Hamster Kombat is the 58th project on Binance Launchpool. Users can start staking BNB and FDUSD from 07:00 on September 19 to get a chance to win airdrop rewards. The exchange listed HMSTR at 19:00 on September 26.
Hamster Kombat is an online game on Telegram, applying the tap-to-earn mechanism. The platform provides PvP mode to diversify the user experience. The project makes good use of the tap-to-earn trend originating from the Notcoin project and plans to convert coins into HMSTR tokens in the near future.
Previously, the project confirmed its launch and airdrop on September 26. However, on some pre-market exchanges, the token price showed signs of decline instead of growth as expected by the community.
On Whales Market, the current token price is $0.00808, down 7.8%. Trading volume is $9,731.9, down 18.14%. Total trading volume is $29,391.3. Average bid price is $0.0104, average ask price is $0.0107.
On Bitget’s pre-market, Hamster Kombat is currently available under the ticker HMSTR, trading at 0.0068 USDT, up 6.25% over the past 24 hours. However, the cryptocurrency is down significantly from 0.304 USDT about three months ago. The 24-hour trading volume is 58.88 thousand USDT and the total trading volume is 2.53 million USDT.
Gate exchange recorded pre-market HMSTR at 0.06 USDT. The highest buy price was 0.0587 USDT and the lowest sell price was 0.0646 USDT.
The current pre-market price of HMSTR on Bybit is 0.06 USDT, down 1.64%. On KuCoin, Hamster Kombat trades under the ticker HMSTR, currently priced at 0.00778 USDT. The token's floor price is 0.0074 USDT. The highest bid is 0.0077 USDT. The average price on KuCoin is 0.000034 USDT.
On the XT Exchange, the HMSTR/USDT pair is priced at 0.1179, down about half from the $0.2852 mark. The highest price of the day was $0.1246, the lowest was $0.1162. After the official announcement from the project, the trading volume of HMSTR/USDT decreased, but still somewhat reflected the demand of investors.
Despite the bearish trend, the Hamster Kombat community still holds positive expectations for the token price. Many investors predict that the listing price could fluctuate between $0.2 - $0.5.
Satoshi Mining Updates - a crypto account with over 110k followers - said the pre-market price fell below the expected $0.20 - $0.30 mark and is unlikely to reach this high level upon listing. The HMSTR token conversion mechanism is likely to be at 10,000:1, much lower than NOT at 1,000:1.
Some users offered a price of $0.90 but it did not receive much support because it was too high compared to the actual trading status and the general trend of the tap-to-earn project team.
Hamster Kombat just launched at the end of March and has achieved many impressive milestones with more than 78 million users, about 6.5 million concurrent players and millions of followers on social networks. The project is interested in part because of the "fever" of NOT tokens with similar mechanisms launched in the previous phase. Investors participate in mining HMSTR with the expectation of attractive profits when the project officially launches.