Is the new coin CATI still worth playing?
Regarding the views on CATI and the factors affecting its value,
Catizen (CATI) is a Telegram cat-raising game based on TON,
and it is also the first cat-themed token launched on Binance. Since its listing, the price has risen by more than 30%, which has aroused investors' attention to its short-term trend, especially the timing of short selling.
CATI is essentially a game project that relies on popularity, and popularity is positively correlated with price.
CATI is currently at the peak of popularity due to the major event of listing on Binance.
However, as the popularity gradually fades, the price may also fall.
Similar cases can refer to meme coins such as DOGS, whose prices rose briefly when the initial popularity was the highest, and then fell sharply as market attention shifted, with a drop of more than 50%.
In addition, other meme coins that have been launched recently have gradually cooled down, further verifying this view.
Combined with market trends, "buy new instead of old" is the mainstream of current investment strategies, and the game sector to which CATI belongs has shown the characteristics of the old sector, so the possibility of price decline in the future is relatively high.
