I am a Product Manager with expertise in cryptocurrency and Web3 product development. I also enjoy participating in cryptocurrency trading for fun. DYOR!
After months of anticipation, Hamster Kombat has officially announced the date for its much-awaited airdrop, set for September 26, 2024. This announcement comes on the heels of the game surpassing 300 million players, marking it as one of the most significant events in the crypto gaming world.
The Airdrop Strategy: Unlike traditional airdrops, Hamster Kombat's approach involves a unique metric where keys and player activity significantly influence the airdrop size. This strategy ensures fairness and engagement across all player levels, not just those with the highest in-game balances.
Player Engagement: The community's excitement is palpable, with over 80 million active players in the last month alone. The game's developers have been transparent about the challenges of scaling such a massive airdrop, especially following network congestion issues on TON after the DOGS token launch.
Tokenomics: While specifics on the total supply remain undisclosed, it's confirmed that 60% of the HMSTR token supply will be allocated for this airdrop. This move is designed to be the largest airdrop in crypto history, aiming to onboard a billion users into Web3 through gaming.
Market Impact: The anticipation around this event has already seen pre-market trading of $HMSTR on various exchanges like KuCoin, reflecting high investor interest despite broader market volatility.
Future Prospects: Beyond the airdrop, Hamster Kombat is expanding its ecosystem with features like the Playground, integrating third-party games, and planning multiple income streams to sustain the token's value post-launch.
The countdown has begun for what could redefine crypto gaming airdrops, with Hamster Kombat setting the stage for an unprecedented event in the blockchain gaming space. Stay tuned for more updates as we approach the historic date!
This year, a noticeable trend in the blockchain technology industry is the rebranding of major projects. This strategic shift may be to reposition their brands, attract new attention, or better align their vision.
Polygon has announced changing its token name from $MATIC to POL. This move is part of Polygon's plan to upgrade its network to version 2.0 to improve performance and flexibility.
MakerDAO, with its rebranding as Sky and the introduction of USDS (upgraded DAI) and the SKY token (replacing $MKR at a 1:24,000 ratio), allows users to stake USDS for SKY rewards.
$DOGS pump. Is anyone still holding? Despite the pump, we're still far from the OTC price of $0.002. Hitting a 1 billion market cap could be key; consider setting orders before that milestone. The price of $DOGS at this milestone will be $0.019
$TON currently ranks first on Gems of Smart Dex Traders by iCrypto. Smart DEX Traders have accumulated 751.50K $TON tokens, worth 4.04M, in the last 7 days. The current price is $5.37, slightly below the average buy price of $5.55.
This morning, TON hit a snag with network congestion, stopping block creation for around five hours.
Speculations flew about the cause, especially following the recent arrest of Telegram's founder. But, it seems the real culprit might have been $DOGS , with a sudden spike in trading after a market dip.
The rush to sell $DOGS , likely due to fears of a broader market dump, overloaded TON, making it hard for the network to handle the transaction flood.
The good news is that the team fixed it.
The takeaway: This event highlights that TON's infrastructure needs beefing up for mass adoption. Future upgrades are a must for smoother transaction handling.
The current premarket price of $DOGS is $0.004. With a circulating supply of 401.5 billion $DOGS at listing time, the market cap would be: $0.004 * 401,500,000,000 = $1,606,000,000. So, $DOGS will have a market cap of $1.606 billion when listing.
The market cap of $DOGS is significantly higher than $NOT which had a market cap of around $800M at listing. Therefore, in my opinion, the price that $DOGS could reach should be: $800,000,000 / 401,500,000,000 = $0.00199 So, the price of $DOGS could potentially be around $0.002.
The current premarket price of $DOGS is $0.004. With a circulating supply of 401.5 billion $DOGS at listing time, the market cap would be: $0.004 * 401,500,000,000 = $1,606,000,000. So, $DOGS will have a market cap of $1.606 billion when listing.
The market cap of $DOGS is significantly higher than $NOT which had a market cap of around $800M at listing. Therefore, in my opinion, the price that $DOGS could reach should be: $800,000,000 / 401,500,000,000 = $0.00199 So, the price of $DOGS could potentially be around $0.002.
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CryptoBlockDev
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Bullish
Exciting news! Binance Launchpool's 57th project is Dogs (DOGS), a new $TON memecoin. Starting 2024-08-23, stake your BNB and FDUSD to farm DOGS over 3 days. Binance will list DOGS on 2024-08-26, offering trading pairs with USDT, BNB, FDUSD, and TRY.
Exciting news! Binance Launchpool's 57th project is Dogs (DOGS), a new $TON memecoin. Starting 2024-08-23, stake your BNB and FDUSD to farm DOGS over 3 days. Binance will list DOGS on 2024-08-26, offering trading pairs with USDT, BNB, FDUSD, and TRY.
Update on $DOGS: If you've been involved with $DOGS, you can now start claiming your tokens. Here are a few key points about $DOGS tokenomics: Total supply of 550B $DOGS: - Team: 10%, vested over 12 months. - Community: 81.5%, fully unlocked at TGE. - Liquidity & Listing: 8.5%, likely to be also fully unlocked.
Right after announcing the 550B total supply, the price of $DOGS on pre-market dropped by 75%. So, most people who bought during Pre-Market are probably feeling the pinch, while those who invested time, effort, and money in the project might not see the big returns they imagined.
Exciting news! Binance is launching Toncoin (TON) on its 56th Launchpool project. Starting August 15th, you can stake $BNB or FDUSD to farm TON tokens over 20 days. Plus, Binanceâs new Super Earn feature lets you lock in TON for special APR rewards.
Key Points: - Token Name: Toncoin (TON) - Rewards: 7,650,000 TON available - Farming Period: August 15 - September 3, 2024 - Most rewards go to the BNB pool, and you can stake/unstake whenever you want. Keep an eye out for the upcoming TON Super Earn to maximize your earnings!
There are many benefits for $BNB holders: Launchpool, Megadrop, and this. This is the time for cumulating $BNB .
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CryptoBlockDev
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Bullish
Banana Gun (BANANA) Airdrop on Binance
Binance is launching its first project on the Binance Airdrops Portal: Banana Gun (BANANA). If you subscribed your BNB to Simple Earn products between June 23, 2024, and July 5, 2024, you'll soon receive an airdrop distribution!
Key Details: - Token Name: Banana Gun (BANANA) - Total Token Supply: 8,900,000 BANANA - Airdrop Rewards: 800,000 BANANA - Circulating Supply before Listing: 3,220,000 BANANA (36% of total supply) - Listing Date: July 20, 2024, at 9:00 AM UTC
The airdrop will increase BANANA's circulation, which may cause price fluctuations. Trade carefully! To participate in future airdrops, subscribe to Simple Earn products on your BNB and complete KYC.
Binance is launching its first project on the Binance Airdrops Portal: Banana Gun (BANANA). If you subscribed your BNB to Simple Earn products between June 23, 2024, and July 5, 2024, you'll soon receive an airdrop distribution!
Key Details: - Token Name: Banana Gun (BANANA) - Total Token Supply: 8,900,000 BANANA - Airdrop Rewards: 800,000 BANANA - Circulating Supply before Listing: 3,220,000 BANANA (36% of total supply) - Listing Date: July 20, 2024, at 9:00 AM UTC
The airdrop will increase BANANA's circulation, which may cause price fluctuations. Trade carefully! To participate in future airdrops, subscribe to Simple Earn products on your BNB and complete KYC.
Grayscale aims to launch an Ethereum ETF on July 18. They are currently awaiting SEC approval for the S-1 applications, but trading is expected to commence within two weeks. $ETH