Big Cat Rescue’s Carole Baskin Announces Big Cat Coin’s ‘Crypto-purrency’ For Online Tipping

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You’ve probably heard of cryptocurrencies like Bitcoin, and this week there has been a lot of hype around Dogecoin.

But what about Big Cat Coin?

Carole Baskin, CEO of Big Cat Rescue, launches her own cryptocurrency.

“It’s not a purr, it’s a currency,” Baskin told FOX 13’s Dan Matics.

Dogecoin features the face of a Shiba Inu dog, so it’s only fitting that cats have their own cryptocurrency as well.

Unlike more respected bitcoins, Dogecoin was created years ago as an online joke – used as an informal tip system in online circles. But after a lot of hype over the past six months, with a little help from Elon Musk and Mark Cuban, Dogecoin had a market cap of around $ 80 billion on Friday afternoon.

Matics asked Baskin: “Do you think with the advertising that you have, the weight that you have, that [Big Cat Coin] could be something that takes off on a major exchange? ”

“People in the industry tell me it’s possible with the recognition of his name and the fact that people love cats so much and there’s so much buzz, but that’s not what it is. is right now, ”Baskin said.

Baskin insists people shouldn’t view Big Cat Coincat as an investment like they might with Bitcoin or Ethereum. It can only be purchased and then sent to the rally.io network for around $ 11 apiece. According to rally.io, the network “enables creators to launch independent economies powered by the Ethereum blockchain.”

“It’s a way for our Big Cat Rescue fans to come together to tip over,” Baskin explained.

Cryptocurrencies, unlike the US dollar, are not controlled by a government. You can buy it and keep it, but not in your hand. Each piece is a unique digital piece and can be owned by an individual or an entity.

They are sent and received via digital transactions through a very secure electronic ledger called a blockchain.

But when it comes to investing in crypto, many experts say there is always a great risk.

“Make sure you know you can lose money,” Baskin said.


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