Bitcoin Cats (1CAT): Uses, Supply and Risks

Bitcoin Cats is a crypto project associated in public descriptions with GameFi, or blockchain-based games and related financial features. Those descriptions outline an ambition to build a gaming ecosystem connected to Bitcoin and EVM networks, but public sources do not confirm which products are currently operating or what users can do with them today. 1CAT is the project’s token. Public sources identify it as issued on Ethereum, but do not establish that it is a native token of a blockchain, or specify a consensus mechanism. Although 1CAT is classified in the Layer 2 tokens category here, that label alone does not show that it powers a Layer 2 network. Treat the project’s stated gaming direction as context, not proof of active features or guaranteed token utility.

Bitcoin Cats has been described as a GameFi project focused on the Bitcoin ecosystem, with plans involving gaming across Bitcoin and EVM networks. Some public descriptions also refer to BRC-20 tokens, Ordinals NFTs, play-to-earn features and DeFi. However, the public information available here do not verify that 1CAT currently grants access to a game, pays rewards, enables staking, or provides governance rights. Nor do they establish that the token is used to pay fees. Before relying on any claimed use, check current project materials and confirm which network and token version they refer to. A project’s proposed features and a token’s actual, live utility can differ. In short, the project’s broad gaming focus is publicly described, but the specific present-day role of 1CAT is not confirmed.

As of 2026-11-01, the stated circulating and total supply of 1CAT is 5 billion tokens, with a maximum supply of 10 billion. These figures mean the stated maximum is twice the current circulating amount, but they do not by themselves explain when or how any remaining tokens might enter circulation. The token’s price was about $0.00004827 on that date, with a market capitalization of about $241,333 and a fully diluted valuation of about $241,333. These are time-specific market figures, not fixed properties of the token. The recorded all-time high was about $0.0126242 on 2023-12-28; its recorded all-time low was about $0.00004651 on 2026-10-30. Past prices do not establish future value, and market data can change quickly.

The token facts list Ethereum as an issuance chain and do not list any native-token chain for 1CAT. This distinction matters: being issued on Ethereum does not mean that 1CAT is the native asset of Ethereum or that it is automatically available on Bitcoin or other networks. Public descriptions discuss Bitcoin and EVM ecosystems, but public sources do not confirm which versions of the token exist across those networks or how any cross-chain transfers work. If you encounter a 1CAT listing or a token claiming to be a wrapped or bridged version, verify its network and contract details through reliable project information before interacting with it. Token names and symbols can be copied. Do not assume that two assets labelled 1CAT are interchangeable simply because they share a ticker.

1CAT carries the usual risks of a small crypto asset, including sharp price changes, limited market activity and the possibility that it may be difficult to trade at a desired price. The supplied 24-hour trading-volume figure is unavailable, so it does not establish how much liquidity is accessible. There is also uncertainty about the token’s current utility, any future supply changes, and the status of the project’s proposed features. Holding tokens in a personal wallet means protecting the recovery phrase and checking the selected network and token details; a mistaken transfer or compromised wallet may lead to permanent loss. If using a custodial exchange, consider the separate risks of relying on that service. Never share a recovery phrase or sign a transaction you do not understand. These risks are not predictions about what will happen to 1CAT.