The post Hamster Kombat Token Listing Today at 12 UTC: Here’s HMSTR Coin Price Prediction at the Launch appeared first on Coinpedia Fintech News
Hamster Kombat video game has created a huge buzz within the markets as it allows you to mine Hamster coins managed by a virtual crypto exchange. This has led the crypto space on fire as hundreds and millions of players are constantly tapping their screens, hoping to get some coins. The HMSTR token is about to go live at 12 UTC on the Open Network (TON), where the players can now finally pay off their telegram tapping.
With the pre-sale price around $0.1, here is the Hamster Kombat price prediction after the launch.
The markets have witnessed numerous airdrops in history that became popular in a short while. Most of the tokens witnessed a steep plunge after the launch, as the price of the token usually spikes at the launch. A similar pattern has been witnessed with the most popular airdrop, UNI, followed by others like ARB, BLUR, etc. and many more. Therefore, the HMSTR token is also expected to witness a similar fate and experience massive volatility.
Source: Coincodex
The above chart shows the pre-sale price rally of the HMSTR token, which marked levels above $0.75 during the launch. Since then, the levels have been plunging hard and reached close to $0.1 at the moment. The official launch is expected to elevate the levels back to their highs or may even push them above $1 in case of an extended bullish action. However, the possibility of the price sustaining above the gains remains extremely low.
Therefore, the HMSTR coin price may witness a similar price action seen with the other sir-dropped tokens. However, the markets are gearing up to enter the final quarter, which has been historically bullish. Therefore, the Hamster Kombat coin price is expected to initiate a strong rebound and mark greater highs. Presently, all eyes are on the official launch and the upcoming monthly close.
