The upcoming listing of the Hamster Kombat token (HMSTR) is generating significant anticipation within the crypto community, set to take place on September 26 across multiple exchanges, including Binance. As users await the start of trading, several key points are shaping expectations around the event.
What to Expect from the Listing
- Token Distribution Completion: The developers have finalized the distribution of HMSTR tokens, marking the end of the in-game coin earning process. Many users are eager to begin trading their tokens, although there are concerns about the percentage of tokens available for immediate sale—87.3% of the initial release can potentially be sold, as holders seek to recoup their efforts.
- Market Performance Predictions: Historically, tap-to-earn game tokens tend to experience price drops post-listing. Similar tokens, such as Notcoin and Dogs, saw declines in value, suggesting that HMSTR may also face challenges in maintaining its price during the listing. Analysts predict that a rush of selling orders could further depress the token’s value, as many users may prefer to cash out rather than hold onto their tokens long-term.
- Community Sentiment: The community has expressed mixed feelings leading up to the listing. While some players are hopeful, many are disappointed by the limited rewards from the token distribution, with most players reportedly receiving only around $50 worth of tokens. This dissatisfaction has led to heated discussions about the fairness of the airdrop and the overall value of the time spent in the game.
Impact on the Market and Network
The listing is anticipated to have a substantial impact on the crypto market and the TON network. With a reported 300 million players potentially withdrawing tokens, there is concern that the network may struggle under the load, similar to the challenges faced during the DOGS app launch.
- Increased Activity on TON: Analysts predict that the HMSTR token launch will drive high transaction volumes on the TON network. Previous airdrops have shown that popular tokens can account for a significant portion of transactions during peak times, which could lead to network congestion.
- Long-Term Growth for TON: The successful launch of popular tokens like Hamster Kombat is seen as a catalyst for the TON network’s growth. The network has experienced a tenfold increase in both transaction volume and user engagement this year, suggesting that the listing could further bolster its popularity.
Conclusion
As the Hamster Kombat token prepares for its listing, traders and community members are bracing for the potential volatility that often accompanies such events. While the token’s popularity and the size of its user base could drive initial trading activity, the long-term outlook will depend on how holders choose to manage their newly acquired tokens. The situation remains dynamic, and all eyes will be on the exchanges as the listing date approaches.
Risks and scandals around Hamster Kombat
Despite its growing popularity, the Hamster Kombat project faces several significant challenges. Allegations of manipulation and underpayment to early investors have sparked concerns about the team’s treatment of ordinary players. These issues have cast a shadow over the project, leading to suspicions that the Hamster Kombat team may not be acting fairly toward its broader player base.
Additionally, the community has encountered a surge in scams, including phishing sites, fake airdrop announcements, and attempts to hijack accounts. These fraudulent activities have further eroded trust in the project and created an environment of uncertainty.
For those closely following the project and participating in the premarket, it’s crucial to recognize that the token’s price can experience substantial volatility. While many players and investors are optimistic about the upcoming listing, the recent allegations and ongoing issues should encourage a cautious approach. Navigating this landscape requires careful consideration to avoid potential pitfalls in what is already a high-stakes environment.
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