CandleFocus ‘Hamster Kombat’ and ‘Catizen’ Game Tokens Plummet by 50% After Telegram Airdrops
2024-10-01
Author: Content Editor
The prices of two prominent Telegram games' tokens, Hamster Kombat and Catizen, have fallen more than 50% since their respective launches on The Open Network (TON). Hamster Kombat's HMSTR token has dropped by 53% and Catizen's CATI token has fallen by 58%. The decline in prices is attributed to mixed reception from players, complaints about token allocations, and broader market decline. The volatility of gaming tokens is common, potentially due to the early stage of the crypto gaming space and lack of investor confidence. Despite plans for future games and token rewards, prices continue to decline in the short term.
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