After the Hamster Combat Airdrop, many players were surprised that HMSTR did not live up to expectations, which is why most of them sold the cryptocurrency immediately after its launch. But what else is going on?
HMSTR token was launched on several exchanges at 12:00 GMT. The cryptocurrency community initially speculated on the price, and it eventually started trading at $0.014.##hamsterkombat
However, just a few minutes later, the price of HMSTR dropped by 20% due to heavy selling. This goes against the prevailing market trend, where prices have been rising significantly. Currently, the price of HMSTR is $0.0069 and has dropped by 30% in the past 24 hours.
Trading volume on the back of the price decline exceeded $1 billion. Trading volume is an indicator of interest in cryptocurrencies. When trading volume increases, trading activity increases. Conversely, a decline indicates the opposite.
#AirdropGuide #BinanceTurns7 #MarketDownturn
