Good news of Hamster Kombat!!!!
Recently, Hamster Kombat announced that they would burn 50% of the tokens from disqualified accounts, redistributing the other 50% to honest players. This decision led to the burning of approximately 3.4 billion HMSTR tokensâŽ.
Token burns can often lead to a price increase because they reduce the overall supply of the token, making the remaining tokens more scarce. This scarcity can drive up demand, potentially increasing the tokenâs price. However, itâs important to consider other factors such as market sentiment, overall crypto market trends, and the projectâs developments.
Given the recent burn of HMSTR tokens, there might be a positive impact on the price. But, itâs always wise to stay updated on the latest news and trends in the crypto market to make informed decisions.
