Although we’re currently in a bearish period that hasn’t been kind to altcoins, one GameFi token is soaring. While most GameFi sector tokens have dropped by 5% to 10% over the past week, the #SpaceCatch (#CATCH ) token has surged by 250% in just a few days, with more growth expected!
About SpaceCatch
SpaceCatch is one of the few #GameFi projects that actually has a real, working product – a game. While many other projects in the sector rely on promises, the SpaceCatch team has successfully developed not just one, but two games!
The first is SpaceCatch AR, an augmented reality and geolocation-based game dubbed the "Pokémon GO killer" for its advanced mechanics and carefully adapted feedback from Pokémon GO players. It features better graphics, gameplay, and an enhanced experience. The game works off-chain, supporting both Web2 and Web3 players, allowing it to target over 100 million gamers globally.
The second game is #SCC SpaceCatch Classic, a nostalgic pixelated PvP game that has gained popularity among casual players. In this game, the CATCH token is fully integrated.
Rocket Growth
There are several reasons behind the explosive growth of the CATCH token:
First, a recent staking halving cut staking rewards in half, significantly reducing token inflation to below 0.5% per month.
In the coming weeks, the public launch of SpaceCatch AR is expected to drive a massive influx of new players, leading to increased demand for the token and revenue, which will be used for buybacks and burns of CATCH tokens.
Several additional bullish catalysts are also in play — including zero trading fees for the CATCH token on the popular FatBot trading platform, which is likely to attract even more investors and buyers.
Don’t Miss This Train
SpaceCatch stands out as one of the very few projects delivering on all its promises — and even exceeding expectations by releasing two full games instead of one. More product launches are on the way to support further growth of the CATCH token.
Analysts predict that CATCH could reach $2 to $3, which would represent a 2,500% to 3,800% increase from current prices.
A true gem in the GameFi space — and it might just be taking off.