Catizen, a Telegram-based play-to-earn game, is set to launch its CATI token on September 20, with listings on major exchanges including Binance, KuCoin, Bybit, Gate.io, and LBank. Premarket trading shows CATI prices ranging from $0.72 to $0.75 on most exchanges, with an outlier price of $1.56 on LBank, despite high liquidity.

Historical data suggests that listing prices are usually close to premarket prices, indicating a potential listing price of around $1 for CATI. However, past trends also show that tokens often lose substantial value shortly after listing, raising concerns about CATI's long-term stability. Given the current market conditions and historical precedents, a cautious approach is advisable.