Catizen Coin Price Prediction: Is $CATI Headed for Breakout?

Published:September 21, 2024 Updated: April 13, 2025

Author: Lokesh Gupta

Catizen Coin Price Prediction: Is $CATI Headed for Breakout?

Catizen Coin Price Prediction: Catizen Soar High After Binance Listing

CATI tokens for the TON blockchain began trading on September 19.

The Telegram-based tap-to-earn game Catizen experienced a significant surge in activity following its listing on major centralized exchanges like Binance, Bybit, and Bitget.

A total of 340 million CATI tokens were allocated for airdrops, with quarterly distributions planned to maintain momentum.

As part of Season 150 million tokens were airdropped, which accounts for 15% of CATI’s total 1 billion supply.

The remaining 190 million tokens are set to be airdropped in future quarterly distributions.

Currently, CATI price is trading near $0.9300, with a market cap of $288 million.

Following this rapid increase, CATI’s price entered a consolidation phase after the initial surge.

On the 15-minute chart, CATI is currently trading within an Ascending Channel Pattern.

If the price breaks out of the upper channel, CATI could reach $1.20, followed by a potential rise to $1.50.

However, if it fails to break above the upper channel and breaches the lower channel, support levels near $0.80 or even $0.50 could be tested.

Also read: NEIRO Coin Price Prediction: What’s Fueling the Rally?

Author: Lokesh Gupta

Lokesh Gupta is a seasoned financial expert with 23 years of experience in Forex, Comex, NSE, MCX, NCDEX, and cryptocurrency markets. Investors have trusted his technical analysis skills so they may negotiate market swings and make wise investment selections. Lokesh merges his deep understanding of the market with his enthusiasm for teaching in his role as Content & Research Lead, producing informative pieces that give investors a leg up. In both conventional and cryptocurrency markets, he is a reliable adviser because of his strategic direction and ability to examine intricate market movements. Dedicated to study, market analysis, and investor education, Lokesh keeps abreast of the always-changing financial scene. His accurate and well-researched observations provide traders and investors with the tools they need to thrive in ever-changing market conditions.

WHAT'S YOUR OPINION?

23-09-2024

Following this rapid increase, CATI’s price entered a consolidation phase after the initial surge. Following this rapid increase, CATI’s price entered a consolidation phase after the initial surge.