too much hype for an artificial increase in value, this will only make the price fall harder. cat prices have no reason to be this high again, network hash is still almost nonexistant, no coverage, no merchant, it's just a manipulation done by either the dev team or big holders (*cough* LeoC), still very glad to see cat's still kicking.
It is still a really small coin, has not even hit 1 million market cap yet. It does not take much to push a coin to 1 million.
People won't start adding merchant support till it gets around 8 mill + some good news coverage. Catcoin has a lot of growth left.