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Hamster Kombat Listing Launch: What to Expect?
The developers of Hamster Kombat have announced the end of earning in-game coins ahead of the upcoming listing. They have also determined the amounts earned by users. Now that all the coins have been distributed, users eagerly await the start of trading. Here are the main highlights of the Hamster Kombat token (HMSTR) listing.
HMSTR Listing: Expectations and Reality
The HMSTR token is expected to be listed on several cryptocurrency exchanges, including Binance, on September 26. The future of the HMSTR token post-listing remains uncertain. However, it’s essential to note that 87.3% of the tokens initially released to the market can potentially be sold, as holders might want to cash in on their efforts.
Historically, tap-to-earn game tokens tend to decline after listing. Examples include Notcoin (-6.8%), Dogs (-1.38%), and Catizen (-3.68%). Therefore, maintaining the token’s price during the listing will be challenging for the Hamster Kombat team. Many users will likely place sell orders, potentially driving down the price. The only factor that might help maintain the price is strong holding (HODL), although it’s uncertain if anyone other than the project team will commit to this strategy.
What the Community Says
For several months, the crypto community has eagerly awaited the HMSTR listing. However, recent reward payments have left many disappointed. While the HMSTR tokens were distributed, most gamers received only about $50. Additionally, some players were blocked or shortchanged.
“I spent almost the entire summer side by side with the hamster. I clicked on the hamster all my free time, believing that any work should be adequately rewarded. But I was still lucky — in any case, I was not accused of cheating, and the rewards were awarded.” — Jasy, Hamster Kombat player
“The only reason I am waiting for the listing is to sell the tokens. I do not consider these tokens good for long-term ownership, but I think it is clear why. My experience in Hamster Kombat is just finger training and nothing more.” — Mitsuko, Hamster Kombat player
“Overall, I am happy with the size of the reward. At first, I didn’t have high expectations and treated it as nothing more than another hype trend. Remember NFT, move-to-earn? What happened to them in the end? That’s why you should never expect significant rewards with one-day projects.” — Alien, Hamster Kombat player
Will Hamster Kombat’s Listing Impact the Crypto Market?
When millions of DOGS app users tried to get their free tokens simultaneously, the TON network struggled with the load. Now, a coin from an even more popular game is ready to go live on the exchange. The game developers claim there are 300 million players who will also be awarded tokens that can be sold on crypto exchanges. Several large crypto trading platforms have already announced the start of trading in the HMSTR token, which will also be launched on the TON network.
Hamster Kombat has a vast user base. When everyone starts withdrawing tokens to their wallets, the network may freeze due to the high load, similar to what happened with DOGS. The distribution of HMSTR tokens to users’ wallets could slow down the TON blockchain for several weeks.
“In the short term, Hamster Kombat will generate high activity and dominance on the TON Network. We’ve seen similar trends with the DOGS airdrop, where, at certain hours, the token accounted for 30% to 50% of all transactions on the TON blockchain. Following the Hamster Kombat token airdrop, I expect a similar effect.” — Maartunn, community analyst at CryptoQuant
In the longer term, TON is steadily increasing traction. At the beginning of this year, there were approximately 1.5 million transactions from around 338,000 users. Currently, this has surged to roughly 15.8 million transactions and 3.8 million users, reflecting a tenfold increase in both metrics. The launch of popular tokens like Hamster Kombat is significant in driving this growth.
Risks and Scandals Around Hamster Kombat
Despite its popularity, Hamster Kombat has faced several issues. The most notable are allegations of manipulation and underpayment to early investors, raising suspicions about the project’s fairness towards ordinary players. Additionally, many users have encountered scams such as phishing sites, fake airdrop dates, and account hijacking attempts, undermining trust in the project.
Those who actively follow the project and invest in the premarket should understand that the token’s price can fluctuate significantly. While many players and investors have high hopes for the listing, recent problems should prompt them to proceed cautiously.
For more news on Hamster Kombat and other crypto updates, explore more on Global Crypto News.
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