$CATI is the native utility and governance token of Catizen, a cat-themed gaming platform built on Telegram. It powers in-game transactions, staking, and governance, allowing users to participate in the ecosystem, purchase items, and vote on future projects.
CATI Token Supply Details:
Total Token Supply: 1,000,000,000 CATI
Circulating Supply on Listing: 305,000,000 CATI (30.5% of total supply)
Project Metrics & Highlights (as of September 2024):
In-Game Revenue: >$26 million USD
User Base: >37 million total players
Paying Users: >1.2 million (unprecedented for Web3 games)
On-Chain Active Users: >2.9 million
Telegram Premium Users: >2.3 million
Market Cap Estimation & Analysis:
Given the metrics and the strong ecosystem of players and paying users, we estimate:
Estimated Market Cap Range: $500 million to $1 billion due to high engagement and monetization metrics.
Listing Price Analysis (as of today):
Pre-market Price: $0.078
Post-Listing Price Estimate: Based on a market cap between $500 million to $1 billion and a circulating supply of 305 million CATI, we expect the price to range between $1.63 to $3.27.
Price Calculation:
For a market cap of $500 million:
Price= $500,000,000 / 305,000,000≈1.63 USDFor a market cap of $1 billion:
Price=$1,000,000,000/305,000,000≈3.27 USD
Conclusion:
The CATI token could perform strongly with an estimated listing price between $1.63 to $3.27, depending on market demand and ecosystem activity, leveraging the large user base and high in-game revenue.
