Hamster Kombat: 93.95% of Tokens Held by Five Wallets

Once a promising contender in the crypto space, Hamster Kombat (HMSTR) is now facing a harsh reality. Just three days after its launch, the token has plummeted by 42%. The true control of HMSTR lies in the hands of a select few, with five wallets holding 93.95% of the total supply.

The largest wallet commands an astounding 61% of all tokens, effectively becoming the master of the asset's future. The second-largest wallet, which holds 14%, is owned by Binance, the largest cryptocurrency exchange. This situation raises significant concerns about the distribution of tokens and the concentration of power.

While the project's founder may be celebrating early success, many smaller investors are left feeling disheartened, holding only a small share of the asset.

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