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Hamster Kombat has continued to trend in the T2E gaming world following its airdrop and token listing on exchanges.
Key Notes
Hamster Kombat is yet to distribute 100% of the earmarked token for airdrop per congestion.The price of the token has continued to slump post-launch.The T2E game has enough incentives ahead to reward participation.Telegram-based Tap-to-Earn (T2E) game Hamster Kombat finally had its airdrop on September 26 as scheduled. The team behind the game has provided an update on how the distribution is going. According to the Hamster Kombat team, more than two-thirds of the 60% HMSTR HMSTR $0.0068 24h volatility: -45.5% Market cap: $437.08 M Vol. 24h: $1.20 B token allocated to the Season 1 airdrop from a total supply of 100 billion has been distributed.
Hamster Kombat Listings and Demand Congestion
A few hours after the airdrop went live on Thursday, it bagged simultaneous listings from major crypto exchanges. These include Binance, KuCoin, OKX, Bybit, Bitget, Gate.io, MEXC, and Bitfinex. Even HashKey Global officially announced the token’s listing in its Innovation Zone, including the option of spot trading for the HMSTR/USDT pair.
In the update provided by the team, over 30 million users have commenced HMSTR trading on these exchanges, and the number continues to grow with each passing second. In less than an hour after the token was listed, Hamster Kombat was trading for $0.009049, with its market cap coming in at $579.22 million. The initial HMSTR price at the beginning of trading was $0.013.
The slump in the HMSTR market value underscores Ajay’s fears. The crypto influencer had concerns that the token would lose its value only a few days after launch. It is barely 24 hours, and HMSTR has registered a significant value dip. The Hamster Kombat token is trading at $0.006819 after losing 45.3% of its value at launch.
Meanwhile, the Hamster Kombat team acknowledged that users may experience difficulties accessing or sending their tokens. This is because of the overwhelming demand for the much-anticipated token.
Intense effort is being made in collaboration with the TON team to mitigate the occurrence of such incidents and ensure that the process continues smoothly. Additionally, users were assured of the safety of their tokens.
More Crypto Earnings for HMSTR Holders
While the team addresses this congestion issue, HMSTR holders and interested users can increase their earnings in the next few weeks.
To commemorate the HMSTR listing and launch, HashKey Global launched a special promotion exclusively for new users. It is scheduled to run from September 26 to October 3, 2024. The firm is offering a prize pool of 20,000 HSK tokens to interested participants.
Each user has the opportunity to bag as much as 100 HSK. All they need to do is make their first deposit of HMSTR, with 100 HMSTR in net deposits equivalent to 1 HSK in reward. This prize pool is designed to encourage early participation; therefore, it is on a first-come, first-served basis.
Binance also locked $14 billion worth of FDUSD and BNB in its Launchpool to give users access to 3 million HMSTR tokens. Aside from this, the leading cryptocurrency exchange offers the HMSTR Super Earn product, where users can lock their tokens for rewards. A 100,000,000 HMSTR reward has been earmarked for this product as well.
Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.
Hamster Kombat (HMSTR) News, Altcoin News, Cryptocurrency News, News
Benjamin Godfrey is a blockchain enthusiast and journalist who relishes writing about the real life applications of blockchain technology and innovations to drive general acceptance and worldwide integration of the emerging technology. His desire to educate people about cryptocurrencies inspires his contributions to renowned blockchain media and sites.
