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![Web3Insect Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1792837674442571776.png) The Hood Man [@Web3Insect](/creator/twitter/Web3Insect) on x 3825 followers
Created: 2025-07-03 10:22:40 UTC

What’s Happening with $OPCAT? Should you panic on the price drop?

Let's understand 👇

The CAT team is upgrading their CAT20 (fungible tokens, like regular coins) and CAT721 (NFTs) smart contracts from V1 to V2. This means:

A new, improved version of the tokens will be released.

You’ll be able to swap your old CAT tokens (V1) for new ones (V2) 1:1 (no loss in value).

The upgrade is meant to make the tokens more secure, compatible, and scalable for future growth.

Key Benefits of the Upgrade (Why It’s Good)

✅ Better Security – The new contracts will be audited, reducing risks of hacks or exploits.

✅ More Compatibility – Works smoothly with more wallets, exchanges, and DeFi apps.

✅ Future-Proofing – Prepares CAT tokens for new features and utilities in the ecosystem.

What Do You Need to Do?
Nothing right now – The team will announce when the swap website is live.

Only use official links (watch out for scams!).

Is the CAT20 Upgrade Good?

Yes! Upgrades like this usually mean:

The project is improving its technology.
More exchanges & apps will support CAT tokens.

Reduced risks due to better security.

@ProtocolCAT


XXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1940717824076378618/c:line.svg)

**Related Topics**
[opcat](/topic/opcat)
[v1](/topic/v1)
[nfts](/topic/nfts)
[coins](/topic/coins)
[$opcat](/topic/$opcat)
[hood](/topic/hood)
[$xwp](/topic/$xwp)

[Post Link](https://x.com/Web3Insect/status/1940717824076378618)