Hamster Kombat's price has taken a hit, and it's not looking good for investors. The token's value has been on a downtrend since entering the market, dropping by 93% from its high of $0.23 on July 31 to $0.016 on September 13 ¹. Although there was a brief recovery, the price is still struggling to gain momentum.
Experts predict that the token's price will likely range from $0.001 to $0.07, which is devastating news for investors who were expecting a bigger payout ². To put this into perspective, if you have 1,000 HMSTR tokens, your potential earnings would be between $1 and $70 ². Not exactly the kind of returns investors were hoping for.
The controversy surrounding the airdrop hasn't helped, with allegations that the team prioritized influencers and implemented vesting for tokens without properly announcing it ². This has led to a loss of trust among the community, with many calling for a boycott of the game.
#BinanceLaunchpoolHMSTR Hamster Kombat's Price Predictions:
Short-term price target:_ $0.10 ¹
Alternative scenario:_ Fall back to $0.015 ¹
Expected market cap:_ $504 million to $567 million ²
It's unclear what the future holds for Hamster Kombat, but one thing is certain - the team needs to rebuild community confidence and address the concerns surrounding the airdrop and token vesting ².