The decline of Hamster coin is due to several factors that affect the fluctuations of cryptocurrency prices in general. First, there is the supply and demand factor; if there is an oversupply of Hamster coin or a lack of demand, this will lead to a decline in the price. Second, the price of the coin depends on the general trends in the cryptocurrency market; if the market is experiencing a decline in confidence or is under pressure, the price of Hamster coin will also be affected.
Also, regulatory interventions may play a role in price volatility, as the issuance of new laws or the imposition of restrictions on trading raises concerns among investors. Other factors include global economic trends, as economic crises or rising interest rates may affect the withdrawal of capital from the market. In addition, the coin may be affected by negative news or a lack of innovation and updates in its projects, which leads to a weakening of investor confidence.
As for the continuation of the decline, it depends on the response of the coin team and the overall market environment. If the negative trends in the market continue and regulatory challenges increase, the decline may continue. But if positive steps are taken, such as launching updates and expanding the community, this may enhance the chances of stability and growth.