The HMSTR token initially launched with an impressive market cap of $615 million, but this has since dropped to $5 million. Currently priced at 0.005425 USDT, the token has seen a decline of -9.87%. Despite this downturn, HMSTR is gaining attention as a trending asset. Market speculation suggests that if Bitcoin reaches $71k, HMSTR could potentially see a 2x return, driven by its growing popularity and trend-following investors.
As a token connected to a game, HMSTR has a total supply of 100 billion tokens. At launch, 64.375 billion tokens (64.375%) were circulating, with the following allocations:
53.25% for airdrops,
3% for Binance mining,
4% for liquidity,
4% for marketing, and
0.13% for partners.
Despite the broader market downturn, investors remain cautiously optimistic. Many are holding HMSTR in hopes of positive returns, especially if market conditions turn bullish. However, prudent money management and careful risk assessment are recommended.
