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: 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.
“Catizen 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,” Durov 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 café where visitors interact with cats, generating monetary earnings. This shift in gameplay adds a strategic layer, setting Catizen apart from simpler models.
As Catizen gains mainstream attention, investors are increasingly backing tap-to-earn games, recognizing their potential in Telegram’s vast ecosystem. With its low acquisition costs and seamless crypto integration, Telegram provides a scalable infrastructure for projects like Catizen and Hamster Kombat. Together, these games highlight the long-term viability of Web3 gaming.
“The next 100 to 200 million users in Web3 will come from Telegram and its gaming ecosystem,” Animoca Brands co-founder and executive chairman Yat Siu told BeInCrypto.
Read more: How to Play Catizen: A Step-by-Step Guide
BeInCrypto data shows CATI is trading for $0.800356 as of this writing, up by almost 5% since the Tuesday session opened.
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Source: https://beincrypto.com/coinbase-to-list-catizen-cati/