Many Telegram-based games gained popularity in such a short time, with several gamers focused on accumulating enough in-game tokens. A few of these games that have garnered attention are Catizen, Hamster Kombat, Rocky Rabbit, and WatBird. The official launch date for the tokens underlying these projects is drawing closer. As the native currency of The Open Network (TON), these airdrops could trigger a price rally for Toncoin.
Catizen And Hamster Kombat Airdrop Launch is Here
Catizen plans to launch the CATI token this Friday, September 20, after facing a delay in July, among other hurdles. Immediately after its launch, the token will go on major crypto exchanges, including OKX.
Notably, leading cryptocurrency exchange Binance has announced Catizen as the 59th project on its Launchpool. Hamster Kombat, the 58th project on the Binance Launchpool, is scheduled to have its HMSTR token airdrop on September 26.
However, this project also experienced delays and backlash from its community members. More of this animosity stemmed from new players being allegedly offered a chance to earn more HMSTR tokens. Other technical issues with the new Hamster Kombat games on low-end smartphones still existed.
However, this did not stop the ecosystem from expanding to accommodate more players. The excitement surrounding these Telegram-based airdrops is quite contagious. However, it is uncertain how long this will last or if the hype will be sustained after the launch.
Pluto Studio, the developer behind Catizen, released the airdrop details for CATI a few days ago. It noted that only 305 million tokens out of the total of 1 billion will be made available for circulation. This information stirred the community members who invested significant time in the tap-to-earn game. They felt betrayed, citing that they had worked so hard to get so little in return.
Toncoin Registers Price Recovery Post Durov’s Arrest
Despite the disappointment, these gamers remain on the lookout for the airdrop distribution. As reflected in its price, these proposed launches will likely bring the next bullish push for the Toncoin ecosystem.
The TON price traded at $5.52 at this writing, with a 1.81% surge over the last 24 hours. With the coming events, analysts look forward to almost a 100% surge in the coin’s market price. Quite optimistic, but these analysts are projecting that the Toncoin price may hit $10.
In the last few weeks, Toncoin has not performed optimally. This negative sentiment was triggered by the arrest and detention of Telegram founder Pavel Durov in France. The 39-year-old Russian-born billionaire faced accusation of permitting the spread of child sexual abuse materials on Telegram.
Durov allegedly failed to fight crime on the app properly and was slammed with a total of 12 charges. Immediately after his arrest, TON went downhill, losing about 5.98% in less than 24 hours.
This sentiment did not come as a surprise, as the credibility and reliability of the privacy-focused app were expected to suffer amid Durov’s investigation. The current uptrend in the prices of Toncoin suggests that the TON ecosystem may finally be moving past the Durov saga.
