I don't see how this could have been avoided. Hindsight is a wonderful thing, but the coin was suffering a slow death due to a ridiculous difficulty wall that we would have never climbed had the fork not taken place. The coin was already at 0.0005 just before the fork. Now it's at 0.00033. It was bound to drop due to the next dump.

Hashrate has barely taken a dip. It's still almost double what it was before the fork, and difficulty change from 62 to 37 in 3 blocks, so not sure what will happen. This coin still has a small supply, and it's still being mined and talked about.

I'm buying back in at 0.0002. I haven't lost a great deal. About 0.2 BTC, but if I sold when it was at its peak I'd have about 1.5 BTC right now instead of 0.4. It's always a gamble. I'm not ready to write the coin off yet, so I'm keeping a very close eye on it. There is still support behind the coin, but I'm not sure how the new difficulty adjustment is going to affect things long term.

The news just broke today that the coingen site that allows you to make altcoins easily was made by a bitcoin developer. It appears to be a deliberate attempt to kill the market. We are being bombarded with altcoins on a daily basis. It's becoming an utter circus. Only a few altcoins are going to survive through it, I think. I would like to see Catcoin develop a community and ride through the storm. I think the survivors are the ones that will do well. Catcoin's in a harsh environment indeed.