Disappointment of users, loss of advertisers, drop of the rate 3 times. And even after that $HMSTR has a capitalisation of $400M
At the moment the coin rate is 4 cents with a total issue of 100 billion coins, hence the capitalisation is as much as 400 million dollars, which is a very good result for a failed coin.
Based on this, I can say that $HMSTR can still interest users, and a relatively stable price with good circulation is proof of this. In this article we will analyse the reasons why the project is still worth something.
DEX support
In a Gemsquads voting on https://STON.fi by users, the HMSTR in was nominated to be added to the Farming programm, with an award of 3,296 STON (at the current exchange rate of about $13,000).
The Farming programme is an additional incentive for liquidity providers, and the additional liquidity increases the stability of the coinâs price. Specifically, STON.fi has $1 million in the HMSTR/TON pool and $277,000 in the HMSTR/USDT pool.
Good for everyone â the pool gets an additional liquidity boost, and the providers get a good APR: for the pair with TON it is 43%, and for the pair with USDT â 41%.
CEX support
Lunchpools and lunchepads on centralised exchanges have attracted additional interest to hold coins.
But most importantly, it is the very fact of listing on popular exchanges, as the big three, always attract investment in the coin.
In addition, there was an incredible number of posts on Binance Square about the imminent listing of $HMSTR, and obviously not always with adequate price assumptions. This among other things led to the stabilisation of the coinâs value. By the way, #HMSTRPricePrediction is still very popular in Binance Square, and the posts under this tag are quite⊠hilarious.
Staking in Telegram Wallet
For the listing of $HMSTR Wallet in Telegram prepared Staking programm with 30% APR for blocking coins in the wallet.
While the coins were still in the wallet, which was almost inactive at the time of listing, due to the sudden influx of users, the price of coins was falling, and the bulk of the Walletâs audience did not want to sell at a low price.
Swap guide:Â https://ston.fi/buy-sell-hmstr-token-price