Hamster Kombat ($HMSTR) is an emerging Play-to-Earn (P2E) token in the gaming space, and recent news has generated excitement, leading to speculation as to where future price may lie. Given all the hype around the token, the future price of $HMSTR is uncertain, and the token faces competition from similar offerings, such as $NOT.
Short-Term Outlook
In the short term, it is likely that $HMSTR will have a price bounce. Airdrops will take place on September 26, distributing 60% of the total tokens back to the player base with the remaining amount (40%) allocated for liquidity. With that said, and the increased speculation of a listing on Bitfinex, the airdrop will bring visibility and liquidity to the token, allowing traders to enter and realize some short-term profits. If the listing occurs, the token price may elevate to $0.10 or even $0.20 if market prices are positive.Â
Long-Term Outlook
Long-term forecasts for $HMSTR are slightly more complicated. It is clear that there are notable differences between $HMSTR and another P2E token called $NOT. Although $NOT has secured strong partnerships and continuous utility in the gaming space, the long-term outlook of $HMSTR will depend upon its ability to keep and grow its player base, implement new updates, and build strong partnerships. So long as Hamster Kombat can firmly establish its ecosystem and provide a competitive reward structure, it will likely sustain value over the long-term, with a price target between $0.50 and $0.81, at any time within the next year, (extremely ambitious).
Closing Thoughts
From an investor's perspective, $HMSTR is more speculative. In the short term, players may realize value by trading around airdrops and new exchange listings. However, for long-term holders, the most critical point will be to maintain utility within the gaming ecosystem. If a community and the possibility of listings and new projects exist, with good cause, $HMSTR can possibly return value.