$KAT is a memetic cryptocurrency blending memes with dividends, rewarding holders with Bitcoin monthly. It's building a vibrant community around laughter and earnings, aiming to be more than just a coin. Katcoin is also described as a MemeFi privacy and anonymous protocol, a 'sneaky ninja' on the blockchain. The project aims for a 100x return and will have a dApp available after launch. It's part of the growing trend of memecoin projects with added utility.