As an analyst with over two decades of experience in the ever-evolving crypto market, I must say that Hamster Kombat’s Tap-to-Earn (T2E) game launch has been quite a rollercoaster ride. The simultaneous listings on major exchanges and the overwhelming demand for the HMSTR token are indicative of a project with immense potential. However, the rapid dip in its market value is concerning, as it seems to validate Ajay’s fears about the token losing value swiftly post-launch.
As a proud crypto investor, I’m excited to share that the much-anticipated Telegram-based Tap-to-Earn (T2E) game, Hamster Kombat, successfully carried out its scheduled airdrop on September 26. The team behind this engaging game has been keeping us updated on the distribution progress. According to their latest update, over two-thirds of the 60% HMSTR tokens allocated for the Season 1 airdrop from a total supply of 100 billion have already been distributed. As I check now, the current value of each HMSTR token is approximately $0.0068, with a 24-hour volatility of -45.5%. The market cap stands at an impressive $437.01 million, and the 24-hour volume is a substantial $1.20 billion. It’s been an exciting journey so far, and I can’t wait to see what the future holds for Hamster Kombat!
Hamster Kombat Listings and Demand Congestion
Following Thursday’s airdrop launch, the tokens were promptly listed on several well-known crypto exchanges such as Binance, KuCoin, OKX, Bybit, Bitget, Gate.io, MEXC, and Bitfinex. Additionally, HashKey Global declared the token’s inclusion in their Innovation Zone, providing users with the ability to trade the HMSTR/USDT pair through spot trading.
According to the recent report from the team, more than 30 million users have started trading HamsterStride Tokens (HMSTR) on these platforms, and this figure is steadily increasing by the second. Within just one hour after its listing, Hamster Kombat’s token was being traded at $0.009049, giving it a market capitalization of approximately $579.22 million. The opening price for HMSTR during trading was set at $0.013.
Ajay’s worries about the Hamster Kombat market seem to be validated, as the token has already experienced a substantial drop in value just days after its debut. In less than a day, HMSTR has taken a significant hit, currently trading at $0.006819 – a 45.3% decrease from its initial launch price.
In the meantime, the Hamster Kombat team admitted that some users might encounter issues with accessing or transferring their tokens. This is due to the excessive interest in the eagerly awaited token.
Great strides are being taken, working alongside the TON squad, to prevent similar events and maintain a seamless operation. Furthermore, users were reassured about the security of their tokens.
More Crypto Earnings for HMSTR Holders
As the team works on resolving the traffic problem, HMSTR token holders and potential users have an opportunity to boost their income over the coming weeks.
To celebrate the debut of HMSTR on the stock market, HashKey Global has planned an exclusive offer for new clients between September 26 and October 3, 2024. During this period, participants have a chance to win from a total prize pool of 20,000 HSK tokens.
Each participant can earn up to 100 HSK by making their initial deposit of HMSTR. For every 100 HMSTR deposited in total (net), they will receive 1 HSK as a reward. This incentive is set up to attract early users, so it works on a first-arrived, first-served basis.
In addition to securing $14 billion worth of FDUSD and BNB in its Launchpool, Binance is making it possible for users to obtain 3 million HMSTR tokens by doing so. Moreover, the prominent cryptocurrency exchange provides the HMSTR Super Earn program, enabling users to keep their tokens on hand for incentives. A total of 100,000,000 HMSTR rewards have been set aside for this particular product as well.
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2024-09-27 14:23