Catizen Price Prediction: CATI Climbs 7% Since Launch As This PEPE Upgrade Roars Past $14.5 Million In Presale
Release: 2024/09/22 16:49 Reading: 977
The Catizen price has increased by 7% since its launch two days ago. It experienced a 2% decrease in the past 24 hours and is currently trading at $0.8778 as of 10:53 p.m. EST. The trading volume has decreased by 53% to $432 million.
This follows the launch of the Telegram-based tap-to-earn game, which airdropped 150 million tokens to users as part of its Season 1 token distribution. The CATI token went live on September 20 at 6:00 a.m. EST on The Open Network (TON).
Catizen Price Prediction: CATI Aims for a Breakout
Upon its launch, the Catizen price surged through a markup phase to reach a peak of $1.09 before undergoing a correction. According to the CATI/USDT chart on the 1-hour timeframe, the Catizen price is currently trading within a symmetrical triangle, indicating that bulls are aiming for a breakout.
A bullish stance at this level could potentially lead to a breakout above the upper boundary, pushing the price of Catizen towards the next target at $1.10.
On the other hand, the Relative Strength Index (RSI) is falling below the neutral zone towards the 30-oversold level, currently positioned at 41. This suggests that the Catizen price is facing strong selling pressure.
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CATIUSDT Chart Analysis (Source: Tradingview)
If the selling pressure continues, the Catizen price could fall below the lower boundary of the symmetrical triangle and drop towards the $0.70 support zone.
While Catizen price bulls seek additional buying signals, other investors are exploring a new Pepe alternative known as Pepe Unchained (PEPU), which has raised over $14.5 million in one of the most successful presales of the year.
99Bitcoins, a well-known crypto channel on YouTube with over 706K subscribers, has expressed optimism about PEPU's potential for significant growth following its launch.
Pepe Unchained Raises Over $14.5 Million in Presale
Pepe Unchained has surpassed $14.5 million in presale funds, bolstering its aspiration to become the next PEPE coin. The project aims to provide a superior alternative to $PEPE, offering reduced transaction fees and faster processing speeds. Its proprietary blockchain will serve as a launchpad for future meme coins and tokens, leveraging the same cost-effective transactions as $PEPU.
Token holders can also earn passive income through the platform's staking system, which provides an annual percentage yield (APY) of 144%.
Currently, $PEPU tokens can be purchased for $0.00983 each. With a price increase anticipated in under 24 hours, it is advisable to make purchases promptly to secure the most favorable price.
To participate in the presale, visit the official website and purchase $PEPU using ETH, USDT, or a bank card.
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