Binance Unveils Catizen as 59th Launchpool Project

Binance Unveils Catizen as 59th Launchpool Project
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Binance Launchpool Welcomes Catizen: What to Know About the CATI Token

Leading cryptocurrency exchange Binance has announced its support for Catizen, marking it as the 59th project on Launchpool. From September 16 to September 20, 2024, users can earn CATI tokens through airdrops by locking BNB and FDUSD. Upon completion of this period, Binance will list the CATI token along with its trading pairs including USDT, BNB, FDUSD, and TRY.

Anticipated Price Surge for CATI

The unique nature of Catizen has generated significant buzz within the crypto community. Such listings typically result in a positive market outlook for the involved projects. As a result, the CATI token is expected to experience heightened interest and potential price surges during its initial trading phase. Early access incentives and community excitement are likely to drive this rally.

Catizen’s Notable Achievements

Since its launch, Catizen has made impressive strides in the Web3 space:

  • 1 Million Paying Users: Catizen has become the first Web3 application to surpass this milestone.
  • Average Revenue Per Paying User (ARPPU): The game boasts an ARPPU of $27.
  • Active User Base: Catizen currently engages 34 million active users.

Additionally, OKX has announced plans to list CATI for trading on September 20 at 10:00 AM (UTC). The token will be available for trading against USDT on OKX’s spot market, alongside leading cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH). Other exchanges like Bitget and Bybit have also confirmed support for CATI trading.

Binance’s Support for the TON Ecosystem

The Open Network (TON) ecosystem continues to gain traction and attract crypto enthusiasts. Binance has shown a strong commitment to supporting innovative Telegram-based projects. For example, Hamster Kombat was the 58th project featured on Binance Launchpool, underscoring the exchange’s dedication to fostering new developments.

In April, Binance Labs, having gained independence from the exchange, was recognized as the venture capital firm with the highest number of Launchpool projects among leading investment firms. In less than three years, Binance has supported 58 crypto projects, further highlighting its role in nurturing emerging technologies.