"Catizen" has been added as the 59th Binance Launchpool project, enabling users to earn CATI tokens by locking BNB and FDUSD. The farming period starts on Sept. 16, with token listing on Sept. 20, raising expectations of a potential price rally amid growing gaming crypto interest.

Catizen Joins Binance's 59th Launchpool Project

By locking BNB and FDUSD, users of Binance can participate in airdrops for CATI tokens, thanks to "Catizen's" entry to Launchpool. The release states that the crypto farming season would start on September 16, 2024, and last for four days.

With USDT, BNB, FDUSD, and TRY as trading pairings, the exchange will list CATI on September 20, 2024, once it is completed. Notably, the project's distinctive feline-themed gaming bot, which runs on the Telegram mini-app platform, has caused quite a stir.

Binance Expands Support for Gaming Projects

Also, with the launch of Hamster Kombat (HMSTR) as the 58th project on Launchpool, the exchange has shown an increasing interest in supporting games based on Telegram, and this development is no exception. On top of that, the pattern shows that Binance is now focusing on unique gaming ventures, which should help CATI in the market.

Many traders are hoping for a price rally for Catizen (CATI) after hearing the news that it would be added to Binance Launchpool. According to Coingape, tokens that are offered on Launchpool tend to have a heightened interest and price spike during their initial trading phases. This is because the community is excited, and there are early access incentives.

CATI Expected to Attract Significant Interest

Also, there's a rising trend and market interest in gaming crypto, which is perfect for this cryptocurrency because of its feline theme and Telegram connection. Plus, one of the leading cryptocurrency exchanges listing CATI has increased anticipation that the coin will attract significant interest.

At the same time, the cryptocurrency exchange has stressed that it would be the pioneering platform to list CATI, warning users against misleading claims about the token's availability in the days leading up to the formal trading launch. Notably, as revealed in the announcement, the token will first be available for circulation with 305 million CATI, or around 30.5% of the total supply, out of a total of 1 billion.

90 Million CATI Tokens Available in Two Pools

One way for users to gain 90 million tokens during the Launchpool phase is by participating in specific pools. The exact number of CATI tokens that will be distributed is 76.5 million to the BNB pool and 13.5 million to the FDUSD pool.