According to BlockBeats, TokenFi (TOKEN) has seen a notable increase in its value, with a 24-hour surge of 37.6%, bringing its current price to $0.06764. This rise is attributed to recent news regarding Simon's Cat.

BlockBeats previously reported that the Simon's Cat meme coin is scheduled to launch on the TokenFi Launchpad on August 20. This upcoming event has generated significant interest and activity around TokenFi, contributing to its recent price increase.