I disagree. I think it's because of supply and demand and perception.
There are fewer Catcoins on the market and currently a strong demand thanks to Catcoins riding the hype wave of Dogecoin. The perception is that they are valuable since there are less of them.
And maybe thats what the dev had in mind when he created the coin. Create fewer coins, ride the doge wave, then pump 'n dump. Still a scam.
~meow~