Keyboard Cat, a cat-themed memecoin built on the Ethereum layer-2 network Base, rose by over 95% earlier today. This price surge followed the meme token’s partnership with Acheron Trading, a Singapore-based market maker, to enhance the memecoin’s liquidity and overall growth.
We’re thrilled to announce that we are partnering with @AcheronTrading as the official market maker for $KEYCAT
Acheron will take on a vital role in boosting liquidity and aiding our growth onto new exchanges.
We look forward to seeing their contributions help strengthen our… pic.twitter.com/0SPmxjQydm
— KEYCAT (@KeyboardCatBase) March 12, 2025
What is Keyboard Cat Memecoin?
Keyboard Cat began as an internet meme featuring a video of a cat called Fatso playing a piano. Although created in 1984 by Charlie Schmidt, the meme was posted via the video-sharing app YouTube in 2007. Since then, other cats like Bento and Skinny have carried on the legacy as they entertain their audiences with short videos of themselves seemingly playing piano keyboards.
In March 2024, Schmidt and his team deployed the cat character on the memecoin market using the ticker $KEYCAT. The Base token has a total supply of 10 billion, all in circulation. It also has a market capitalization of over $27.25 million and a liquidity of $1 million. It has also soaked up a cult-like following of over 24,800 across social media platforms, X and Telegram.
Today, the memecoin project resonates with its community by saying, “The cat plays on, forever.” This quote nods to KEYCAT’s commitment to remain operational for the long term.
Keyboard Cat’s Collab With Acheron
The Keyboard Cat team disclosed that Acheron will be the meme token’s official market maker partner. A market maker (or liquidity provider) is a firm that ensures the smooth running of on-chain transactions by buying digital assets from sellers and selling them to buyers.
Launched in 2018, Acheron Trading enables market-making services to clients across over 15 blockchains, including the Base network. The project also boasts integration with over 75 centralized exchanges and more than 20 decentralized exchanges. Keyboard Cat’s team believes that onboarding Acheron into its ecosystem will propel its operations to new frontiers.
According to its official website, the memecoin is available on exchanges like Coinbase Wallet, MEXC, XT.COM, Aerodrome, and Uniswap. Partnering with Acheron Trading will likely enable the cat-themed memecoin to enter more crypto exchanges.
KEYCAT Surges Nearly 100%
KEYCAT’s surge by over 95% proves that investors are bullish about the memecoin’s new partnership. The token soared to a peak of $0.003564 on the 24-hour chart, as seen below.
Source: CoinGecko
At the time of writing, KEYCAT sold for $0.002755, representing a 60% surge in the past 24 hours. However, this trading price is a far cry from the digital asset’s all-time high of $0.01585, recorded on November 15th, 2024. On the bright side, the token’s current valuation is significantly higher than its price around early August 2024. It sold for $0.0002206, signaling a 1,213% increase compared to the current trading price.
Recall that Base blockchain’s mainnet went public in early August 2024. Coinbase’s employee Jesse Pollak led Base’s creation and still directs its operations. Thanks to its affiliation with the leading American crypto exchange Coinbase, the L2 Base network soaked up a massive engagement from crypto users and developers within a few months.