Hamster Kombat Holders Hit 11M, Can It Reclaim ATH
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Hamster Kombat (HMSTR) boasted 11 Million on-chain token holders, positioning it just behind Aptos, yet surpassing others like Immutable (IMX), Mantle (MNT), Cardano (ADA), Starknet (STRK), Polkadot (DOT), and Injective (INJ) in terms of holder count.
Hamster Kombat community on X equated the base of holders to filling over 239 Yankee Stadiums, illustrating the massive community belief and support in HMSTR’s value.
With such a vast and committed user base, HMSTR was clearly a force in the crypto world. Remarkably, 73% of the CoinMarketCap community expressed bullish sentiments toward HMSTR, signaling widespread optimism about its future prospects.
This enthusiasm was rooted in the concept that ‘Hamsters are the new whales,’ suggesting that small but numerous investors can collectively wield substantial influence over the market.
This massive backing could very well set the stage for HMSTR to lead a new wave in the cryptocurrency space.
As enthusiasm continues to build, HMSTR could be poised for potential explosive growth, aiming to soar to unprecedented heights, ‘to the moon,’ as the community could say.
This rallying cry encapsulated the fervor and high expectations surrounding HMSTR as it gears up to shake up the crypto market.
HMSTR Potential Wedge Breakout
HMSTR showed signs of a potential breakout on the lower time frames (LTFs) from a falling wedge pattern. The pattern, typically known for its bullish implications, suggests that HMSTR might be gearing up for a significant price movement.
If the price strongly flips above the wedge’s resistance line, it could set off a bullish rally. Notably, there has been an uptick in volume, indicating growing momentum and interest from traders.
