While the launch is just a week away, the HMSTR token price prediction has become a topic of speculation among players. Especially after the pre-market trading announcement by Bybit on July 8, 2024. Bybit offered traders early access to secure HMSTR tokens before the official listing.
According to Bybit’s data, pre-market trading prices fluctuated between $0.001 and $0.10 per token. This range reflects early market sentiment but Bybit also clarified that pre-market trading prices might not be an exact indicator of the token’s final listing price.
Considering this data, HMSTR’s launch price could settle within the $0.10 to $0.30 range, though this may vary based on market dynamics and how players and traders respond once the token is officially listed. If demand is high following the airdrop, there’s potential for a short-term surge in price. Besides this, it is also expected to have higher volatility due to involvement of millions of players worldwide.
Following are some factors that could influence the official listing price of HMSTR:
Market Demand: The interest in Hamster Kombat’s play-to-earn model is expected to drive early demand for the token. If trading volumes surge after the airdrop, we could see a price increase.
HMSTR Token Supply: The total supply of HMSTR tokens remains unknown, which could significantly impact the price depending on how many tokens are in circulation once the" airdrop is complete.
Pre-Market (Trading Impact): Although pre-market prices ranged from $0.001 to $0.10, analysts predict that the official listing price could settle within the $0.10 to $0.30 range, depending on market sentiment and early adoption.