As the once-bullish crypto market cools down, investors are on the hunt for any opportunity to turn a profit. One of the hottest trends right now is jumping on new TRON token launches and collecting airdrops. Among the most anticipated of these airdrops is the c, set for September 20. However, a recent twist has cast a shadow over the event, turning it into a subject of controversy.
With the crypto community eagerly awaiting the Catizen airdrop, many were shocked by sudden changes in token allocations, sparking claims of unfairness. But Catizen isn’t the only game attracting attention—Hamster Kombat, another popular Telegram game, has made headlines by becoming the 58th project on Binance’s Launchpool, complete with its own airdrop event.
The Catizen Controversy – What Went Wrong?
Catizen, a swipe-to-earn game launched on Telegram’s game center in August, was initially celebrated for its fun gameplay and earning potential. The upcoming airdrop, originally slated to distribute 43% of the total token supply (1 billion CAT), had investors excited. However, a sudden change in token allocation has left many feeling betrayed.
Over the weekend, Catizen’s development team, Pluto Studio, announced that only 30% of the total supply would be allocated to the airdrop. Worse, just 15% of the supply would be distributed on September 20, with the rest held for future distribution. This adjustment left over 20 million hopeful participants ineligible, as only 15.2 million users qualified for the airdrop.
What really triggered the backlash, though, was the token distribution among eligible participants. Despite meeting the requirements, many will receive only one or two CAT tokens—a far cry from what was initially expected. Social media platform X (formerly Twitter) has since exploded with users voicing their frustration, labeling the airdrop as unfair and even calling it a scam.
Pluto Studio responded to the criticism, revealing that many users had exploited the game’s system to artificially boost their earnings, which prompted the drastic changes. Nevertheless, the damage has been done, and confidence in the project has taken a hit.
What Can Investors Expect From the CATI Airdrop?
Despite the controversy, the Catizen airdrop is still scheduled for September 20, when 15% of the total supply will be distributed among eligible users. Currently valued at around $0.70 on Gate.io, analysts predict the token could surge past $2 post-listing. However, this forecast is uncertain, given the recent negative attention surrounding the project.
In a bid to boost confidence, Binance has added Catizen as its 59th project on Launchpool, allowing users to earn CATI tokens by locking BNB and FDUSD until September 19. An additional 90 million tokens have been allocated for this, presenting another chance for users to earn before the official airdrop.
Also Read: Hamster Kombat Airdrop – 60B HMSTR Tokens Available, 3B For Binance Launchpool!
Several other exchanges, including Bitget, KuCoin, Gate.io, and HashKey, support staking for Catizen tokens, allowing users to collect extra tokens beyond the airdrop. As for the token’s debut, it will enter the market with a total supply of 1 billion CATI, with 305 million in circulation, trading in pairs like BNB, FDUSD, USDT, and TRY.
Final Thoughts
The Catizen airdrop controversy has left many investors frustrated, especially given the sudden and unexpected changes in distribution. While the airdrop still holds the potential for profits, the uncertainty surrounding the event may deter some investors. As the token prepares for its September 20 debut, all eyes will be on the market’s reaction and whether the CATI token can recover from its rocky start.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
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