Hamster Coin (#hamsterkombat ) is a cryptocurrency that has recently emerged as part of the new wave of cryptocurrencies that seek to capitalize on the popularity of digital currencies. It was launched in 2021 and is classified among the "#MemeWatch2024 " coins such as $DOGE and $SHIB . The goal of these coins is not only to provide new financial solutions, but also to ride the wave of popular marketing that relies on humor or humor to attract the investor community.
What are the qualifications of Hamster Coin:
1. Community Marketing:
Successful cryptocurrencies are known to rely heavily on community support, and Hamster Coin is no exception. It relies on online communities like #Reddit and Twitter to attract interest and investment. Users of these platforms participate in spreading news about the coin and work to strengthen its community.
2. Trading infrastructure:
The currency is available for trading on many smaller exchanges, and is supported by wallets and trading platforms such as PancakeSwap, making it accessible to a wide range of investors.
3. The concept of decentralized finance (#DeFi ):
Hamster Coin participates in the decentralized finance ecosystem, where holders can participate in features such as digital farming (staking) and instant trading without a central intermediary.
4. Supply economics:
Hamster Coin is similar to other coins with a large supply, as it has a huge amount of tokens, making it accessible to everyone. However, this large supply may lead to a dilution of the value of the coin in the long run unless demand increases significantly.
Future prospects and currency price:
1. Community demand:
Hamster Coin relies heavily on the community’s ability to promote it, with social media platforms playing a major role in the spread of the coin. If the growing interest from the community continues, the coin could see a rise in price, despite its high volatility.
2. Technical developments:
If new technical updates are introduced to the coin's platform or related projects are launched, this may stimulate the market to buy more of it.
3. Strong competition:
There are a large number of meme type cryptocurrencies available in the market such as $CATI
, which puts Hamster in a tough competition. To keep investors interested, the coin must offer added value or strong support from celebrities or tech companies.
4. Risks:
Like many funky cryptocurrencies, Hamster Coin remains high-risk. Rapid price rises can be followed by sharp declines due to the lack of sustainable economic data behind the coin.
Will it be expensive?
It is difficult to accurately predict the price of any cryptocurrency, especially one that is highly community-driven and popular like Hamster Coin. However, coins with a large supply tend to have relatively low prices, unless they experience an unexpectedly large demand surge. Hamster Coin’s price rise largely depends on its ability to maintain high popularity and find new practical uses.
Number of Hamster Coins and how they are distributed:
Hamster Coin has a massive total supply of 10 quadrillion tokens (10,000,000,000,000). This large supply is similar to what we see in other meme coins like Shiba Inu, where huge amounts of tokens are offered to keep the price per unit low and attract investors with small budgets.
How to split hamster coin:
Upon launch, the tokens were divided into a specific structure to cover multiple aspects:
1. Burning:
A certain percentage of tokens are burned (i.e. removed from the available supply) at the start of the project. Burning is a process that aims to reduce the overall supply of tokens and thus increase the potential value of the remaining tokens. The exact number of tokens burned at the start is not announced, but it is common for a percentage of tokens to be burned at different stages to support price stability.
2. Public Distribution:
A large portion of the coins were distributed to the community through trading on decentralized platforms such as PancakeSwap, where users can freely buy and trade the coin.
3. Distribution to Liquidity Providers:
A portion of the tokens is allocated to provide liquidity on decentralized platforms, ensuring that the currency is easily tradable without significant price fluctuations when buying or selling.
4. Team & Development:
A small percentage of the tokens is allocated to the development team and future operations to ensure continued work on the development of the currency and related projects. This percentage is usually locked for a certain period (Vesting Period) so that the team cannot sell it directly.
5. Marketing & Partnerships:
Another portion of the tokens is allocated for marketing and partnership purposes to promote adoption of the currency and raise awareness about it by collaborating with influencers or organizations.
Division Summary:
- General distribution: The largest part of the tokens is distributed to 104 million users + a 10% discount for the start of the bot, second phase
- Burning tokens: to reduce supply and increase value.
- Liquidity providers: to support trading.
- Team and Development: To support the development of the currency.
- Marketing and Partnerships: To support brand promotion.
The goal of this structure is to stimulate long-term growth while maintaining currency stability and attracting investors.
conclusion:
Hamster Coin is one of the cryptocurrencies that relies heavily on community and popular marketing. Its future is not entirely guaranteed, but it mainly depends on external factors such as community interest and new technical developments.
