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Catizen (CATI) Futures to Launch on Coinbase Exchange

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Coinbase, the largest US-based crypto trading platform, announced plans to list Catizen (CATI) on futures market.

Last week, Telegram-linked coin was listed on Binance, OKX, and other major trading platforms.

Coinbase To List Catizen Token For Futures Trading

Coinbase has announced the addition of Catizen (CATI) perpetual futures to its International Exchange and Advanced platforms starting September 26 at 9:30 a.m. UTC. This move offers traders a new asset to explore, as they can now engage in advanced trading strategies centered around CATI price movements.

Catizen perpetual futures are a derivative contract that allows traders to speculate on the price fluctuations of CATI without the pressure of an expiration date. This feature enables users to hold their positions for as long as they deem necessary, offering more flexibility and control over their trades.

This development coincides with a surge in interest surrounding CATI, which was launched just days ago. Catizen, a Telegram-linked tap-to-earn game, recently debuted its token, which has rapidly gained the attention of leading cryptocurrency exchanges. Major platforms such as Binance, OKX, Bybit, KuCoin, and Bitget have already listed CATI, reflecting the growing momentum behind the token.

Read more:Ā What Is Catizen?

CATI token runs on TON blockchain, with the tap-to-earn game boasting over 39 million users in total. It has 18 million active monthly users and generated around $26 million from in-game purchases. Telegram CEO Pavel Durov said the game brought in more than $16 million in revenue from in-app purchases in July.

ā€œCatizen introduced millions of people to blockchain because it uses TON-based smart contracts for its in-game rewards. Their team also built tools for other developers to launch their games on Telegram and TON easily. Well done, Catizen team,ā€ DurovĀ wrote.

Catizen stands out from other Telegram-based games by offering players a unique experience. Instead of the typical tap-to-earn mechanic, players manage a virtual cat cafĆ© where visitors interact with cats, generating monetary earnings. This shift in gameplay adds a strategic layer, settingĀ CatizenĀ apart from simpler models.

AsĀ CatizenĀ gains mainstream attention, investors are increasingly backing tap-to-earn games, recognizing their potential in Telegramā€™s vast ecosystem. With its low acquisition costs and seamless crypto integration, Telegram provides a scalable infrastructure for projects likeĀ CatizenĀ andĀ Hamster Kombat. Together, these games highlight the long-term viability of Web3 gaming.

ā€œThe next 100 to 200 million users in Web3 will come from Telegram and its gaming ecosystem,ā€ Animoca Brands co-founder and executive chairman Yat Siu told BeInCrypto.

Read more: How to Play Catizen: A Step-by-Step Guide

CATI Price Performance
CATI Price Performance, Source: BeInCrypto

BeInCrypto data shows CATI is trading for $0.800356 as of this writing, up by almost 5% since the Tuesday session opened.

Disclaimer

In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that ourĀ Terms and Conditions,Ā Privacy Policy, andĀ DisclaimersĀ have been updated.



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