- Catizen is trending today after announcing the beginning of trading for its CATI token on major exchanges like Bybit and OKX.
- While initially planned for a July release, the token will be minted on September 20 and will be minted on the TON blockchain.
- The Open Network has become the main hub for mini-games deployed on the Telegram messenger app, with Notcoin, Hamster Kombat, and Catizen leading the tap-to-earn narrative.
Catizen, a Telegram-based puzzle game, has announced that its CATI token will officially launch on September 20.
Related: Tap-to-Earn Games on Telegram Leading to Crypto Mass Adoption, Says Former Binance Exec
Initially planned for a July release, the token will be minted on The Open Network (TON). The crypto exchange Bybit confirmed it will list CATI for spot trading on the same date.
CATI Trading Begins
Pre-market trading for CATI has already begun on exchanges like OKX, where it is trading at US$0.46 (AU$0.68).
Other exchanges, such as Bitget and Bybit, list it at higher prices of US$0.46 (AU$0.68) and US$0.53 (AU$0.78), respectively. However, pre-market trading is risky as tokenomics and airdrop allocations may not yet be fully disclosed. This implies low liquidity, high volatility, and price sensitivity to market speculation.
Unlike pre-market trading, spot trading will only begin after the token generation event (TGE).
Telegram Mini Games on the Rise
Catizen hinted at a major announcement or event on September 21, which could be tied to the airdrop claim for players.
So far, Catizen is following the footsteps of other Telegram-based games, such as Notcoin and Hamster Kombat, which also offered pre-market trading ahead of their token launches.
Talking about Notcoin, the project recently expanded its gameplay from simple tap-to-earn to a more explore-to-earn type of mechanic. This means users are rewarded for exploring decentralised applications (dApps) on the TON network through the Notcoin game.
Related: TON Blockchain Hits 1 Billion Transactions, Soars Despite Recent Outages
Catizen’s rise comes as Toncoin (TON) hit a milestone just a few days ago. As Crypto News Australia reported, the blockchain has achieved over one billion transactions, showing the network’s resilience despite recent obstacles.
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