my 4$ airdrop pumped to 30$ i was wowed i had to do research more about this token found out that Catwifhat became a hit deflationary meme across the Solana community in early 2024 after completing airdrops to more than 1,300,000 holders.

Based on the hit-meme dogwifhat and utilizing a burn fee with Solana Token Extensions, 4% of $CWIF are automatically burned from every on-chain transaction.
Right now i'm about buying more to what i'm holding.
any thought or advice for me here ?

$SOL meme tokens are something that im really that eyeing for on holding but just like on what most people been saying that when it comes to meme holding then it would be not that good for long term but of course there would really be those exemptions because we've seen couple of conditions or situations that even with those shittiest coins on which we do thought that they wont pumped but it did really be able to reach up those all time highs on which it do really shows up that the possibilities are there.

Last bull season it was BNB, Now I think it's sol that's the king of memes.. most of sol related memecoins have done good. I'm exploring Bitget memezone at the moment to see if this CWIF oo mentioned has volumes, if it is I'll take a bet on it.. it's short term though😆

[moneystery]

it is your choice whether you want to buy it or not. however, just as a suggestion, you need to understand the risks of your investment in this token, especially since it is a new token whose development is still limited and we cannot be sure whether it will be a scam or not. if you believe that the token has potential, and you are interested in investing, just go ahead.

[God bless u]

After holding $WEN token on solana blockchain i was later airdropped another token worth 4$ which i learnt it was a community airdropped to almost everyone holding WEN the name of the airdropped token was Catwifhat.

I got interested in the project when my 4$ airdrop pumped to 30$ i was wowed i had to do research more about this token found out that Catwifhat became a hit deflationary meme across the Solana community in early 2024 after completing airdrops to more than 1,300,000 holders.

Based on the hit-meme dogwifhat and utilizing a burn fee with Solana Token Extensions, 4% of $CWIF are automatically burned from every on-chain transaction.
Right now i'm about buying more to what i'm holding.
any thought or advice for me here ?

I will not recommend you to buy the token just after claiming the airdrop because usually in these kind of situation the price will drop or you'll see some fluctuations over time in the Market conditions. Moreover people will take their interest out due the free airdrop which is done.

So the best time to invest will be when you will analyse the market conditions after getting the data when the will will spend some time in the market.