🌎 Catizen Token Surges 157% After Bitget Pre-Market Listing

The Catizen token price saw an uptick in a low-volume trading environment following its listing in the pre-market section of Bitget. The Catizen (CATI) price surged to $0.77, significantly higher than its initial listing price of $0.30. Since its launch, the total trading volume has exceeded $170,000.

Catizen Token Price Trends Upward

Bitget’s pre-market listing is an innovative feature that allows users to purchase tokens before their official launch via airdrop. Catizen has quickly become a major player in the Telegram gaming industry, boasting over 26 million active users globally and 1.7 million daily active users. The platform has processed over 20 million on-chain transactions.

Catizen is a mini-app that integrates gaming, artificial intelligence, and the metaverse. Users can interact with it directly on Telegram, a rapidly growing social media platform with over 900 million users worldwide. This ease of use sets Catizen apart from traditional gaming platforms like Axie Infinity, Decentraland, and Gala Games, which often require downloads and lengthy registrations.

Users of Catizen can accumulate CATI tokens by playing games and completing simple tasks such as following the platform’s social media accounts, checking in daily, and inviting friends. According to its founder, the app has generated $16 million from in-app purchases. Users can buy stars to increase their winning chances, which has fueled its rapid growth and attracted investment from Binance Labs.

Growth of Telegram Gaming Apps

Catizen is part of a broader trend of booming Telegram gaming apps. Other popular games in the ecosystem include Gamee with 9.5 million users, Cat Gold Miner with 6.3 million users, The Pixels with 5.2 million users, BIRD with 2.2 million users, and Truecoin with 1.6 million users.

Telegram also hosts over 70 tap-to-earn platforms such as Hamster Kombat, TapSwap, Notcoin, PixelTap by PixelVerse, and Blum. Hamster Kombat has amassed over 240 million users in less than two months, and its YouTube channel has gained over 34 million subscribers.

Notcoin and PixelVerse are notable platforms that have launched their airdrops. Notcoin has a market cap exceeding $1.5 billion, while Pixelverse (PIXFI) is valued at $175 million. Given these metrics and Catizen’s 24 million users and revenue generation, there’s a strong possibility that Catizen could achieve a market cap of over $1 billion. Other play-to-earn cryptocurrencies like Decentraland, Sandbox, and Axie Infinity are valued at over $700 million, despite their slowing user growth.