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.