According to TechFlow, in the "Bitcoin Cat" community discussion group, CoinEx founder Yang Haipo stated that Bitcoin Cat is a new cryptocurrency, just like BCH and BSV. "We will have a whitepaper, roadmap, foundation, proposal voting mechanism, and more—everyone is welcome to participate in building it," he said. Additionally, he emphasized that Bitcoin Cat is not a meme coin. Regarding the name "Bitcoin Cat," he explained that being fun is what makes it interesting, and cuteness itself is competitive. "We have Dogecoin—why shouldn't we have a Catcoin?"
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