Binance has announced the addition of Catizen (CATI) as the 59th project on its Launchpool, creating excitement about a potential price rally. The gaming token, based on a Telegram mini-app game, has generated buzz, with traders speculating on its price surge once it begins trading.
Catizen Joins Binance Launchpool
On September 16, 2024, Binance will open its Launchpool to support Catizen, allowing users to earn CATI tokens by staking BNB and FDUSD. This farming period will last for four days, culminating in the token’s listing on September 20, 2024. Once listed, CATI will be available for trading with USDT, BNB, FDUSD, and TRY pairs.
Catizen, a cat-themed gaming bot on Telegram, has attracted significant attention due to its unique concept. Binance’s move to include this game reflects the platform’s growing interest in supporting innovative, Telegram-based gaming projects. Earlier, Binance added Hamster Kombat (HMSTR) to its Launchpool, and Catizen’s inclusion highlights the exchange’s shift towards embracing gaming cryptos.
Will Catizen’s Price Surge After Launch?
The listing of Catizen on Binance Launchpool has fueled optimism for a potential CATI price rally. Historically, Launchpool projects have often experienced strong price surges, driven by community excitement and early access incentives.
The cat-themed nature of Catizen aligns with the growing interest in gaming-related cryptocurrencies. Binance being the first to list CATI is a significant milestone, raising expectations that the token will gain notable attention. The project’s total supply is set at 1 billion CATI, with 305 million tokens (30.5% of the total) available in circulation at launch. A portion of 90 million tokens will be distributed during the Launchpool phase, with 76.5 million CATI allocated to the BNB pool and 13.5 million to the FDUSD pool.
