Hey, what's up, guys? Welcome back to my channel zone. I'm glad you're joining us in today's article. So, guys, the Ham combat token was listed yesterday, and it was a bunch of disappointment to the community that Eff the token. And now we're looking forward to the next project that could actually be in line known as the cat airdrop. So, I've made a couple of videos about the cat token right here in my channel, where I told you guys how you can improve your token balance and also get to boost your balances. And in today's video, guys, we'll be focusing on how we could work towards the criteria provided by the cat team. As we know, the cat team has provided what is supposed to be the airdrop criteria for this airdrop and what they'll be using to measure allocations to users. In this video, we'll be talking about the criteria and how we can also use the criteria to boost our balances and stand out for the airdrop. So, before we proceed, if you're new to our channel and if you've subscribed to our channel, please do go ahead and hit the Subscribe button, like our video, share it with your friends, and haven't seen this, guys, let's get started.
About 2 days ago, the cat token, or the cat token team, they brought out an announcement right in the telegram community group and they posted some things talking about the tokenomics and also the criteria for the season one airdrop. They mentioned that the criteria for the airdrop is going to be based on three major things. The first one being the OG pass, the second one which is the daily transactions, and the third one is the in-app activity which includes tasks, friends invite, and also effing. So now, let's go ahead and talk about these things one after the other.
The second I talked about right here is the daily transactions. So, you can see right here, make tone great again. And this is appealing to you to make transactions. So, this thing happens daily. You can make the transactions on a daily basis. You can make it today, make it tomorrow, make it next tomorrow, and so on and so forth. And for each action, it costs about 0.5 T. Let's just go ahead and try it out. So, you can just go ahead and complete the transaction if you want. Just go and slide this and automatically transaction will be processed at your pin and then it will be completed. That's how to perform tone transaction. Now, the bad thing is that you have to do this daily to be able to get more income and automatically upon participating, you're supposed to get 2,000 cat tokens for participating and making transaction.
Now, let's go ahead and talk about the possible listing price of the cat token right now. So, this is the cat official Twitter page, and they announced that they are now available on the Buybit market and also they are available on the GTO market. But then, the price is really down. This is the current price on the G market. The cat token right in market, and each cat token is going for a price of 0.5 US a pegat token at the moment. So, now this price is actually very low, but as we know, this is the pre-market price, and most times pre-market prices can be overhyped or underhyped of the normal or the actual listing price. For instance, the Ham token was around 0.06 on the market, but then, yesterday, it listed at 0.01 and then went down to 0.009, 0.08, and 0.07. So, these are the things that are always related to pre-market prices. So, most times, it's not always very accurate to predict the pre-market prices, except for some tokens like KTT, that listed with the normal price in the pre-market. So, all our advice is just to go ahead and take a look at the economics and use it to see or assume what the price is going to be once it gets listed. But keep your expectations low. Don't expect too much for the listing price of CAT.
So far, they've not given us any specific day for TGE, but they've announced that the snapshot will be taken on the 30th of September, 2024. So, just go ahead and farm as much as you can for the meantime as we get ready for the listing and possibly the snapshot that's coming very soon. So, if you have the money to afford the OG pass, you can go ahead and try. You can also go ahead and make as much as you can do. But make your research and spend your money wisely. And if you have any questions about the whole situation, ask in the comment section, and I'll do my best to answer. Thanks for watching, guys, and do have...
Q: What is the focus of the article about the Cat Airdrop Criteria?
A: The article focuses on exploring the criteria provided by the Cat team for the upcoming Cat Airdrop and how users can work towards meeting those criteria to boost their balances and stand out for the airdrop.
Q: What are the three major criteria mentioned for the Cat Airdrop in the article?
A: The three major criteria mentioned for the Cat Airdrop are the OG Pass, daily transactions, and in-app activity which includes tasks, friends invite, and effing.
Q: How often should users perform transactions to participate in the Cat Airdrop?
A: Users should perform transactions daily to participate in the Cat Airdrop. Each transaction costs about 0.5 T, and participants are supposed to get 2,000 cat tokens for participating and making transactions.
Q: What is advised regarding predicting the listing price of the Cat token?
A: It is advised to not expect too much for the listing price of the Cat token as pre-market prices can be overhyped or underhyped. It is recommended to examine the economics and set expectations conservatively.
Q: When will the snapshot be taken for the Cat Airdrop?
A: The snapshot will be taken on the 30th of September, 2024, as announced for the upcoming Cat Airdrop. Users are advised to prepare and farm as much as possible for the listing and snapshot.