The listing of Hamster Kombat is now just a few hours away, and many are wondering at what price this highly anticipated cryptocurrency will be listed. Let’s explore a few scenarios to try and estimate this price.
So far, the most successful projects among cryptocurrencies from Telegram mini Apps or the Tap-to-Earn model are Notcoin and DOGS, which represent the top two successes.
The performance of cryptocurrencies following a hype generally decreases based on their order of appearance. According to this theory, the earlier cryptos in a hype tend to perform better than those that follow. Following this logic, Hamster Kombat would have less chance of surpassing Notcoin or DOGS in terms of performance, particularly in terms of Market Cap.
Let’s consider the scenario where Hamster Kombat has the same Market Cap as Notcoin at its listing. At launch, Notcoin’s Market Cap was around $800 million on its first day of trading, with all its tokens in circulation (102,719,221,714 tokens, or 100% of the total supply). For Hamster Kombat, 64,375,000,000 tokens (or 64.38% of the total supply) will be in circulation at the time of listing. If Hamster Kombat reaches a similar Market Cap to Notcoin, the price of $HMSTR would be approximately $0.012. This would be an ideal scenario.
As for DOGS, at launch, 516,750,000,000 tokens (or 93.95% of the total supply) were in circulation, and its Market Cap stabilized at around $600 million on the first day of trading.
If we follow this Market Cap decline and assume that Hamster Kombat’s Market Cap stabilizes at around $400 million on the first day of trading, the price of $HMSTR would be about $0.006.
In summary, we can estimate that the price of $HMSTR will be between $0.006 and $0.012 at its listing.
Tell us in the comments, what is your price projection for Hamster Kombat?
Remember, all the hypotheses presented here are just estimates and do not constitute investment advice.
