What is Hasbulla's Cat (BARSIK)?

By CMC AI
20 June 2025 07:20PM (UTC+0)

TLDR

Hasbulla's Cat ($BARSIK) is a Solana-based meme coin launched as a tribute to Hasbulla’s late cat Barsik, combining community-driven memes with charity initiatives.

  1. Memorial project – Created to immortalize Barsik, leveraging meme culture and emotional storytelling.

  2. Charity focus – Funded clean water wells in Africa ($9,600 donated) and plans animal welfare campaigns.

  3. High volatility – Down 74% in 30 days (as of June 2025), reflecting typical meme-coin speculation risks.

Deep Dive

1. Purpose & value proposition

$BARSIK positions itself as a “monument” meme coin with no utility beyond honoring Barsik and supporting charitable causes. Its value hinges on community engagement and partnerships, including a $500,000 grant from DWF Labs (Barsik.io). The project emphasizes memes, social media interaction (e.g., a planned TikTok AI bot), and altruism, though it openly states “no promises” of returns.

2. Ecosystem & adoption

  • Partnerships: Listed on 19 exchanges (MEXC, Gate) and collaborates with entities like Banxa and Phantom.
  • Roadmap: Targets Tier-1 exchange listings, AI-driven social campaigns, and token buybacks via a trading bot (75% fees allocated to repurchases).
  • Charity: Built five wells in Niger through Abode of Goodness Charity (Barsik.io).

3. Tokenomics & risks

  • Supply: Fixed 1 billion tokens, launched on pump.fun—a platform known for low-barrier meme-coin creation.
  • Volatility: Down 99.7% from its all-time high, with a $777K market cap and -22% 24-hour price drop (June 2025).
  • Concentration risk: No holder data available, but typical meme coins face whale dominance and liquidity issues.

Conclusion

$BARSIK’s niche lies in blending pet memorialization with charity, but its survival depends on sustaining community hype in a saturated meme-coin market. Can it leverage its philanthropic angle to differentiate from speculative peers, or will it fade as sentiment shifts?

CMC AI can make mistakes. Not financial advice.
BARSIK
Hasbulla's CatBARSIK
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$0.000493

2.55% (1d)