Psychologically $HMSTR has been shattered into pieces
This token was launched with a lot of expectations and huge hype from experts who predicted huge profits after its launch.
However, reality says otherwise, with the price of HMSTR falling more than 38% in the last few days, disappointing players and investors.
The token, which was launched on September 26 2024 on various crypto exchanges including Binance, faced many problems even before its launch.
Reporting from Coingape, after launch, HMSTR experienced a price spike of up to $0.01004, but quickly fell again. Currently, its value is down by 46% to $0.005411. Trading volume for this token also continues to decline, dropping 35% to $157,660,895 in the last 24 hours.
As of October 2, 2024, HMSTR is selling at $0.0047, marking an 11% decline in the last 24 hours.
High volatility and token distribution that is considered unfair by users are the main causes of this price drop.
Even though Hamster Kombat has a very large user base, with more than 300 million users, the airdrop distribution to 131 million users did not have the positive impact that was expected.
Many users felt that the distribution rules before the airdrop favored influencers, giving rise to a sense of injustice.
#HMSTR The dev team left community
so, community left the token
I'm pretty sure not many CEOs will continue season 2, including me đ
