CATI (Catizen) rose 25.34% in 24 hours

Gate News Bot news, July 16, according to CoinMarketCap data, as of the time of publication, CATI (Catizen) is currently priced at $0.11, having risen 25.34% in the last 24 hours, with a high of $0.11 and a low of $0.08. The current market capitalization is approximately $34.5 million, an increase of $6.98 million compared to yesterday.

Catizen is a mini-game adventure platform themed around cats. The project has over 12 million players, including more than 700,000 on-chain enthusiasts. Catizen supports multiple chains, seamlessly connecting to the TON and Mantle networks. The platform offers a selection of high-quality games and provides SDK support for game developers. Catizen also features an open task center, guiding users to earn airdrops and rewards by completing tasks, while expanding the use cases of $CATI to enhance its intrinsic value. Additionally, Catizen has launched AI cat features, allowing users to cultivate unique AI companions through feeding and training.

Important news about CATI recently:

1️⃣ New CATI Token Use Cases and Airdrop Pass The Catizen platform has launched new use cases for the CATI token and an airdrop pass, creating a new era of token distribution. This initiative is expected to enhance the utility and demand for CATI, thereby positively impacting its market performance.

2️⃣ The CATI consumption in the first quarter exceeded expectations, raising the 2025 target Catizen's CATI consumption in the first quarter of 2023 has exceeded 22 million pieces, far surpassing expectations. Based on this strong performance, the platform has raised its CATI consumption target for 2025 to 150 million pieces. This upward adjustment reflects the platform's confidence in future development and may stimulate investors' long-term optimism towards CATI.

3️⃣ Telegram and TON blockchain collaborate to promote Catizen Telegram and TON blockchain announced a partnership to promote the Catizen project. Given Telegram's large user base, this collaboration is expected to bring more users and attention to Catizen, potentially driving the rise in CATI demand.

From a technical perspective, CATI's recent strong rise has broken through several key resistance levels, indicating strong upward momentum. However, investors should remain vigilant of potential short-term pullback risks.

This message is not intended as investment advice, and investors should be aware of market volatility risks.