As a seasoned researcher with years of experience in the cryptocurrency market under my belt, I must admit that Hamster Kombat’s (HMSTR) journey has been a rollercoaster ride since its listing. The token’s performance has been less than stellar, and I can relate to the frustration some users have felt due to unmet expectations, particularly with the airdrop exchanges. However, the recent announcement of Hamster Kombat Season 2 has brought a glimmer of hope.
The token Hamster Kombat, listed on various exchanges in late September, has found it difficult to gain momentum due to disappointed users offloading the token and some expressing dissatisfaction with the airdrop process. However, the team remains resilient, announcing a new initiative called Hamster Kombat Season 2 to boost user engagement. This announcement has generated optimism among investors about whether $HMSTR could reach $0.01 by the end of the year despite its current price of $0.00268 and relatively low volatility of 0.2%. The token currently has a market cap of $172.44 million and a 24-hour volume of $16.08 million.
The developers have given additional information regarding the release of Season 2, boosting the token’s value slightly.
HamsterVerse Begins with Closed Beta Testing for Season 2
On December 22nd, Hamster Kombat disclosed thrilling insights about its forthcoming Season 2. This Tap-to-earn game on Telegram detailed that the next season would extend beyond just gaming, launching three initial games as the foundation of its expansive HamsterVerse concept. Conceived as a comprehensive entertainment system, the HamsterVerse centers around the distinctive characters and narratives of the game, with all in-platform games leveraging the HMSTR token to boost its practicality. In addition, the developers unveiled plans for a Closed Beta testing phase, giving users a preview of the project. Hamster Kombat declared:
In Season 2, we’re in for more than just a simple game; it’s grown to be larger and stronger than we ever thought possible! We’re starting off not with one, but three games that will serve as the base for HamsterVerse. HamsterVerse is our ambitious project to create an entertainment universe centered around Hamster Kombat characters and storytelling. In each game within HamsterVerse, we’ll be regularly using the $HMSTR token.
In simpler terms, during the Closed Beta phase, there’s a Clean Code Competition happening, rewarding a total of 3,000 US Dollars in cryptocurrency to testers. The prizes are awarded at random, so all you need to do is participate in the beta testing to be eligible for winning.
Will Season 2 Spark a Revival for HMSTR?
Hamster Combat, a platform that once boasted 300 million users in August, has experienced a dramatic decrease, now standing at 23 million users in December, as reported by Protos. This new endeavor is designed to draw in more users and stimulate increased trading activity. Such actions could potentially halt the downward spiral of the token’s value. The decline in user interest has resulted in mass token sell-offs, which have negatively affected HMSTR’s performance. By implementing an enticing initiative, we may be able to rekindle enthusiasm, motivating users to amass more tokens and potentially increasing its worth.
As an analyst, I’ve observed that over the past 24 hours, the value of HMSTR has only slightly increased by 1%. The trading volume has followed a similar pattern, barely rising by 1%. If this bullish trend continues during the Season 2 beta testing, the price could potentially soar, particularly when Season 2 officially goes live.
Although Hamster Kombat is still met with some negative opinions, it’s unclear if HMSTR will reach $0.01 by 2025. Yet, with the upcoming Season 2 release and the unveiling of the HamsterVerse, there’s potential for the token to improve in the coming year.
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2024-12-23 17:17