Catizen Coin Price Prediction: Is $CATI Set for a Major Breakout?
CATI tokens, built on the TON blockchain, began trading on September 19, sparking a surge in activity for the Telegram-based tap-to-earn game, Catizen. The listing on major centralized exchanges such as Binance has further fueled interest.A total of 340 million CATI tokens have been allocated for airdrops, with quarterly distributions planned to maintain momentum.
During Season 1, 150 million tokens were airdropped, accounting for 15% of CATI's total supply of 1 billion. The remaining 190 million tokens will be distributed in upcoming quarters.Currently, CATI is trading near $0.93, with a market cap of $288 million. After the initial price surge, CATI has entered a consolidation phase.
On the 15-minute chart, CATI is moving within an Ascending Channel Pattern. A breakout above the upper channel could push the price to $1.20, with the potential to rise further to $1.50. However, if it fails to break the upper channel and drops below the lower channel, CATI could test support levels around $0.80 or even $0.50.
â€ïžLIKE đ«FOLLOW đłREQUOTE OR RESHARE
âšïž COMMENT
đ«Remember: A lot of Hardwork goes into for providing you Best Investment Articles.Your Generous Tips would Empower our Mission and help us to work even Harder for you to give Best Investment Advice.
