CTG (City Tycoon Games) rose 92.19% in the last 24 hours.

Gate News Bot News, August 12, according to CoinMarketCap, as of the time of writing, CTG (City Tycoon Games) is currently priced at $0.00233257, with a rise of 92.19% in the last 24 hours, peaking at $0.00298025 and falling to a low of $0.00112415. The current market capitalization is approximately $23,300, an increase of $11,200 from yesterday.

City Tycoon Games is a city-building simulation game based on blockchain technology. Players can choose different hero characters, each with special abilities such as increasing gold acquisition per hour, enhancing the health cap of all characters, and more. The game features various buildings, such as news agencies, hospitals, cafes, etc., each with unique functions. Game features include monopoly, construction, and social elements. According to its roadmap, CTG plans to launch the official version of the game in the third quarter of 2023, which includes the development of new buildings and cities, as well as raising the hero level cap.

Important news about CTG recently:

1️⃣ Game development progress exceeds expectations The project team of City Tycoon Games has completed the development of the core game features and added multiple new game characteristics based on the original plan. These optimizations include a wider variety of building types, a more balanced economic system, and more challenging task designs, which are expected to enhance player experience and game stickiness.

2️⃣ Community activities drive token demand The project team recently held several online community activities, including game testing, suggestion collection, and creative competitions. These activities not only enhanced community cohesion but also stimulated demand for CTG token, becoming one of the important factors driving the price rise.

3️⃣ Market expectations for the official version of the game are about to be released As the third quarter approaches, the market generally expects the official version of City Tycoon Games to be released on schedule. This expectation has boosted investor sentiment, leading to more funds flowing into the CTG ecosystem, which in turn has driven a significant pump in the token price.

From a technical perspective, CTG has broken through several important resistance levels, demonstrating strong upward momentum. However, considering the significant rise in the short term, investors should remain vigilant against potential correction risks.

This message is not intended as investment advice; investors should be aware of market volatility risks.