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Cats (CATS): Pounce on Profits With Telegram's Purr-fect Mini App

Intermediate
web3
Explainers
Altcoins
Oct 1, 2024
5 min read

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Detailed Summary

The latest trend for Telegram mini apps has spawned all sorts of cute and entertaining games. In addition to being a fun way to pass the time, these games also have the potential to make investors a lot of money. One particularly promising game to keep an eye out for is Cats. It boasts a particularly simple and convenient earning mechanism, so Cats has attracted a lot of crypto enthusiasts. Keep reading to see how you can earn money by playing Cats on Telegram. 

Key Takeaways:

  • Cats is a mini app that runs on the Telegram app and TON blockchain network.

  • Cats distributes meme coins based on a user's level of Telegram activity. 

  • Looking to trade CATS tokens? You can now do so via Bybit Pre-Market Trading. 

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What Is Cats?

Cats is a mini app that runs on the Telegram app and TON blockchain network. This program distributes CATS tokens based on your level of Telegram activity. You can also complete tasks to earn more CATS. So far, Cats has been a wildly popular project that's easily become one of the top Telegram games.

What Does Cats Aim to Achieve?

Cats is a fairly mysterious crypto project. Unlike some other games, it doesn't have a white paper or website. Instead, it just has a Telegram channel and a few social media sites (like X/Twitter). Despite the lack of public communication, Cats has revealed quite a bit about its intentions. Its project aims to unite cat lovers within the crypto community. 

Unlike many canine-focused meme coins, Cats' marketing has been almost entirely centered on cute images of cats. Its other aim seems to be simplicity. Many Telegram games have been racing to design more and more complex games. However, Cats' creators apparently believe that simplicity is the way to go. Their system is designed to attract users who want a convenient and easy way to get involved in Telegram game investing.

How Does Cats Work?

The Cats system operates as a combination of TON blockchain software and Telegram-based coding. Cats uses the TON chain to keep track of its tokens and distribute them to users, as its smart contracts require. Meanwhile, the Telegram bot sends instructions and information to users via the Telegram interface.

The mechanics for playing Cats are also straightforward. Users simply go to the Telegram bot and join it. Cats' system will automatically calculate the age of your Telegram account and send you the relevant amount of CATS tokens. Tokens are automatically credited to you as your account ages. 

CATS Tokenomics

As a meme coin, CATS has a higher-than-usual token supply, with a total supply of 600 billion. Unlike some other meme coins, CATS also has a somewhat complicated distribution scheme. Instead of releasing 100% of its tokens to players, CATS has reserved several portions to grow its company. The distribution scheme for CATS tokens is as follows:

  • Airdrop: 55%

  • Exchange listings: 12%

  • Ecosystem funds: 10%

  • Early growth supporters: 10%

  • Team compensation: 6%

  • Strategic investments: 4%

  • Media partners: 2%

  • Advisory board: 1%

The Popularity of Cats

Cats has quickly become one of the top games on Telegram. Within a day of its launch, it already had over 1 million users, and is predicted to reach 50 million users within the near future. It's also doing quite well on social media, with 1.7 million followers on Twitter/X and 2.9 million followers on Instagram.

Cats' popularity is about more than just its design. The company has also worked hard to market both its game and the CATS coin. Through social media campaigns that involve feeding cats with drones, Cats has managed to attract a lot of attention from cat lovers around the world. It’s also benefited from some highly publicized collaborations with the Dogs project, a canine-themed counterpart currently among the top 15 meme coins.

CATS Airdrop

The CATS airdrop is an ongoing project that automatically distributes tokens to new members as they join the Cats ecosystem. While you automatically get tokens based on the age of your Telegram app, Cats also has some more interactive ways of qualifying for airdrop rewards. Active users who contribute to the community can also receive additional CATS tokens. Additionally, daily transactions, sending in-app messages and inviting friends to join Cats can help you earn extra rewards. 

Season 1 of the CATS airdrop began with the app’s launch, and will run through Sep 30, 2024. Though Cats hasn’t announced further airdrop dates, it has hinted that there will be additional airdrop seasons in the future.

Where to Buy CATS

Looking to trade CATS tokens? You can now do so via Bybit’s Pre-Market Trading platform. To get started, you’ll first need to first create a Bybit account, then fund it with cryptocurrency and navigate to the CATS Pre-Market Trading page

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Is CATS a Good Investment?

If you're interested in trending meme coins with a lot of profit potential, the Cats project might be a good option. It has capitalized on a lot of popular trends of late, and is on track for some impressive price changes. Cats has some promising plans for the future, and is doing a great job of promoting its coin. Furthermore, Cats is close to the end of its airdrop season, so it's due for more publicity soon.

Just keep in mind that investing in any meme coin carries inherent risk. These sorts of coins experience rapid price changes, and can potentially lose a lot of value overnight. Cats is particularly vulnerable to changes, since its game design isn’t set up to encourage frequent player engagement. Buying and selling at the right time is essential, so you need to do your research into market conditions before making changes to your investment portfolio. 

Closing Thoughts

Cats is an intriguing example of how a simple concept can succeed as long as it has the right marketing. Only time will tell if the company can transition CATS into a leading meme coin, but it's currently doing a great job of competing with other Telegram mini app tokens. This game is particularly easy to play, so if you have a Telegram account, it's worth checking out!

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