$CATI OFFICIALLY TRADING NOW đ„
Following a two-month delay, Catizenâs CATI token has gone live for trading, marking a significant milestone for the Telegram-based tap-to-earn game.
As of 6 a.m. ET on Friday, 150 million CATI tokensâ15% of the total supplyâwere airdropped to users as part of the gameâs Season 1 distribution. The tokens are now available for trading on several major exchanges, including Binance, Bybit, and Bitget
The token distribution also began earlier this week, with deposits to non-custodial wallets opening on Thursday. CATI holders received their tokens based on in-game activity, with further quarterly airdrops planned as part of a larger allocation of 340 million CATI tokens.
Despite some frustration from players regarding the last-minute reduction in the promised airdrop percentage, which saw 9% of the supply diverted to the Binance Launchpool, the gameâs community remains active.
Of the remaining token supply, 57% is set aside for liquidity, treasury, team, investors, and advisors, subject to a 12-month cliff and a four-year release schedule.
Catizenâs developer, Pluto Studio, has reported significant user engagement, with over 39 million users and 18 million active monthly players. The game has generated $16 million in revenue through in-app purchases, according to Telegramâs CEO, Pavel Durov.
The launch of CATI tokens contributes to the continued expansion of the TON blockchain, which is rapidly gaining traction through popular Telegram mini-apps. Catizen is part of a growing list of tap-to-earn games that use the TON blockchain, alongside titles such as Hamster Kombat and Notcoin.
Its total value locked (TVL) has soared to $350 million, with transaction volumes increasing twelvefold over the past year, driven largely by decentralized exchange activity. With Hamster Kombatâs token expected to launch soon, the TON ecosystem shows no signs of slowing down
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