Latest Listing Catizen Coin (CATI) Info, Here's the Release

Bittime - The Telegram game has been shocked again by the latest news regarding the listing of Catizen tokens (CATI) on the well-known crypto exchange, Bitget.

This tap-to-earn game built on the Telegram platform has succeeded in attracting the interest of more than 2 million players and is now ready to enter a new chapter with its presence in a wider market.

What is Catizen?

Catizen is a mini game in one of the biggest communication platform game applications, namely Telegram.

In this game, players can build their own virtual cat city and earn rewards in the form of CATI tokens by completing various tasks and activities. This unique and interesting game concept is the main attraction for players.

Read Also: Catizen Will List CATI Token September 20

Catizen Coin Listing on Bitget

The listing of CATI on Bitget on September 20 is expected to increase the liquidity and visibility of this token in the crypto market.

With CATI entering larger exchanges, this token has the potential to attract wider investor interest, both from retail and institutional circles.

However, this recording also raises several challenges. One of them is the significant price differences between various trading platforms.

This is caused by several factors, such as a large airdrop allocation and relatively low trading volume.

Read Also: Catizen Listing: CATI Token Pre-Market Price and Predictions

In-Depth Analysis: Catizen Airdrop Allocation and Price Fluctuations

The Catizen development team has allocated approximately 43% of the total token supply for the airdrop to the community.

Although this step aims to encourage community growth, on the other hand it can also cause considerable selling pressure in the early days of trading.

This is because many players will immediately sell their airdrop tokens to realize profits.

Quoted from Coinspeaker, the pre-market trading price of CATI coin on Bitget is currently recorded at $0.43.

CATI Coin Price Fluctuations

In addition, the relatively small liquidity allocation, namely only 5% of total supply, can also exacerbate CATI price volatility. With limited liquidity, token prices can be easily manipulated by certain parties.

Support from Binance Labs

Despite facing several challenges, Catizen has managed to attract attention from big players in the crypto industry.

One of them is Binance Labs, the venture arm of the world's largest crypto exchange, Binance. This strategic investment from Binance Labs is expected to accelerate Catizen's growth and expand the Telegram-based gaming ecosystem.

Future Prospects

Catizen has great potential to become one of the major players in the tap-to-earn games market. 

However, Catizen's long-term success depends heavily on several factors, such as the development team's ability to continue to innovate and maintain player interest as well as the project's ability to overcome existing challenges, such as price volatility and increasingly fierce competition.

Conclusion

Listing Catizen on Bitget is an important step for this project. However, investors need to be careful and carry out in-depth analysis before deciding to invest in this token.

Additionally, revisit articles on other Bittime blogs to get additional information about Telegram games.

How to Buy Crypto di Bittime

You can buy and sell crypto assets in an easy and safe way via Bittime. Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti. 

To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. 

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