Introduction
Hamster Kombat’s native token, **HMSTR**, is set to launch on Sept. 26, 2024, with a massive airdrop of 100 billion tokens. The game, built on the **Toncoin blockchain** and available on the Telegram messaging app, has quickly gained attention with claims of 300 million players. This article dives into the HMSTR price analysis and explores what lies ahead for this token.
## Key Takeaways
- **Launch Date**: Sept. 26, 2024
- **Airdrop**: 100 billion tokens
- **IOU Price on Sept. 16**: $0.0568
- **Predicted Price**: $0.078 soon after launch
## Hamster Kombat Price Prediction
According to **Gate.io**, based on the value of IOUs, HMSTR would be worth approximately $0.0568 as of Sept. 16, 2024. Analysts suggest it could reach **$0.078** soon after. However, the market's volatility and a current bearish trend leave much uncertainty.
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## HMSTR Price Analysis
### Short-term Forecast
HMSTR has been trading within a **descending parallel channel** since August. Despite brief support validations, bearish signs persist, including an **RSI** under 50 and a **MACD** in negative territory.
**Support Level**: $0.023
**Resistance Level**: $0.078
### ATR and RSI Indicators
- **ATR** (Average True Range) on Sept. 16, 2024: **0.0315**, indicating moderate volatility.
- **RSI** (Relative Strength Index): **33**, pointing to oversold conditions.
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## Hamster Kombat Price History
HMSTR's value based on IOUs has dropped significantly over time, moving from a launch price of **$0.2322** in July to a low of **$0.0568** by mid-September.
| Time Period | Price |
|-------------|--------------|
| Launch (July 31, 2024) | $0.2322 |
| All-time high (Aug. 1, 2024) | $0.2494 |
| Last week (Sept. 9, 2024) | $0.079 |
| All-time low (Sept. 16, 2024) | $0.0568 |
## Supply and Distribution
**Total Supply**: 100 billion
**Circulating Supply**: None (as of Sept. 16, 2024)
## What is Hamster Kombat?
Hamster Kombat is a **crypto exchange CEO simulator game** with its own token, HMSTR. Players must complete tasks to grow their exchanges and earn passive income. Rewards are paid in HMSTR, with the game claiming 300 million active players since its launch in March 2024.
## Is Hamster Kombat a Good Investment?
While Hamster Kombat is generating buzz, **Web3 gaming** is currently in a challenging space. The project's success depends heavily on its ability to stand out in a crowded mobile gaming market.
**Pros**:
- Large user base (300 million players).
- Bold claims about Web3 adoption.
**Cons**:
- High market competition.
- Unproven ability to retain long-term users.
## FAQs
**What is the total supply of HMSTR?**
100 billion tokens will be issued, but none were circulating as of Sept. 16, 2024.
**What is the Hamster Kombat price prediction?**
Our analysis suggests a possible price of **$0.078** in the short term, but volatility could drive it lower.
## Disclaimer
The contents of this article do not constitute financial advice. Always do your own research before investing, and never invest
more than you can afford to lose.