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The results of the Catizen Pool's earnings will be announced today. Let's make a routine forecast on the listing price. The total supply of $CATI is 1 billion, with a circulating supply of 305,000,000 (30.50% of the total supply), of which 9% is allocated for the Pool, which is quite generous. If we refer to the relative market cap of $DOGS after the second wave of its listing, which was around $0.00165, and an FDV of around $900 million, the ideal high point for $CATI should be $0.9. In the pre-market trading on OKX, the price once reached $0.83, and now after a pullback, it is in the $0.75+ range, which can be said to be a relatively positive market expectation (compared to the blunder caused by the change in the total supply of the hamsters). Additionally, Catizen announced the empowerment of CATI today, similar to the position of $BNB on Binance for launching new projects. In fact, an important part of why I was optimistic about this project before was that it defines itself not just as a small game, but as a game publishing platform, with much more room for imagination. On TON, everyone is scrambling for users, and if a place can channel the accumulated user pool to the next one, it will be much easier than attracting users from scratch. I believe that many new game teams on TON will consider this option. Combining the market sentiment of recovery after the rate cut, I think they are quite lucky to have encountered a suitable listing window, and I personally believe that the possibility of the price breaking $1 after the listing is relatively high.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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