An AI-powered, cat-themed gaming altcoin is seeing record highs after being unexpectedly listed by the largest cryptocurrency exchange by volume.
Binance has announced the addition of Catizen (CATI) to its lineup of products, starting on September 20th.
“Binance is thrilled to introduce Catizen to Binance Simple Earn, ‘Buy Crypto’, Binance Convert, Binance Margin, and Binance Auto-Invest.”
Catizen is a play-to-earn blockchain game based on The Open Network (TON), where players act as a mayor managing a virtual city of cats to earn rewards.
TON was previously operated by Telegram and is now managed by an independent group of developers.
According to data from KuCoin, Catizen has over 34 million users, with 3.5 million active users daily and an ARPPU of $33 from 800,000 paying players.
KuCoin attributes the game’s popularity to Telegram’s large user base and the success of other blockchain games like Notcoin (NOT).
“With nearly 1 billion users engaging with Telegram bots and mini-apps monthly, Catizen benefits from Telegram’s vast user base and secure, decentralized transaction features. Additionally, the rise of other Telegram games like Notcoin, TapSwap, and Hamster Kombat has boosted interest in Catizen.”
The listing news has propelled CATI to $0.988, a 9.5% increase in the last 24 hours, hitting an all-time high of $1.11 today.
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Featured Image: Shutterstock/jovan vitanovski
