Token

Pluto

Arthur

Catizen

<ul class="wp-block-list"> 
 <li>Trading begins with optimism following Catizen’s successful CATI token airdrop.</li> 
 <li>Binance support boosts investor confidence in CATI token’s market potential.</li> 
</ul> 
The trading of telegram tap-to-earn game Catizen’s token has gone live on Friday, with 150 million tokens, representing 15% of the total 1 billion supply, airdropped to users as part of its Season 1 distribution. This launch followed a two-month delay from its initially scheduled date. 
The airdrop process began on September 14, revealing allocations to players. However, some users expressed dissatisfaction regarding their token allocations, as a larger percentage was initially planned but later reduced to divert 9% to the Binance Launchpool. 
Meanwhile, CATI tokens are available on multiple centralized exchanges, including <a href="https://thenewscrypto.com/binance-ceo-pledges-to-secure-release-of-tigran-gambaryan/">Binance</a>, Bybit, and Bitget, with deposit registrations for non-custodial wallets starting Thursday. The distribution of tokens to eligible participants was executed at 6 a.m. ET on the launch day, based on their game activity, according to the development team at Pluto Studio. 
From the total CATI supply, 5% is earmarked for liquidity, 15% for the treasury, 20% for the team, 10% for investors, and 7% for advisors. It all subject to a 12-month cliff and 48-month linear release schedule. 
<h3 class="wp-block-heading" id="h-cati-price-surge">CATI Price Surge&nbsp;</h3> 
Catizen claims over 39 million total users and 18 million monthly users, generating more than $16 million in revenue from in-app purchases as of July, according to <a href="https://thenewscrypto.com/telegram-alters-content-moderation-policies-faq-post-ceo-arrest/">Telegram</a> CEO Pavel <a href="https://x.com/durov">Durov.</a> 
The launch has sparked optimism among investors, particularly after Binance announced support for CATI through various features. It including simple earn and margin trading. Following this announcement, CATI’s <a href="https://coinmarketcap.com/currencies/catizen/">price</a> surged approximately 34%, reaching $0.9353 at press time. It reflects broader trends observed with recent token listings. This initial trading activity suggests a promising future for the Catizen project. 
Highlighted News Of The Day 
<a href="https://thenewscrypto.com/arthur-hayes-moves-1-26m-in-pendle-as-token-hits-8-day-high/">Arthur Hayes Moves $1.26M in PENDLE as Token Hits 8-Day High</a>

What Does the Launch of CATI Token Mean for Investors?

Table of Contents

TheNewsCrypto

Other articles published on Sep 20, 2024

Strategic investment: VCs are missing out on Africa’s blockchain boom | Opinion

Coinpedia Fintech News

India Becomes 2nd Largest Virtual Asset Market by Volume

42 Altcoins Outperform Bitcoin in 2024, Lookonchain Reports

Musk’s Pet Pepe Solana Memecoin to Rally 13,000% Ahead of Exchange Listings, As Shiba Inu and DOG...

Daddy Powell (DADDPOWE) Memecoin Will Explode 14,000% Before Exchange Listings, While Shiba Inu a...

Join our free newsletter for daily crypto updates!