Telegram-based game Hamster Kombat has launched its token on Binance.
The HMSTR token has a maximum supply of 100 billion.
Hamster Kombat (HMSTR) token is set to debut on Binance today at 12 pm UTC and 5.30 pm IST. It is a Telegram-based crypto game that allows users to mine Hamster coins by staking Binance Coin (BNB) and FDUSD.
The Hamster Kombat token will also be available for trading on other platforms like Bybit, Bitget, Gate.io, and KuCoin. Users can start trading HMSTR against Bitcoin (BTC), Tether (USDT), and any other tokens on Binance Convert at zero fees within the one hour of the token being live on Binance Spot.
The HMSTR token has a maximum supply of 100 billion, and 75% of this value is for the airdrop aiming to reward the community members and early players. However, only 60% have been distributed, with the other 15% coming in a future token distribution. An airdrop distribution of 3 billion HMSTR occurs in the Binance Launchpool.
Recently, the game developers announced that out of 300 million players, only 131 million had qualified for the airdrop, which makes it 65% rejection rate of players for an airdrop of 300 billion tokens. Additionally, 2.3 million player accounts blocked for cheating by the game developers.
On the other hand, Bybit provided early access to pre-market trading that started on July 8, 2024. During the pre-launch period, HMSTR tokens traded at $0.01023 per token, allowing participants to speculate on the value of their holding
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