It has seen significant volatility since its debut on major cryptocurrency exchanges. It was initially launched at $0.014, but quickly dropped by over 29%, now valued at around $0.007 after listing. The launch was tied to a massive airdrop, where 60 billion HMSTR tokens were distributed to over 131 million eligible participants, but it faced criticism from users due to exclusions and technical issues. Some communities have also expressed disappointment with the low value compared to expectations. After months of participation, many have been left disappointed by the returns. The utility and long-term sustainability of the coin have been questioned, with many feeling misled by the promotional campaign.
While the airdrop continues, with more airdrops in the pipeline, market reaction remains volatile, and there are ongoing concerns about the viability of the project.
Despite the high expectations for the project, Hamster Kombat appears to be facing challenges regarding its credibility and market price. No one can predict the price movement, but overall it seems that the distribution process leading up to the launch contributed significantly to this wave of criticism and uncertainty.#BinanceLaunchpoolHMSTR#LAUNCHPOOLTOKEN#Marketsentimentstoday#BinanceSquareFamily#HamsterKombat$HMSTR