I think the increase in market capacity from 5.5 billion USD to 11 billion USD is one of the factors given by Tether who was able to go up to number 3 CoinMarketCap.
So this Wildcat might be inspired by Tether as well because it's proven in COinMarketCap like that.
But this Wildcat Era hasn't been able to adapt to unstable Altcoins, so when altcoins are unstable in the pump, then please try for new things later!