👀 Binance Invites Controversy With Hamster Kombat Listing, Eyes 200 Million Player Base


Binance recently announced its plans to list Hamster Kombat (HMSTR) as the 58th project on its Launchpool. This declaration sets the stage for trading to start on September 26, 2024, at 12:00 UTC.

🔸 Is Binance Trying to Onboard Hamster Kombat Users?

Binance will apply a seed tag to HMSTR, indicating it as a volatile project. To trade tokens marked with this tag, users must pass quizzes every 90 days.

Amidst the announcement, Binance issued a caution.

💬 “Any claims to offer this token for sale before the stated timeline are likely to be false advertising. Please do your own research to ensure safety of your funds,” Binance warned.

Meanwhile, the Hamster Kombat launch on Binance ignited a storm of backlash, notably on social media platforms like X (Twitter). This is because Hamster Kombat has been plagued by controversies, including its tap-to-earn model, frequent airdrop delays, and internal conflicts.

Critics argue that such projects might fail to meet the high expectations of their vast player base.

💬 “Binance listing Hamster Kombat. This only makes me believe that Binance ain’t special anymore,” crypto enthusiast Joshyy said.

However, Binance’s decision to list HMSTR might be a strategic step towards capturing the massive user base of Hamster Kombat, which boasts over 200 million players. A significant portion of these players are newcomers to the cryptocurrency ecosystem. By listing HMSTR, Binance opens the door to a new wave of crypto enthusiasts.

Furthermore, Binance is expanding its focus beyond individual tokens to the broader Telegram crypto ecosystem. This includes Binance Labs’ investment in Blum, a decentralized exchange (DEX) that functions as a Telegram mini-app.

Not to mention, Telegram’s platform, with its 950 million monthly active users, has become a fertile ground for developers launching mini-apps aimed at this vast audience.

#BinanceLaunchpoolHMSTR #HamsterKombat