Analysts at X Break Down $CATI Tokenomics
2024-09-20Bittime - Crypto Analyst at X Breaks Down $CATI Tokenomics. @Mr. Satoshik a crypto observer who provides analysis of what he plans to do with the $CATI token listing and also its tokenomics. Here is the discussion.
$CATI Tokenomics: Structure with Total Supply of 1 Billion Tokens
$CATI Tokenomics — Total Supply: 1 Billion (100%):
34% — Airdrop
9% — Binance Launchpool
5% — Liquidity
15% — Treasury
20% — Tim
10% — Investor
7% — Advisor
During the Token Generation Event (TGE), 30.5% of the total $CATI supply, or 305 million tokens, will be available, with the rest locked. The distribution at TGE is as follows:
15% — Airdrop
9% — Binance Launchpool
5% — Liquidity
1,5% — Treasury
4 Uses of $CATI Token
1. In-game purchases with discounts
2. Staking $CATI on Launchpool to earn other tokens
3. Commission discounts on TradingBot
4. $CATI token holders will receive an airdrop
Catizen Team's Promise
The team is committed to using 50% of project revenues periodically to buy back and burn $CATI tokens, with the goal of reducing the total supply by 50%.
Pre-Market View on $0.75 per Token Price:
Total capitalization: $0.75 billion
Capitalization at TGE: $0.23 billion
3 Satoshik Scenario Considerations
1. Ideal Case: Capitalization of $0.8 billion with a token price of $2.62.
2. Moderate Case: Capitalization of $0.5 billion with a token price of $1.64.
3. Worst Case: Capitalization of $0.2 billion with a token price of $0.66.
$CATI Token Price Prediction around $2.62 - $3.28
The Catizen team has the potential to reach a capitalization of $0.8–1 billion at TGE, which would result in a token price ranging from $2.62 to $3.28. Here’s why:
1. Only 30.5% of tokens will be unlocked at TGE, with the rest remaining locked.
2. Approximately 1.5%, or 15 million $CATI tokens, have been sent for staking, meaning they will be locked on the TGE day.
2 Key Points
Team members, investors, and advisors will not begin receiving their tokens until 12 months after the TGE, giving the Catizen team ample time to manage the dynamics of the $CATI token supply.
1. Treasury tokens give the team flexibility to manage token supply during TGE, such as selling treasury tokens if demand is high or holding if sell demand is high.
2. The team can manipulate the price during TGE to obtain $CATI tokens at a low price, depending on market conditions.
Conclusion
It is hoped that the Catizen team will create favorable conditions for the $CATI price during the TGE, considering that negative sentiment around the project is quite high.
What do you think? If the price of $CATI token reaches $1, will you sell or hold?
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