$CATI to Go Live for Spot Trading on ByBit on 20 September
Catizen, the Telegram-based puzzle game, has set the launch of its $CATI token to 20 September, shifting from its original July timeline.
Minted on The Open Network (TON), $CATI will also debut on Bybit for spot trading on the same day.
$CATI is coming soon to the #BybitSpot trading platform with @CatizenAI (https://t.co/rontYcizKM)
Listing time: Sep 20, 2024#TheCryptoArk #BybitListing pic.twitter.com/JUOrPsrtZ2
— Bybit (@Bybit_Official) September 5, 2024
Catizen confirmed this through its official channels, emphasizing that trading will commence only after the token generation event (TGE), distinguishing it from pre-market trading.
😺 Meow～$CATI is coming soon to the #BybitSpot trading platform! @Bybit_Official
🎉 Listing time: Sep 20, 2024
Get a head start on trading with Bybit's pre-market and seize the opportunity before everyone else.
Trade Now: https://t.co/9RT77dgIrD
Catizen's vibe: Play for… pic.twitter.com/VsCobYrxrO
— Catizen (@CatizenAI) September 5, 2024
This announcement follows the expansion of CATI pre-market trading to OKX.
😺 Catizen ($CATI) Pre-market is live on @okx !
Pre-market of the $CATI token is officially open!
🚀 Start Trading Now! - https://t.co/XrL7MQdTY1 pic.twitter.com/mFb3BRM4OL
— Catizen (@CatizenAI) September 5, 2024
The purpose of pre-market trading is to speculate on the token's future price, but it carries higher risks due to potentially incomplete disclosure of tokenomics and airdrop details.
However, Catizen teased an announcement or event of sorts on 21 September.
Count down 18 days. 😻#TON #Mantle #Catizen pic.twitter.com/91jFMwzTiw
— Catizen (@CatizenAI) September 3, 2024
Speculations arise that it might be the generation of $CATI or the associated airdrop.
$CATI Airdrop Will Be By End September
As anticipation builds for the $CATI token's launch, players eagerly await the airdrop originally scheduled for July but delayed due to planning challenges faced by Catizen's developer, Pluto Studio.
The airdrop will be by end of September, and has generated significant excitement among users, particularly those actively engaging in upgrading their virtual cats and earning vKITTY, the in-game currency.
With similar airdrops scheduled around the same time, Catizen's event is highly anticipated.
The total supply of $CATI tokens is capped at one billion, with 43% allocated for the airdrop and ecosystem development.
🚀 Big News: Airdrop Share Increased to 43%! 🚀
Thanks to the incredible community support during the Catizen Vibe - Heal the World event, an additional 1% of the strategic allocation has been redirected to players. The airdrop share is now an impressive 43%! 🐱❤️
The real… pic.twitter.com/mMICoS3QHf
— Catizen (@CatizenAI) July 15, 2024
Following the airdrop, Catizen plans to list $CATI on major cryptocurrency exchanges by late September, which is expected to boost the token's visibility and liquidity.
This strategic move aims to enhance market stability and attract a broader user base to the platform.
$CATI Token Airdrop Initially Set for July Launch but Delayed
The highly anticipated airdrop of Catizen’s $CATI token, initially set for July, was delayed, prompting widespread speculation among players and community members about the revised launch date.
My personal pain: #HamsterKombat and #Catizen both officially postponed their Airdrops 😭😭
There are no dates
All hope is in August pic.twitter.com/lXxBUcsspN
— Web3_Vibes (@W3Vibes) July 29, 2024
The Catizen team has been transparent in addressing the delay.
They emphasized their dedication to optimising the launch process, ensuring that the airdrop takes place under the most favourable conditions for success.
The team has identified several crucial factors driving the decision to delay.
Chief among these is the need to secure listings on major cryptocurrency exchanges, which are vital for providing sufficient liquidity, diverse trading options, and establishing a stable, fair price for the token.
Additionally, the team is determined to avoid the risks associated with a rushed launch, such as technical challenges or insufficient market backing.
Reassuring the community, the Catizen team has reaffirmed that the $CATI airdrop remains a top priority.
The extra time, they explain, is being used to refine these critical aspects, ensuring a stronger and more sustainable launch that will ultimately benefit all participants.