{"id":578622,"date":"2024-09-20T15:53:49","date_gmt":"2024-09-20T15:53:49","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=578622"},"modified":"2024-09-20T15:53:49","modified_gmt":"2024-09-20T15:53:49","slug":"telegram-game-catizen-cati-surges-22-after-launch-on-binance","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/telegram-game-catizen-cati-surges-22-after-launch-on-binance","title":{"rendered":"Telegram Game Catizen (CATI) Surges 22% After Launch On Binance"},"content":{"rendered":"<p>Telegram-based tap-to-earn game Catizen <a href=\"https:\/\/coinmarketcap.com\/currencies\/catizen\/\">surged<\/a>&nbsp;after launching on multiple centralized exchanges today, including Binance, Bybit, and Bitget.<\/p>\n<p>The launch came a<span style=\"font-weight: 400;\">fter 150 million tokens were airdropped to users as part of the game&rsquo;s Season 1 token distribution. <\/span><span style=\"font-weight: 400;\">The CATI price surged 22% to trade at $1.03 as of 11.34 a.m. EST with a market capitalization of $309 million.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Trading for The Open Network-based CATI went live at 6:00 a.m. EST today.<\/span><\/p>\n<p><img decoding=\"async\" src=\"https:\/\/cloudfront-us-east-1.images.arcpublishing.com\/coindesk\/QDSCNGPH2VCHVOHW25MQ4YVE4M.jpg\" alt=\"Catizen's Tim Wong: 'We Are Here to Build a Business Ecosystem'\"><\/p>\n<h2><span style=\"font-weight: 400;\">Some Users Upset With Reduced Airdrop Allocation<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">CATI&rsquo;s Season 1 airdrop is 15% of CATI&rsquo;s 1 billion supply, and is part of the 340 million tokens that have been set aside for distribution to eligible players. The remaining 190 million tokens are scheduled to be airdropped on a quarterly basis, according to the project&rsquo;s team.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">&#129666;Hey, Catizens!<\/p>\n<p>Deposit Registration of &#129689; CATI to the on-chain non-custodial wallet is expected to be Open on Sep.19 10AM UTC. <br>After deposit registration, CATI will be distributed to your wallet after Sep.20 10AM UTC.<\/p>\n<p>Please carefully check the wallet address and memo (if&hellip; <a href=\"https:\/\/t.co\/eqzsytbmnq\">pic.twitter.com\/eqzsytbmnq<\/a><\/p>\n<p>&mdash; Catizen (@CatizenAI) <a href=\"https:\/\/twitter.com\/CatizenAI\/status\/1836456043397943543?ref_src=twsrc%5Etfw\">September 18, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span style=\"font-weight: 400;\">Some Catizen players were upset with their token allocations during the airdrop, since the team had initially allocated a larger percentage of the total supply. However, the team decided to reduce the number of tokens shortly before the distribution event and instead opted to divert 9% of the original amount to Binance Launchpool.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The team was also criticized for how some players&rsquo; eligibility weightings were calculated.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Catizen Outperforms Other TON Ecosystem Tokens After Binance Listing<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Binance <a href=\"https:\/\/www.binance.com\/en\/support\/announcement\/binance-will-add-catizen-cati-on-earn-buy-crypto-convert-margin-5e1c8e274e92474b9110518b94df49ac\">announced<\/a>&nbsp;that it will activate simple earn, buy crypto, convert and margin trading products for CATI today, <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Traders can also trade CATI against BTC, USDT and any other crypto tokens listed on Binance Convert at &ldquo;zero fees.&rdquo; From Sept. 23, users will&nbsp; be able to purchase CATI on Binance using any of the options supported by the platform&rsquo;s auto-invest feature, according to the announcement.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">CATI outperformed other tokens within the TON ecosystem today. Toncoin itself dropped more than 1%, while <\/span><a href=\"https:\/\/insidebitcoins.com\/news\/5-best-altcoins-to-watch-today-september-14-bittensor-thorchain-notcoin-telcoin\"><span style=\"font-weight: 400;\">Notcoin<\/span><\/a><span style=\"font-weight: 400;\"> registered a minor uptick over the same period. Players participate with the aim of earning tokens tied to these games on the TON blockchain.<\/span><\/p>\n<p>Telegram has grown its presence in the crypto space in recent months, attracting millions of gamers who use the app to play tap-to-earn games such as Catizen, <a href=\"https:\/\/insidebitcoins.com\/news\/telegram-clicker-game-hamster-kombat-scores-a-binance-listing-for-its-upcoming-hmstr-token\">Hamster Kombat<\/a>, and Notcoin.