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Catizen (CATI) began trading on major CEXs on September 20 reaching its ATH on the same day, but it has since declined to near its opening price.
According to CoinGecko, CATI has shown significant volatility since it started trading. On its first day, the price surged from $0.73 to $1.11, its ATH. However, this rally was short-lived, as the price quickly began to decline. Currently, Catizen is trading at $0.75, close to its opening price.
Hamster Kombat’s Airdrop Steals the Spotlight
Both Catizen and Hamster Kombat, two well-known web3 games built on the Tron blockchain, are seeing major developments in September. While Catizen has already begun trading, Hamster Kombat (HMSTR) will start trading on centralized exchanges on September 26.
Despite this, HMSTR has already gained considerable traction in decentralized exchanges (DEXs), where its trading volume hit $91.16 million within 24 hours.
Paired with the stablecoin Tether (USDT), HMSTR became the top pool in terms of DEX trading volume. In contrast, CATI hasn’t garnered as much attention in the DEX space. Data from GeckoTerminal reveals that CATI, paired with Toncoin (TON), ranks 39th on DEX trading volume with $609,020.
Despite its strong start, users have reported issues with Hamster Kombat’s airdrop. Some were wrongfully flagged by the system for unfair play, preventing them from participating in the giveaway.
Catizen’s Place Among Decentralized Games
According to DappRadar, Catizen ranks 10th among web3 games in terms of unique active wallets (UAW), with 256,620 users over the past week. However, several key metrics for Catizen have declined during this period. UAWs dropped by 79.08%, while transactions and volume decreased by 84.75% and 84.45%, respectively.
