Catizen Listing: CATI Token Pre-Market Price and Prediction

Bittime - $CATI is attracting attention with its quite high pre-market price increase, where it is currently trading at Rp7,700 ($0.50) on Bybit, showing a surge of 21.95%. What is the prediction of the CATI token price ahead of listing considering its pre-market condition? Check out this article.  

Bybit Information Will Do Spot Trading of CATI Token

The token is the main currency in the blockchain game Catizen, a virtual city inhabited by cat characters, where players can earn tokens through various in-game activities. The news that $ CATI will soon be listed on the Bybit Spot Trading Platform on September 20, 2024, has become a major highlight for investors and the crypto community.

CATI Token Pre-Market Trading and Price Speculation

While the price of $CATI on Bybit is IDR 7,700 ($ 0.50), on other platforms like Bitget , the price is slightly lower at around IDR 6,622 ($ 0.43) . This price difference is common in the crypto market and is caused by various factors such as market depth and token availability.

CATI Token Supply: 1 Billion

One of the main factors influencing price volatility is the supply structure of the $CATI token . Out of the total supply of 1 billion , 43% is allocated for ecosystem airdrops , which can trigger short-term fluctuations when the token starts circulating in the market. 

With only 5% of the total supply allocated for liquidity and 2% for strategic investment, initial liquidity may be limited, which could impact price stability.

CATI Market Forecast and Growth Potential

Despite the challenges in the market, some analysts remain optimistic. If Catizen games continue to gain popularity and its ecosystem develops, there is a possibility that the price of $CATI could reach IDR 30,800 ($2.00) in the medium term. 

In fact, some analysts predict that this token could soar to Rp77,000 - Rp154,000 ($5.00 - $10.00) in the long term, as the ecosystem develops.

Conclusion: Beware of the High Volatility of CATI Token

However, investors are reminded to remain cautious as high volatility is predicted to occur, especially after the token starts trading on Bybit . The price of $CATI may fluctuate, similar to other meme-based tokens such as DOGS .

As the listing of $CATI on Bybit approaches , it is an important moment for crypto players and investors to pay attention to the opportunities and risks in the market.

How to Buy Crypto with Bittime

You can buy and sell crypto assets easily and safely through Bittime. Bittime is one of the best crypto applications in Indonesia that has been officially registered with Bappebti. 

To be able to buy crypto assets on Bittime, make sure you have registered and completed your identity verification. Also, make sure you have sufficient balance by depositing some funds into your wallet. Just so you know, the minimum asset purchase on Bittime is IDR 10,000. After that, you can make crypto asset purchases in the application. 

Monitor the price chart movements of Bitcoin (BTC) , Ethereum (ETH) , Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.