“Hamster Combat: Initial Hype and Price Failure – Is There Hope for a Recovery?”
Hamster Combat (HMSTR$) has seen significant volatility recently after its listing and airdrop in late September 2024. The coin’s value dropped by over 50% in just six days after its listing, due to profit-taking and a loss of confidence in the market, which was partly attributed to issues with the coin’s distribution, with a large portion of the coins being directed to influencers, which angered regular players and increased skepticism towards the project.
Currently, the coin is trading around $0.0047, with a market cap of $304.88 million, which is a significant drop from its all-time high of $0.387. However, some are still hopeful that Hamster Combat Season 2 will re-attract players and investors, which could improve the coin’s price and reverse the current negative trend.