According to Foresight News, Kima Network, a decentralized settlement protocol, has announced a delay in its originally planned Token Generation Event (TGE) from June to the end of the third quarter in 2024. The decision to postpone the event is attributed to the current unstable market conditions. The network has also cited an in-depth analysis of the market and investigations into dozens of other projects that have recently launched as reasons for the delay. The Kima Network aims to provide a more stable and reliable platform for its users, and this delay is seen as a strategic move to ensure the success of the project amidst the volatile market conditions.