Hamster

Notcoin

2024

Hamster Kombat

Hamster Kombat’s token fell sharply days after the viral Telegram mini-game airdropped millions of tokens to users. 
Trading data revealed that Hamster Kombat (<a href="https://crypto.news/price/hamster-kombat/" target="_blank">HMSTR</a>) plunged nearly 60% since its token generation event and exchange listing on Sept. 26. HMSTR’s debut price was around $0.012 across platforms like Binance and decentralized trading venue Ebi. 
At press time, the cryptocurrency was trading for less than $0.0058 and has steadily declined since its late September launch. 
<figure class="wp-block-image size-full">
 <img loading="lazy" decoding="async" width="1113" height="653" src="https://crypto.news/app/uploads/2024/09/HMSTRUSDT_2024-09-30_15-22-42.png" alt="Hamster Kombat down 59% after airdrop - 20" class="wp-image-14300705">
 <figcaption class="wp-element-caption">
 24-hour HMSTR price chart – Sept. 30 | Source: <a href="https://crypto.news/price/hamster-kombat/" target="_blank">crypto.news</a>
 </figcaption>
</figure> 
Hamster Kombat became a popular mini-game on The Open Network (<a href="https://crypto.news/price/toncoin/" target="_blank">TON</a>) and private messenger app Telegram, promising to outshine other projects like Notcoin (<a href="https://crypto.news/price/notcoin/" target="_blank">NOT</a>). Its pre-launch growth seemed undeterred by listing delays and postponements, as over 150 million users logged in to Hamster Kombat’s official game. 
 You might also like: <a rel="" href="https://crypto.news/supposed-hamster-kombat-co-founder-launches-new-game/"> Supposed Hamster Kombat co-founder launches new game </a> 
Since listing, an exodus has swept across the web3 game’s community. Users have been leaving the project’s Telegram and other social media town halls as HMSTR’s price plummeted. What several participants described as a lackluster token airdrop is likely the main reason for subdued price action and reduced community engagement. 
More than 131 million accounts were <a rel="" href="https://x.com/hamster_kombat/status/1839321940592410918" target="_blank">eligible</a> for the HMSTR distribution, but users <a href="https://crypto.news/hamster-kombat-launches-listing-but-community-is-still-unhappy/" target="_blank">expressed</a> displeasure with individual token allocations. Public sentiment suggested boycotting the project hours before its token was listed, and post-distribution responses echoed similar opinions. 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper"> 
 <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 Dear CEOs, 💥 Hamster family is truly an unstoppable force! 🚀 Over two-thirds of the airdrop have already been distributed between our players. 🪙 30+ million users have already started trading <a href="https://twitter.com/search?q=%24HMSTR&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank">$HMSTR</a>, with more joining every second. 🚧 Due to overwhelming demand, you might…— Hamster Kombat (@hamster_kombat) <a href="https://twitter.com/hamster_kombat/status/1839321940592410918?ref_src=twsrc%5Etfw" target="_blank">September 26, 2024</a>
 </blockquote>
 <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div>
</figure> 
Nevertheless, the anonymous team plans to push ahead with the TON-powered blockchain game. Last week, Hamster Kombat updated its roadmap to include future non-fungible token support. HMSTR developers also <a href="https://crypto.news/hamster-kombat-hints-at-nfts-web-app-after-airdrop/" target="_blank">disclosed</a> a web app targeting desktops and smartphones, along with NFT integrations and another airdrop round dubbed “Season 2.” 
 Read more: <a rel="" href="https://crypto.news/hamster-kombat-hints-at-nfts-web-app-after-airdrop/"> Hamster Kombat hints at NFTs, web app after airdrop </a>

Hamster Kombat down 59% after airdrop

crypto.news

Other articles published on Sep 30, 2024

Former Chinese Finance Minister Calls for Closer Study of Cryptocurrency

UK crypto ATM operator pleads guilty to fraud, money laundering charges

Here’s the Solana Price If It Captures Total Ethereum Market Cap

Coinpedia Fintech News

4 times key players in crypto were accused of insider trading

Cypher Capital Participates in $12M Private Funding Round for AI-Powered Web3 Metaverse SecondLive

Join our free newsletter for daily crypto updates!