Rocky Rabbit’s RBTC Token Hits Pre-Market on Bitget

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26 days ago

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Rocky Rabbit, a popular Telegram-based tap-to-earn game, has launched pre-market trading for its new token, RabBitcoin (RBTC). This trading is now available on the crypto exchange Bitget, ahead of the token’s full launch on The Open Network (TON) scheduled for September 23. Following the token launch, there are hints that an airdrop may follow soon after, giving players a chance to earn tokens for free.

Rocky Rabbit's Pre-Market Trading Launch

Traders on Bitget have valued RBTC at $0.000005 at the time of writing, with the token reaching a peak of $1 earlier. Bitget will also list RBTC for spot trading after the official launch later this month. Pre-market trading offers investors the opportunity to make predictions about the token's future worth, but it carries a high risk. Pre-market transactions can be more hazardous than spot transactions, particularly if the specifics of the tokenomics and airdrop are unclear.

Source: X

Rocky Rabbit boasts an impressive 25 million players, who engage in tapping their phones to earn in-game coins. These coins can power up the characters they control. The exact details of how the RBTC tokens will be distributed to players remain unclear. However, the game’s airdrop screen indicates that participation in battles may play a role in token allocation. That said, the game has yet to introduce its battle mode, so this remains speculative for now.

Rocky Rabbit isn’t the only game launching pre-market trading ahead of its airdrop. Previous Telegram games such as Notcoin, Hamster Kombat, and Catizen have followed similar strategies. Notcoin (NOT) launched in May, while Hamster Kombat and Catizen are preparing to roll out their tokens later this month. These games have also engaged in pre-market trading to allow investors to speculate on future token values.

Source: X

On Thursday, Catizen expanded its pre-market offerings by adding the exchange OKX to its list, which already included Bitget and Bybit. This move came just hours before Pluto Studio, the developer behind Catizen, confirmed the official launch date of September 20 for its token. Similarly, the Hamster Kombat token is now available for pre-market trading across several platforms, with its full rollout expected on September 26.

Notcoin's Successful Launch and Future Competition

Notcoin, one of the first Telegram-based games to use pre-market trading, saw a significant boost in interest. Its peak pre-market trading value was not far from the high it achieved after the official token launch. Notcoin became one of the biggest gaming token launches of the year. However, with over 300 million Telegram players in Hamster Kombat, the upcoming HMSTR token might surpass this achievement.

There has been a sudden rush of Telegram games announcing token launches and airdrops, many of which are choosing dates just before the launch of Hamster Kombat’s token. This wave of launches indicates that Hamster Kombat’s token launch could be a pivotal moment in this growing market. Many in the crypto space are watching closely to see how these tokens perform, as they may shape the future of the Telegram-based gaming trend.