Catizen Has Distributed Airdrop, Here Are Token Details and CATI Price Predictions
2024-09-23Bittime - Catizen (CATI) stole the show with its long-awaited airdrop distribution by the community. Since September 20, 2024, the CATI token has been officially listed on various leading crypto exchanges.
This marks a new chapter in the journey of this Telegram-based Web3 gaming project. However, of the total 1 billion CATI tokens prepared, only 300,500,000 CATI are currently circulating on the market.
So, what are the details of CATI token distribution and what is the price prediction in the future? Come on, check out the review in this article!
What is Catizen (CATI)?
Catizen, with its CATI token, is not just another crypto project. This is a Web3-based mobile game phenomenon that has stolen the hearts of millions of Telegram users.
After playing Catizen for a few months, the game has a simple but very tempting loop: produce stronger cats to earn more points (KITTY), climb the ranking ladder, and finally qualify for the coveted airdrop.
Not only that, players can also earn airdrop points through daily check-ins, purchases, activities and other on-chain interactions. There is also a premium currency called "Fishcoin" which offers some exclusive benefits.
Also read: Answers to ZenCoin Daily Combo 23 September 2024 and Tips for Winning Millions of Coins
What makes Catizen even more interesting is its incredible scale of popularity. With 8 million daily active users, more than 39 million on-chain interactions, and more than 1.1 million paying users, Catizen has generated more than $31 million (Rp. 468.1 billion) in revenue.
These numbers show that Catizen is not just an ordinary game, but a phenomenon to be reckoned with in the Web3 world.
Detail Launching Token CATI
The launch of the CATI token is the moment the Catizen community has been waiting for. Here are important details regarding this launch:
Total 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 (including Season 1 airdrop): 300,500,000 CATI
The CATI airdrop process begins on September 14, 2024. CATI holders have between September 15 to 18 to claim and withdraw/stake CATI to the exchange of their choice.
After September 19 at 10:00 UTC, users can register their deposits to on-chain non-custodial wallets. And starting September 20 at 10:00 UTC, CATI will be distributed to users' wallets.
Interesting, according to data from Catizen, more than 1 million users have staked 14.8 million CATI (or about 10% of the total CATI airdrop) on centralized exchanges. This shows the high level of community interest and trust in this project.
It is worth noting that the airdrop will be completed within 12 quarters of listing on the exchange. Starting in the second quarter, 9.9 million CATI will be distributed, and this number will increase by 10% every quarter until the seventh quarter.
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CATI Token Price Prediction
Predicting the price of crypto tokens, especially newly launched ones like CATI, is always a challenge. However, based on CCN's analysis as of September 16, 2024, here are some predictions for CATI price:
End 2024: Estimated to reach between $0.50 (Rp. 7,550) to $1 (Rp. 15,100), with an average price of $0.75 (Rp. 11,325).
End 2025: Average price is expected to reach $1.14 (Rp. 17,214).
Early 2030: Predicted maximum reaches $10 (Rp. 151,000), minimum $5 (Rp. 75,500), with an average of $7 (Rp. 105,700).
Please remember that these predictions are based on an analysis of market trends and project potential, not a guarantee of future results. Considering that CATI has just been launched and does not have a long price history, price speculation becomes more difficult and risky.
Conclusion
Catizen's launch of the CATI token marks a new chapter in the evolution of Telegram-based Web3 gaming. With a large user base and an addictive game concept, Catizen has positioned itself as one of the noteworthy projects in the crypto ecosystem.
The success of CATI's airdrop distribution and listing on various major exchanges has paved the way for Catizen to continue to grow. With plans to develop new in-game features, a future airdrop season, and ambitions to build its own gaming/media ecosystem, Catizen clearly has an exciting long-term vision to follow.
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