Bitget, a top cryptocurrency exchange, has announced a partnership with Cats (CATS), a popular meme coin from the TON ecosystem, offering users exciting new ways to engage with the token. As part of this collaboration, Bitget is rolling out gas-free airdrops of CATS tokens on Telegram, allowing users to claim the tokens effortlessly. These airdropped tokens will be credited to users’ Bitget accounts ahead of the token’s spot trading debut in early October 2024.
In an effort to expand user participation, Bitget will also feature CATS on its Launchpool starting October 30, 2024, where users can farm a share of 19.5 billion CATS tokens for free. This initiative is designed to reward early adopters and drive greater engagement with the Cats platform.
Key Features of the Cats Partnership:
- Gas-Free Airdrops: Bitget users can claim CATS tokens on Telegram without incurring gas fees. The tokens will automatically be deposited in their Bitget accounts.
- Launchpool Event: Starting October 30, 2024, users can farm 19.5 billion CATS tokens for free on Bitget Launchpool, providing an opportunity to earn rewards and interact with the CATS ecosystem.
- Pre-Market Trading: CATS has already been listed on Bitget’s Pre-market platform, allowing users early trading access. The token is currently valued at 0.00043 USDT, with trading volume surpassing 1.5 million USDT.
What is CATS?
CATS is a meme coin that represents the playful culture of Telegram users. The project has attracted over 40 million holders since its launch, primarily through its viral Telegram Mini App, which allows users to claim airdrops based on their account age, premium status, and activity levels. Like other meme coins such as Dogs ($DOGS), CATS taps into community-driven enthusiasm.
Bitget previously listed CATS in its Pre-market, offering early access to trading and investment opportunities. This move allowed users to engage with the token before its full market release, solidifying Bitget as a key platform for early-stage crypto projects.
To further encourage user participation, Bitget is offering a pre-deposit bonus where the first 200,000 users to deposit CATS will receive 30,000 additional tokens. New users can register with Bitget and enjoy cashback offers as part of this promotional event.
A Growing Force in the Web3 and Blockchain Gaming Space
Bitget’s collaboration with CATS highlights its commitment to supporting projects in the TON ecosystem and pushing the boundaries of Web3 technology. With a user base of over 45 million, Bitget continues to make decentralized finance and blockchain technology more accessible to everyday users.
The listing of CATS on Bitget Launchpool is expected to attract significant interest from both the gaming and crypto communities, as CATS’ innovative approach to blockchain and gaming positions it as a key player in the rapidly growing TON ecosystem.
Here are several ways you can potentially make money from the developments in the Bitget-CATS partnership:
1. Participate in the Gas-Free Airdrops
- How it works: You can claim CATS tokens via the gas-free airdrop on Telegram. Since you won’t pay any transaction (gas) fees, you can collect the airdropped tokens for free.
- Earning potential: Once the airdropped tokens are credited to your Bitget account and trading opens, you can either hold them for long-term gains if the price appreciates, or sell them when trading begins in early October for immediate profits.
2. Farm CATS on Bitget Launchpool
- How it works: Starting October 30, 2024, Bitget will allow users to farm 19.5 billion CATS tokens on its Launchpool platform. By staking certain assets, you’ll earn CATS rewards for free.
- Earning potential: The more you stake in the Launchpool, the higher your share of the CATS token distribution. You can then sell the tokens for profit or hold them for potential long-term gains.
3. Pre-Deposit Bonus
- How it works: If you already own CATS tokens or acquire them, pre-depositing them into your Bitget account can earn you a bonus of 30,000 CATS tokens if you’re one of the first 200,000 participants.
- Earning potential: You could quickly accumulate additional tokens just by being early, which you can then sell or hold for future value.
4. Trade CATS on Bitget
- How it works: Once CATS spot trading opens in early October, you can buy and sell CATS tokens on Bitget’s exchange. If you’re able to buy CATS at a lower price and sell it when demand increases, you could profit from the price fluctuations.
- Earning potential: Profiting from price volatility requires understanding market trends, but it could be a lucrative opportunity if CATS gains popularity, especially as it’s associated with a large ecosystem like TON.
5. Hold for Long-Term Appreciation
- How it works: CATS has gained traction as a meme coin in the TON ecosystem, and its listing on Bitget Launchpool could further raise its profile. Holding CATS for the long term could lead to significant returns if the token continues to grow in value and gain community support.
- Earning potential: Similar to Dogecoin and Shiba Inu, if CATS follows the trajectory of other meme coins, there could be substantial long-term appreciation, especially with its growing ecosystem.
6. Stake or Lend Your CATS Tokens
- How it works: Some exchanges or platforms may allow you to stake or lend your CATS tokens, earning passive income through interest or rewards.
- Earning potential: While specific staking programs for CATS haven’t been announced, staking on platforms that support TON or meme coins can generate steady returns over time.
By combining these strategies, you can maximize your chances of making money through the Bitget-CATS partnership. However, always do your own research and consider market risks before investing.
Be First to Comment