Catizen (CATI) Soars 10% Following Multiple Exchange Listings

Christian Encila

9 months ago

2 mins read

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A rapidly emerging play-to-earn game on Telegram, Catizen, made headlines as it went live with its native token, CATI. Officially launched in the market on September 20, 2024, it is now trading live on Binance, OKX, Bybit, and Bitget.

The CATI token is gaining a lot of hype among the Nigerian Web 3 community. Catizen has around 34 million-plus players and impressive revenue figures, hence its strong position in blockchain gaming.

Airdrop Success

The CATI launch is also complemented by an effective airdrop campaign with token distribution to early participants. Bybit is the first exchange to finalize the airdrop distribution that involved sending about 17.7 million CATI tokens to users.

This campaign is a component of a broader allocation of 340 million tokens, and there are plans for future airdrops to maintain user engagement. The initial trading price for CATI was $0.97, which was indicative of the robust demand from investors who were anxious to take advantage of this new opportunity.

Apart from creating buzz, the airdrop has motivated players to interact more with the Catizen platform. Activities and interactions inside the Telegram mini app—more especially, task completion and game city upgrading—allow one to earn CATI tokens.

CATIUSDT trading at $0.911 on the daily chart: TradingView.com

Increasing Attractiveness And Income

The charm of Catizen is found in its original gaming ideas and special connection with Telegram. In-game currencies like Fish and vKitty let players earn prizes in CATI token form.

Just from the in-app purchases, the game reportedly has brought in almost $26 million. With more than 36 million players recorded lately, Catizen’s expansion path seems strong.

The project also received significant support from Mantle EcoFund, which helped it grow. Catizen promises to improve user experience and engagement as it becomes a Mini-app Center that merges launchpool features. This strategy could make it a major Web 3 gaming player.

The Road Ahead

Future plans include continued airdrops and other feature integrations to increase interactions amongst users. The total supply of CATI tokens in the project is set at 1 billion, and those will be split equally between the two chains used: TON and Mantle.

As the cryptocurrency world evolves, Catizen’s approach may serve as a precedent for all the play-to-earn games in the pipeline. With this said, because of engaging gameplay, community involvement through airdrops, and strategic partnerships, the road ahead for Catizen looks bright.

With September being a crucial month for crypto events in Nigeria—highlighted by both Catizen’s launch and another significant airdrop from Hamster Kombat—the spotlight is firmly on these projects as they navigate the competitive landscape of Web 3 gaming.

Featured image from OKX, chart from TradingView

Christian Encila

They say journalists never truly clock out. But for Christian, that's not just a metaphor, it's a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn.

Christian's journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats – a testament to his dedication to his furry companions (more on that later).

Christian then roamed the world of journalism, working at newspapers in Canada and even South Korea. He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling - right up his alley!

So, he landed a killer gig at NewsBTC, where he's one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill).

Think Christian's all work and no play? Not a chance! When he's not at his computer, you'll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair.

Speaking of chill, Christian's got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin’ helps him analyze and write meticulously formatted articles even better.

Here's the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day - and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies.

Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors - and bosses - he deeply respects.

So, the next time you tread into the world of cryptocurrency, remember the man behind the words – the crypto crusader, the grease monkey, and the feline philosopher, all rolled into one.

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