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Hamster Kombat founders will create an ecosystem around the HMSTR token The anonymous creators of the Hamster Kombat clicker game told Wired about their intention to build an ecosystem of interconnected games and services centered around the yet-to-be-released HMSTR token. The developers behind the project still refuse to give their names or speak to journalists by voice for fear of de-anonymization. The Hamster Kombat team currently consists of 50 people. There are no headquarters, everyone works remotely. The founders said that they have worked for 15 years in "professional gaming", but did not specify details. They allegedly mined bitcoin and traded it when the price of the asset was below $100. The idea for Hamster Kombat came about in January 2024 amid the success of Notcoin. According to the developers, the clicker's audience reached 300 million people in the four months since its launch. "We knew the only way for us to grow was to make everything in the game viral. We simply didn't have $50 million to spend on marketing," the creators said. According to them, Hamster Kombat has no outside investors, but the project is already generating revenue from the sale of advertising inside the game, on YouTube and in Telegram. The founders did not disclose specific results. In a white paper released on July 30, the developers of Hamster Kombat called their potential airdrop "the largest in the history of cryptocurrencies," but did not specify even the approximate timing of its implementation. According to the document, 60% of the volume of HMSTR issued is intended for players, while the remaining tokens are intended to provide market liquidity, partnerships with the ecosystem and grants, rewards and other purposes. #HamsterKombat
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Lark Davis: the crypto market is in dire straits Well-known cryptocurrency expert Lark Davis noted that the cryptocurrency market is going through a difficult period after the value of Bitcoin (BTC) fell below $62,000. This led to the withdrawal of more than $312 million from the market for August 3, 2024. This state of affairs is due to massive selling in the stock market due to fears of a possible recession in the US economy. Lark noted that the sector in the United States today is in crisis. This includes poor quarterly profitability results, the number of applications for unemployment benefits, the unemployment rate rising to 4.3%, and the ISM industry manufacturing index falling to 46.8. The Federal Reserve (Fed) has not yet announced an interest rate cut. However, measures to increase the interest rate are eventually starting to take their toll on the labor market. Davis noted that Fed Chairman Jerome Powell's announcement of a possible cut in September has caused mistrust among financial market participants. According to the researcher, this is directly related to fears that the regulator has already cut the interest rate too late and a postponement could lead to more damage. The Federal Reserve remains committed to a policy of higher interest rates and expects GDP growth. Meanwhile, Davis emphasized that even the U.K. has decided to cut its interest rate from 5.25% to 5%. "Thus, the US is becoming more and more isolated in its decision," the popular blogger and analyst noted. "Now we can only hope that the unemployment rate does not increase and sufficient money supply helps the market recovery. The chance of the Fed lowering the interest rate by 0.5 percentage points in September is already 69%," the expert emphasized. As of August 4, the cryptocurrency bitcoin was trading at $60,820. This figure has fallen by 10.6% over the past week. $BTC
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An unnamed trader made $24 million on the WIF cryptocurrency LookOnChain experts have drawn attention to an incredible deal related to the WIF (dogwifhat) cryptocurrency. The owners of 5 wallets at once, possibly belonging to one person, sold 14.53 million WIF worth $24 million tonight. Interestingly, this investor purchased a similar amount of WIF, on November 30, 2023 for only $5340. Thus, his profit amounted to an impressive 4497x. If this trader had sold the WIF at the highest price, his profit could have been over $69 million, yielding a 12,927x increase in his investment. This case is a prime example of the possibility of high returns in the meme cryptocurrency market, which is characterized by high volatility and risk. Dogwifhat (WIF) is one of the most popular meme cryptocurrencies that entered the market in late 2023. Its success has a lot to do with the trend of memes and viral spread on social media. WIF was originally conceived as a joke, but quickly gained popularity among investors due to its original concept and the support of influential figures in the crypto community. The popularity of WIF is due to several factors. First, the use of memes to promote the cryptocurrency made it recognizable and interesting to a wide audience. Second, due to the low initial rate, many investors were able to purchase a significant number of tokens for a small amount of money. This helped the value of the asset grow as demand increased. WIF's success story is also due to its strong community support and integration with various platforms and services. This allowed the token to quickly gain momentum and become one of the leaders in the meme cryptocurrency market. However, as with other cryptocurrencies, investors should keep in mind the high volatility and possible risks associated with such investments. $WIF
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Cryptocurrency Deflation Explained in Simple Terms Cryptocurrency deflation is the process by which the total number of coins or tokens in circulation decreases over time. This can happen for various reasons and has its consequences for the value and economy of the cryptocurrency. Main Causes of Cryptocurrency Deflation: 🔵 Token Burn Mechanism: This is a process where part of the cryptocurrency is intentionally destroyed to reduce the total supply. The creators of the cryptocurrency send coins to a so-called "dead address," from which they cannot be retrieved. 🔵 Limited Supply: Some cryptocurrencies have a pre-set maximum limit of coins that will never be exceeded. For example, Bitcoin (BTC) has a limit of 21 million coins. Once this amount is reached, no new bitcoins will be created. 🔵 Loss of Access to Cryptocurrency: Users can lose access to their crypto wallets due to loss of passwords or private keys. When access is lost, the coins in these wallets can no longer be used. Consequences of deflation: rising value, motivation to hold, reduced inflation. $BTC $SOL $BNB
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#lBrace yourselves!!! BTC has slipped below $59k, and ETH is now under $2,700. Is there a better time to buy, even if it brings a tear to your eye 🥹? $BTC $ETH
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最新ニュース
Ethena 創設者が 5,000 万ドルの USDe 償還が順調に行われたことを報告
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ブラックロック、フィデリティ、グレイスケールの取引量が急増
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BNBは24時間で9.96%の減少に抑えられ、460 USDTを超える
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ビットコイン(BTC)は24時間で9.46%の下落に抑えられ、54,000 USDTを超える
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