Hamster Kombat’s HMSTR token has witnessed a dramatic 20% drop in its price, sparking discussions among airdrop winners.
Initially trading at $0.014, the token’s price dropped to approximately $0.011 after its listing.
Hamster Kombat distribui tokens HMSTR
Built on The Open Network (TON) blockchain, Hamster Kombat is one of the most popular Tap-to-Earn games today. It rewarded 131 million qualified players with a distribution of 60 billion tokens in its first season.
The TON blockchain, closely linked to Telegram, has seen high user traffic following the launch of the asset. Since its launch in March, the game itself has amassed over 300 million users.
Trading began at 9 am (Brasília time) on Thursday (26), with listings on major exchanges such as Binance, OKX, Bitfinex and Bitget. In addition, the platform enabled token claims on the network, with immediate withdrawal options.
Hamster Kombat (HMSTR) chart. Source: Binance
Read more: 6 Best Exchanges to Buy and Sell Hamster Kombat (HMSTR) in 2024
Release Details
This launch serves as a significant benchmark for Hamster Kombat and also represents a crucial test for the TON blockchain. The network experienced outages during the DOGS airdrop in August. Developers had warned of the expected increased transaction load from Hamster Kombat’s extensive user base.
“We would like to notify you that starting September 26, we are expecting an increase in load on the TON blockchain. This is because the Hamster Kombat game project with over 100 million monthly active users will be minting coins on the blockchain. This is a unique event and the first of this scale for the blockchain industry,” the network said.
Additionally, Hamster Kombat revealed its strategic roadmap on Wednesday. The plan details the development of a Web3 gaming platform that integrates external payment systems and introduces new games. It also incorporates NFTs as in-game assets. Additionally, the roadmap includes the creation of a dedicated advertising network to support the games. Revenue from this network will fund token buybacks and reward distribution.
In this regard, only 43% of the game’s total user base received tokens in this airdrop. Furthermore, 11.25% of the tokens distributed during the first season are locked for 10 months. This distribution strategy and lock-up period aim to stabilize the token price and promote long-term value for holders.
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