CATI (Catizen) has pumped 25.97% in the last 24 hours.

Gate News Bot news, on August 28, according to CoinMarketCap data, CATI (Catizen) is currently priced at 0.11 USD, with a 24-hour pump of 25.97%, reaching a high of 0.12 USD and a low of 0.08 USD. The current market capitalization is approximately 35.9 million USD, an increase of 7.41 million USD compared to yesterday.

Important recent news about CATI:

1️⃣ Catizen Play 1.0 platform launched, promoting Web2 games on-chain Catizen launched the Catizen Play 1.0 platform on August 21, which is based on TON Layer 2 blockchain technology, aiming to enable one-click on-chain integration for Web2 games. The platform offers convenient access to hundreds of games and airdrop reward features, fully migrating game payments, data management, asset circulation, and more on-chain, providing players with a transparent and efficient solution. This initiative is expected to enhance the user experience and activity level of the CATI ecosystem, bringing a positive impact on token value.

2️⃣ Empower game assets and governance rights through NFTization, optimizing game economic models Catizen Play 1.0 significantly improves the gaming economic model and community engagement by supporting the trading of NFTized game assets and granting governance rights to players. This is not only a technical optimization but also a deep reshaping of the relationship between the platform and players. This move may attract more players and developers to join the Catizen ecosystem, indirectly driving the rise in CATI demand.

3️⃣ On-chain payments reduce costs and enhance platform competitiveness The new platform significantly reduces operational costs through on-chain payments, which may allow Catizen to occupy a more advantageous position in the highly competitive blockchain gaming market. The cost advantage could translate into more attractive user incentives, thereby stimulating the use and circulation of CATI token.

The recent rise of the CATI token may be directly related to the launch of the Catizen Play 1.0 platform, where new features and optimizations have enhanced market confidence in the development prospects of the CATI ecosystem. However, investors still need to closely monitor the actual operational performance of the platform and user adoption rates to assess long-term growth potential.

This message is not intended as investment advice; investors should be aware of market volatility risks.