CATI will be launched on Binance at 6 o'clock
CATI is a cat-themed game robot token based on the Telegram applet platform, with a total supply of 1 billion CATI and an initial circulation of 30.5%, or 305 million CATI. Launchpool allocated 90 million CATI, accounting for 9% of the total supply of tokens.
Operation strategy:
Since the initial circulation of CATI tokens is only 30.5%, it means that there are still 69.5% of tokens to be unlocked in the future. This will lead to greater selling pressure when unlocked later.
Therefore, CATI has a high risk of long-term holding and is not suitable for long-term investment.
Short-term strategy:
Valuation: Considering the low circulation in the early stage, the reasonable valuation of CATI is around 300 to 500 million US dollars. If the market value is too high, the investment risk will also increase, and it is recommended to avoid entering the market.
Opening price: If the opening price of CATI can fall around 0.3 to 0.33 USD, you can try a short-term operation, but you need to keep entering and exiting quickly to avoid holding positions for a long time.
Quick profit stop: CATI has a high risk of selling pressure. Do not pursue excessive returns in short-term operations. After earning a certain profit, exit decisively and do not covet long-term holding.
In general, CATI is more suitable for quick entry and exit, short-term operations to earn short-term volatility returns, and avoid being trapped by the later unlocking selling pressure.
