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Cryptocurrency News Articles
Catizen (CATI) and Hamster Kombat (HMSTR) Tokens Experience Significant Price Drops
Oct 03, 2024 at 12:47 am
Hamster Kombat (HMSTR) and Catizen (CATI) tokens have been experiencing significant price drops in the last few days.
Hamster Kombat (HMSTR) and Catizen (CATI) tokens have observed a significant price drop in the last few days.
According to Coinmarketcap stats, CATI observed a 98.94% downfall from its historical high established last month. The token is currently trading at $0.447, showcasing a 7.79% price decrease in the last 24 hours.
After it was added to the Binance Launch pool, many anticipated that this move would push the $CATI price to new highs. Users were also able to swap CATI for digital assets, such as BNB, ETH, BUSD, and BTC.
Moreover, CATI partnered with Bitget wallets, where the wallets were 100% responsible for gas fees. All this was to allow users to claim tokens on the BNB Chain without having to pay any gas fees.
Despite all this effort, CATI’s price is still bearish. The token observed a 7.09% price decrease in the last seven days and a 98.94% price decrease from its all-time high of $44.004, which was attained on March 21.
HMSTR token, which was introduced last week, has also experienced similar issues, declining by 55% from its all-time high of $0.01004.
HMSTR’s trading volume for the past 24 hours was $185,928,375, a decrease of 10.60% from the day before. The cryptocurrency has a market worth $289,584,353, but its price is still under pressure despite challenges.
Both platforms are targeting users to combine Web2 and Web3 in the space. Per a recent press release, Catizen has over “26 million players and more than 1.6 million users actively participating on-chain.”
At the same time, Hamster Kombat has attracted more than 300 million players since its launch.
Catizen and Hamster Kombat are still under pressure to recover from the huge price slump, which can be attributed to the volatile markets.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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