Cardano's Catalyst Fund Launches as AlphaPepe Presale Gains Meme Coin Whale Interest
Cardano's Project Catalyst has launched a new pilot fund of 2.5 million ADA to support teams building real products around stablecoins, oracles, programmable tokens, and on-chain identity.
The fund aims to encourage measurable adoption and network usage, with selected teams receiving between 50,000 and 200,000 ADA in funding tied partly to deployment and actual on-chain usage.
Meanwhile, the presale of AlphaPepe (ALPE) is gaining attention from larger wallets with exposure to established meme coins like SHIB and BONK.