The long-awaited Hamster Kombat (HMSTR) airdrop has ended in huge disappointment in the crypto community. The “tap to earn” game on Telegram, which had generated a lot of interest, saw its token launch turn into a disaster on September 26, 2024.

Let’s take a look at the reasons behind this resounding failure that is rocking the crypto world. A controversial distribution that sparked anger among participants, the Hamster Kombat Airdrop quickly turned sour right from its launch. The problems began with a series of unexpected disqualifications right before the event. Many active participants, who had spent time and resources accumulating points, found themselves disqualified without notice. The decision was seen as unfairly favoring influencers over regular players.

“We played by the rules for months, only to see our efforts nullified in favor of a handful of crypto luminaries,” one frustrated community member stated on X. This sense of betrayal quickly spread throughout the HMSTR ecosystem, undermining the trust that had been hard-won over the months. Furthermore, successive airdrop postponements have compounded investors’ frustration. Originally scheduled for July 2024, the event has been postponed to September, officially due to technical reasons.

This lack of transparency and preparation cast doubt on the leadership team’s competence, further undermining the project’s credibility. A chaotic launch weighed heavily on HMSTR’s prospects. On D-day, the HMSTR airdrop turned into a logistical nightmare. Technical issues mounted, preventing many users from claiming or trading their tokens. This situation caused a wave of panic, adding to the selling pressure in an already fragile market.

The final blow came from the token’s launch price, which was far below expectations. Listed at just $0.01, HMSTR quickly plummeted, losing nearly 60% of its value in just a few hours. This sharp decline dashed the hopes of some unscrupulous influencers who had been maintaining unrealistic predictions of $0.10 to $0.50. In short, the Hamster Kombat airdrop will go down in history as one of the biggest disasters in crypto history. This disaster underscores the importance of careful planning and transparent communication during the launch of a new token.

It also reminds investors of the need to be extremely cautious about lavish promises in the volatile world of cryptocurrencies.

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