<\/p>\n<h3><span style=\"font-weight: 400;\">Related Articles:<\/span><\/h3>\n<ul>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/www.linkedin.com\/pulse\/upcoming-crypto-presales-unlock-early-investment-calsona-plu5e\/\"><span style=\"font-weight: 400;\">Upcoming Crypto Presales: Unlock Early Investment Opportunities!<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/insidebitcoins.com\/news\/web3s-first-meme-coin-casino-memebet-token-blasts-past-250k-in-launch-week-as-whales-pile-in\"><span style=\"font-weight: 400;\">Web3&rsquo;s First Meme Coin Casino Memebet Token Blasts Past $250K In Launch Week As Whales Pile In<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/insidebitcoins.com\/news\/sun-token-price-prediction-sun-pumps-6-as-this-meme-coin-casino-roars-past-250k-raised\"><span style=\"font-weight: 400;\">Sun Token Price Prediction: SUN Pumps 6% As This Meme Coin Casino Roars Past $250k Raised<\/span><\/a><\/li>\n<\/ul>\n                                        <div class=\"inContentProviderSingle inContentColor--insidebitcoins fc-row\">\n                        <div class=\"inContentProviderSingle--wrapper\">\n                            <div class=\"container\">\n                                <div class=\"row mb-lg-3\">\n                                    <div class=\"col-12 col-md-8\">\n                                        <p class=\"inContentProviderSingle--title\">Most Searched Crypto Launch - Pepe Unchained<\/p>\n                                    <\/div>\n                                    <div class=\"col-12 col-md-4\">\n                                        <div class=\"inContentProviderSingle--rating\">\n                                            <div class=\"rating--holder\">\n                                                <p class=\"rating--text\">Rating<\/p>\n                                                <div class=\"rating--star-container\">\n                                                    <div class=\"rating--star\" style=\"width: 100%;\"><\/div>\n                                                <\/div>\n                                            <\/div>\n                                        <\/div>\n                                    <\/div><!--\/.col-md-4-->\n                                <\/div><!--\/.row-->\n                                <div class=\"row\">\n                                    <!-- *******  Desktop Provider Logo ********** -->\n                                    <div class=\"col-12 col-md-12 text-center d-block d-sm-block d-md-none d-lg-none\">\n                                        <img decoding=\"async\" class=\"inContentProviderSingle--img mb-3\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/08\/pepu.svg\" alt=\"Pepe Unchained\" width=\"125\" height=\"60\">\n                                    <\/div>\n\n                                    <div class=\"col-12 col-md-8\">\n                                                                                    <ul class=\"inContentProviderSingle--list\">\n                                                                                                    <li>Layer 2 Meme Coin Ecosystem<\/li>\n                                                                                                    <li>Featured in Cointelegraph<\/li>\n                                                                                                    <li>SolidProof &amp; 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The launch came after 150 million tokens were airdropped <a class=\"read-more-link\" href=\"https:\/\/insidebitcoins.com\/in-content-providers\/a-default-box\" title=\"A Default Box\">[&#8230;]<\/a><\/div>","protected":false},"author":1954,"featured_media":578623,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"_lmt_disableupdate":"no","_lmt_disable":"","footnotes":""},"categories":[7596],"tags":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.0 (Yoast SEO v22.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Telegram Game Catizen (CATI) Surges 22% After Launch On Binance - InsideBitcoins.com<\/title>\n<meta name=\"description\" content=\"Telegram-based tap-to-earn game Catizen surged\u00a0after launching on multiple centralized exchanges today, including Binance, Bybit, and Bitget. 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