Question 1

What is Real Smurf Cat (SMURFCAT)?

Accepted Answer

Real Smurf Cat, also recognised as Shailushai, is a memecoin developed on the Ethereum blockchain. This cryptocurrency draws inspiration from the Smurf Cat internet meme that became widely known through TikTok. The meme features a blue cat-like figure and is associated with "The Spectre" by Alan Walker, reflecting certain emotions through its lyrics. It achieved significant attention in September 2023, particularly with the adoption of a Russian hashtag, leading to a large number of views and discussions.

Question 2

What is Real Smurf Cat (SMURFCAT) used for?

Accepted Answer

Real Smurf Cat is intended to tap into the meme coin market, in a manner similar to Dogecoin and PEPE, by employing a no-tax policy, a system to reward long-term holders, and a mechanism to burn coins to ensure scarcity. The project aims to support coin stability by incentivising extended holding periods and includes measures to periodically decrease the coin supply. These actions are designed to serve the interests of the coin holders and contribute to the sustainability of the project. At the launch, the entire maximum supply was transferred to the liquidity pool on Uniswap, with LP tokens destroyed and the deployer contract made ineffective to mitigate the risk of fraudulent activities and cultivate trust within the community.

***The official Real Smurf Cat ticker is “SMURFCAT” and trades under that name on all the exchanges where it has been listed. The designation “SMURFCATETH” is for CryptoCompare.com only.***