Catizen (CATI) Price Soars Over 30% on Debut, Binance Expands Support

TON-based P2E crypto project Catizen (CATI) sparked a tidal wave of investor optimism on Friday as crypto exchange giant Binance issued a vital announcement on it. The exchange revealed that it will add the token to simple earn, convert, margin, and auto-invest, in light of its listing. This announcement has sparked optimistic speculations over the P2E project, as its price shot up over 30% in the wake of the exchange’s support.

Binance Adds Catizen To Its Stockpile of Offerings

In an official Binance announcement dated September 20, the CEX revealed that it will add Catizen (CATI) to simple earn, buy crypto, convert, and margin today. Meanwhile, the TON-based token has already commenced trading on the exchange.

As per the announcement, CATI Simple earn and flexible products will be listed today at 10 UTC. Starting September 23, users may purchase the token using any payment option supported on auto-invest.

Further, the platform’s users can also buy Catizen via VISA, MasterCard, Google Pay, and Apple Pay. Meanwhile, the asset can be sold with the help of wallet balances on the ‘buy crypto’ page.

Binance added that “users will be able to start trading CATI against BTC, USDT, and any other tokens on convert at zero fees within one hour” of the token’s listing on the exchange. Also, the ‘CATI/USDT and CATI/FDUSD’ pairs on Cross and Isolated Margin will be available starting today at 12 UTC.

Altogether, the announcement has set off waves for Catizen, fueling bullishness for the coin’s price action.

Token Price Soars Over 30%

Meanwhile, with CATI making its debut on one of the top crypto exchanges, the token’s price soared nearly 34% from its 24-hour low of 0.6989 to touch $0.9353 at press time. The coin’s intraday low and high were $0.832 and $0.9913, respectively.

This rising price action aligns with previous listings witnessed on the crypto exchange giant. Notably, Kadena (KDA) price rocketed nearly 30% on Binance listing recently. Moreover, even Solana coins MEW & FIDA gained on their listings on CEXs.

Altogether, Catizen’s price upswing aligns with this market phenomenon. Also, a recent CATI price analysis by CoinGape Media suggested that the coin reflects the potential to reach $1 despite the controversy involved with its airdrop.

✓ Share:

Coingape Staff

CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.