Binance Adds Catizen As 59th Project On Launchpool, CATI Price Rally Ahead?

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As a seasoned researcher with a knack for identifying promising projects in the cryptosphere, I find the Binance Launchpool’s decision to add Catizen intriguing. My personal experience has taught me that such announcements often set off a wave of market interest, particularly when it comes to innovative gaming projects like Catizen.

Binance Launchpool has shown support for the game Catizen, which is based on the messaging app Telegram. This makes CATI the 59th project they’re working with. The news has generated excitement in the market, particularly since there’s a lot of buzz about a cat-themed gaming bot on Telegram right now. Also, people are discussing how this announcement might affect the price of CATI when it starts being traded.

Binance Launchpool Announces To Add Catizen

Binance has included Catizen in its Launchpool, allowing users to receive CATI tokens through airdrops by saving BNB and FDUSD. As per the latest announcement, the farming period for this cryptocurrency starts on September 16, 2024, and will continue for four consecutive days.

As a researcher, I am excited to share that by September 20, 2024, the anticipated exchange listing will include CATI. Trading pairs for CATI will be available with USDT, BNB, FDUSD, and TRY. This project has garnered considerable attention, largely due to its distinct cat-themed gaming bot that runs on the Telegram mini-app platform.

Furthermore, this progress signals Binance’s increasing enthusiasm for fostering games built on Telegram, as evidenced by its recent inclusion of Hamster Kombat (HMSTR) as the 58th project on Launchpool. This trend also underscores Binance’s strategic move towards nurturing cutting-edge gaming initiatives, a shift that is expected to boost CATI’s market standing favorably.

Will It Spark CATI Price Rally?

The news that Catizen is joining Binance Launchpool has ignited enthusiasm among traders, as they anticipate a possible increase in CATI’s price. Previously, tokens introduced through Launchpool have frequently seen increased attention and initial price spikes due to early access incentives and widespread community excitement.

Moreover, the feline-inspired nature of this cryptocurrency, along with its presence on Telegram, mirrors a rising trend and market fascination with gaming cryptos. Furthermore, the inclusion of CATI in one of the leading crypto exchanges has ignited anticipation that this crypto will receive considerable interest.

In the interim, it’s worth noting that the crypto exchange is set to be the pioneer in listing the CATI token. They have urged users to be vigilant against misleading claims about the token’s availability prior to the official trading commencement date. Significantly, the announcement revealed that the token will initially launch with a total supply of 1 billion tokens, with an initial circulating supply of approximately 305 million CATI, which represents around 30.5% of the total.

During the Launchpool stage, users have an opportunity to claim a share of the 90 million tokens as rewards when they engage in specified pools. Specifically, approximately 76.5 million CATI tokens will be assigned to the BNB pool, and around 13.5 million tokens will be distributed to the FDUSD pool.

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2024-09-13 17:38