Key Takeaways
Hamster Kombat’s HMSTR token is set to launch on Sept. 26, 2024.#BinanceLaunchpoolHMSTR
The game will airdrop 100 billion tokens to active participants.
HMSTR IOUs were worth roughly $0.0568 on Sept. 16, 2024.
Our Hamster Kombat price prediction suggests HMSTR will be worth $0.078 soon.
Hamster Kombat is a game on the Telegram messaging app based on the Toncoin blockchain. The project’s native token, HMSTR, will be launched on the open market on Sept. 26, 2024, with an airdrop of 100 billion tokens.
The platform already claims to have 300 million players, a YouTube channel with 36 million subscribers, and 55 million members on its Telegram group.
The Gate.io exchange said that, based on the value of IOUs, HMSTR would be worth $0.0568 on Sept. 16, 2024.
Let’s now look at some HMSTR price predictions made on Sept. 16, 2024. We will also talk a little about what Hamster Kombat is and what Hamster Kombat does.
Hamster Kombat Price Prediction
The HMSTR price prediction for the next 24 hours hinges on a continued decline at the rate determined by the channel.
If HMSTR follows a similar pattern, it will move toward the channel’s midline and its support trend line in the near future.
The channel’s midline is currently at $0.078, while the support trend line is at $0.023.
HMSTR Price Analysis
The four-hour HMSTR chart shows a decline inside a descending parallel channel that has been ongoing since August.
So far, both the channel’s resistance and support trend lines have been validated numerous times, most recently on Sept. 13 (white icon).
Despite the bounce, HMSTR still trades in the channel’s lower portion. This is a bearish sign that makes a channel breakout less likely.
Furthermore, the Relative Strength Index (RSI) and MACD indicator are both in bearish territory, more specifically below 50 and 0.
So, it is possible that HMSTR will continue falling inside the channel.