Hamster Kombat Token Price Drops Below Key Support

Hamster Kombat Price Crashes Below Key Support Level After HamsterVerse Launch

The Hamster Kombat token price has slipped to a low of $0.001620, its lowest level since September 26, following the launch of HamsterVerse, a platform that will house all apps created within the ecosystem.

The decline in the HMSTR token price comes after the developers unveiled HamsterVerse, which will utilize the HamsterChain, its layer-2 network, and the HMSTR token. The platform aims to enable more developers to launch games and other tools, leveraging its technology and popularity to reach millions of users.

“One small step for a hamster, one giant leap for Hamsterkind” … We’ve been working tirelessly all this time, and today, we’re beyond thrilled to announce the launch of HamsterVerse!

The HMSTR token dropped as the countdown to the Tapswap airdrop continued. Tapswap is a tap-to-earn game on Telegram that lets users accumulate tokens by doing simple tasks like tapping a button, watching YouTube videos, and following it on social media.

Tapswap Airdrop and HMSTR Token Relationship

The successful debut of the TAPS token could potentially boost the HMSTR token. Tapswap has worked to differentiate itself from other tap-to-earn networks like Hamster Kombat and Notcoin by launching a skills-based game that is expected to give the TAPS token more utility.

Hamster Kombat Price Analysis

According to technical analysis, the HMSTR token price has been in a downtrend over the past few weeks. It recently made a strong bearish breakdown below the key support level of $0.002270, marking the lowest swing in November and December last year and representing the lower boundary of a descending triangle pattern.

As a result, the coin will likely continue to decline, with sellers targeting the all-time low of $0.00010, representing a 40% drop from its current level. A move above the resistance level of $0.002270 would invalidate the bearish outlook.

For those interested in staying up-to-date with the latest cryptocurrency news, visit Global Crypto News for more insights and analysis.