A cat-inspired memecoin is booming after a surprise listing by Binance, the world’s largest crypto exchange.

In a new announcement, Binance says Simon’s Cat (CAT) will be available for trading on the BNB Chain (BNB) starting Tuesday.

Amid this news, CAT is trading at $0.00006245 at the time of writing, up nearly 45% in the last 24 hours. With a market cap of $420.8 million, CAT is the 244th largest crypto project.

The project celebrates support on the social media platform X.

“CAT is proud to be the first Cat coin listed on Binance. The BNB chain is where it all started and remains the best chain to build on, NEVER FORGOTTEN.”

Binance also says PENGU, the new utility token for non-fungible token project Pudgy Penguins, will be available for trading on Tuesday following an airdrop on Monday.

The project announced earlier this month that it plans to launch PENGU on the Solana (SOL) network.

“With PENGU, the millions of Pudgy Penguin fans and the hundreds of millions of people outside of the crypto world who watch and share Pudgy Penguin every day finally have the opportunity to join the character…

PENGU will have a total supply of 88,888,888,888 and will launch on Solana.”

At the time of writing, PENGU had not yet launched.

Binance is adding a seed tag to both CAT and PENGU, which the exchange applies to lower liquidity projects that may have higher volatility compared to other listed tokens. Binance requires users who hold assets with seed tags to complete testing every 90 days to ensure they are aware of the risks before trading the tokens.

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