I think that the Catex platform will lose a lot of its customers in the coming period.. and thus its currency, CATT will fall after it recovered for a while...
Why?
For several reasons:
1- Their faucets are dry and there are no longer incentives to come infrequently.
2- The currencies that were earned from the faucets, most of them are severe restrictions to be replaced... and some of them are almost no longer of value to cancel dealing by it!
3- The commission for withdrawals is very high on almost all currencies except for one or two currencies, up to a maximum... This is very frustrating.
4- Trading on the platform is annoying... especially if you want to withdraw a currency that you earned from the faucets by buying a quantity of it using bitcoin to reach the minimum swap...
And when you try to swap it for bitcoin, you discover that it is very difficult... I did this in JADE currency, for example. I did not get it yet... Instead of wasting the currency alone, I took with it what I had from Bitcoin!!
5- The inelasticity of the platform and its lack of development or providing incentives to clients makes it more like a lifeless corpse waiting to decompose or the arrival of raptors to devour its corpse!!
6- The only feature in the platform so far is the availability of Staking in limited currencies...
However, it is also flawed by the long periods of Staking in exchange for a small interest rate in addition to the problem of withdrawing or swapping the currency that was Staking after the Staking period ends...
We will return again to the problem of rising exaggerated withdrawal commission
7- This does not mean that I invite you not to deal with the Catex platform... I am only talking about my short experience with this platform, which was supposed to compete with other platforms .. but this did not happen, unfortunately!
Sometimes when I think of cryptos, I feel like every coins at $1 and there we start a race.🤗 For mass adoption.
Now for the dates let's see the future. No one knows what will be the next.