Catizen (CATI) Token Launch: Where to Trade and What to Expect?

• CATI is officially listed on every major exchange.
• The Catizen Season 1 airdrop has distributed 150,000,0000 CATI tokens to players.
• CATI saw $1.14 billion in volumes within its first 24 hours of trading.

The Catizen token (CATI) has officially been listed on all major crypto exchanges as of Sept. 20. However, only a total of 305,000,000 CATI tokens are currently in circulation.

Here’s a full list of all the exchanges that have listed CATI, the CATI airdrop schedule, and other details on the Catizen project.

What Is Catizen?

Catizen (CATI) is a tap-to-airdrop and one of Telegram’s Web3 gaming superstars. It’s a simple idle clicker mobile game where players level up their virtual cats to produce in-game currencies.

After playing Catizen for a couple of months, CCN discovered the game’s simple yet addictive loop: producing more powerful cats to gain even more points (KITTY) to climb the leaderboards and qualify for the airdrop.

Airdrop points were also gained through daily check-ins, purchases, activities, and other on-chain interactions. Players can also earn a premium currency called “Fishcoin,” which offers a few perks.

Users can boost their scores with the “Fishing” minigame, where they spend “Fishcoin,” a premium currency, to get more virtual currencies. These can also be used to buy other in-game boosters. Players can use real money to purchase more Fishcoin and essentially get ahead of the competition.

Catizen has 8 million daily active users, over 39 million on-chain interactions, over 1.1 million paying users, and generated over $31 million in revenue. The game is ambitious to build upon its success with more in-game features, future airdrop seasons, and even its gaming/media ecosystem.

CATI Token Launch Details

Here’s a quick rundown of the launch details.

• Token Supply: 1,000,000,000 CATI
• Airdrop Allocation: 340,000,000 CATI (34%)
• Season 1 Airdrop Distribution: 150,000,000 CATI (15%)
• Binance Launchpool Allocation: 9,000,000 CATI (9%)
• Circulating Supply After Listing (inc. S1 airdrop): 305,000,000 CATI

CATI Price Prediction

On Sept. 16, 2024, CCN analysts predicted that the CATI price could reach between $0.50 and $1 by the end of 2024, with the average price set at $0.75. As of Sept. 26, the token is trading at $0.73.

By the end of 2025, this price could increase to an average of $1.14.

Price Predictions You May Like:
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According to the analysis, the CATI token could reach a maximum level of $10 at the beginning of 2030. However, it could also go as low as $5. The average predicted price for CATI in 2030 is $7.

As analysis is based on pricing history and there currently is none for CATI, speculating on price is tough. A sell-off may be likely as holders look to capitalize on profits.

Catizen (CATI) Airdrop

The CATI airdrop commenced on Sept. 14. CATI holders had between Sept. 15 and Sept. 18 to claim and withdraw/stake CATI to their chosen exchange.

After Sept. 19 at approximately 10:00 UTC, users can register their deposits  to the on-chain non-custodial wallet. After Sept. 20, 10:00 UTC, the CATI will be distributed to user wallets.

Season 1 of the airdrop saw 150 million CATI distributed to players. According to Catizen, over 1 million users  staked 14.8 million (or roughly 10% of the CATI airdrop) on centralized exchanges.

The airdrop will be completed over 12 quarters following the exchange listings. Beginning in the second quarter, 9.9 million CATI will be distributed. This figure will increase by 10% every quarter until the 7th quarter.

Telegram Airdrops

The CATI airdrop and token listing coincides with another Telegram Web3 gaming superstar, Hamster Kombat (HMSTR), which will begin its long-awaited HMSTR airdrop on Sept. 26.

With 60 billion HMSTR tokens set to be distributed to tens of millions of players, players are waiting to see if this airdrop can go off without a hitch. The CATI airdrop received backlash after the Catizen team changed the airdrop allocation percentage just moments before the airdrop itself.

Players were peeved to find that the Binance Launchpool would take up 9% of the promised 43% airdrop allocation. It was also revealed that around half of that 34% would be used for the Season 1 airdrop, and the remaining would be then distributed across future airdrop campaigns.

The Hamster Kombat airdrop may be following suit, with a recent adjustment of its airdrop token release schedule and an “anti-cheat” campaign leaving players confused and concerned.

Telegram airdrops are the hottest ticket in crypto at the moment, and there’s a risk that further failures on the part of these games and their airdrop promises could leave players sour and threaten the tap-to-earn model’s longevity.

About the Author

Eddie Mitchell

Eddie has been writing news and content primarily for crypto news and industry players over the past seven years. With an eye for the bigger picture, Eddie prefers to investigate the broader implications of a story, as well as explore the weird and wonderful world of crypto. He believes blockchain has already changed the world, but observes the space overall with a skeptical and adoring eye.

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