Telegram's tap-to-earn Web3 game Hamster Kombat is celebrating the listing of its HMSTR token on cryptocurrency exchanges, even as the token's price is rapidly falling.

Hamster Kombat took to X to officially announce that HMSTR trading has begun. The listing news comes shortly after Hamster reported that the HMSTR airdrop had gone live, with balance withdrawal options opening at around 12:00pm UTC.

HMSTR Price Dropped 10% in One Hour

According to CoinGecko data, amid this news, HMSTR plummeted by as much as 10% in just one hour.

According to data, the value of HMSTR has dropped by about 30% in the past 24 hours, from $0.012 to $0.0087.

Hamster Kombat (HMSTR) one-hour price chart. Source: CoinGecko

According to Hamster Kombat's official announcement, HMSTR is now trading on major cryptocurrency exchanges such as Binance and HashKey.

The announcement from HashKey said that HMSTR began spot trading with Tether (USDT) at 12:00 noon UTC, while withdrawals are expected to begin on September 27 at 12:00 noon UTC.

HashKey notes that “HMSTR deposits and withdrawals will be available via the TON network.”