Binance Launches Catizen (CATI) Token, Price Spikes 1,400% on Debut
YEREVAN (CoinChapter.com)—The Catizen (CATI) token made a strong entrance into the market, surging 1,400% from its listing price of $0.08 to reach $1.2 before paring some of its gains. Binance, one of the largest crypto exchanges, listed the TON-based token, sparking a wave of interest among investors.
Catizen Coin (CATI) Goes Live on Binance
The Catizen coin (CATI) began trading on Binance on September 20. The exchange announced the CATI listing, allowing users to access the token through various services. Binance included CATI in its Simple Earn, Convert, Margin, and Auto-Invest products.
CATI Token Listing on Binance. Source: Binance Announcement
According to Binance’s official statement, users can invest in CATI using Simple Earn and flexible products from 10 UTC today. From September 23, investors can also buy the token via Auto-Invest, providing more avenues for engagement.
The availability of Catizen tokens across Binance’s platform has generated strong interest from the crypto community.
Binance Expands Support for Catizen (CATI) Token
In addition to trading, Binance has expanded support for the Catizen listing. Users can purchase the token with Visa, Mastercard, Google Pay, and Apple Pay, offering flexibility for a global audience. Moreover, the CATI token can be sold using wallet balances on the exchange’s ‘buy crypto’ page.
Binance also introduced the CATI/USDT and CATI/FDUSD pairs for Cross and Isolated Margin trading. These pairs became available at 12 UTC today, allowing traders to explore margin trading opportunities. Additionally, Binance users can trade Catizen tokens against BTC and other tokens using Convert with zero fees.
CATI/USDT Price Surge on Binance. Source: Binance Trading Platform
The listing on Binance marks a significant milestone for the Catizen coin. It enables access through multiple products and services, increasing its visibility in the market.
Catizen (CATI) Token Price Jumps 34% After Binance Listing
Following the Catizen listing on Binance, the token’s price surged nearly 34%. The CATI token climbed from an intraday low of $0.6989 to a peak of $0.9353. The highest point so far has been $0.9913, reflecting strong initial demand for the token.
The price action is consistent with previous listings on major exchanges, where tokens often experience significant price movements after being listed.
Other coins, like Kadena (KDA), saw similar increases after being listed on Binance. The current market activity around the CATI coin mirrors this trend. Additionally, analysis suggests that the Catizen token may reach $1, though the token’s airdrop controversy remains a point of discussion.
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