Hamster Kombat Coin Value Prediction: Will the Downtrend Proceed?
Hamster Kombat, a Telegram-based tap-to-earn sport, has formally launched its much-anticipated airdrop alongside its itemizing on high cryptocurrency exchanges. Whereas the sport’s native token, HMSTR, noticed vital buying and selling quantity on its debut day, neighborhood backlash over the airdrop’s distribution raised considerations.
Hamster Kombat Spectacular Itemizing Good points
Constructed on The Open Community (TON) and out there by way of Telegram, Hamster Kombat permits gamers to earn in-game cash by finishing missions and duties, which they will alternate for HMSTR tokens. On Thursday, HMSTR was listed on a number of main cryptocurrency platforms, together with Binance, KuCoin, Bitget, Gate.io, MEXC, OKX, Bybit, and Bitfinex. Based on Coingecko information, the token’s buying and selling quantity exceeded $1.2 billion throughout the first 24 hours, signaling sturdy market curiosity.
Hamster Kombat Neighborhood Backlash Over Airdrop Distribution
On the similar time, the Hamster Kombat airdrop distributed 60 billion HMSTR tokens—60% of the overall provide—to 131 million gamers. Nonetheless, the neighborhood rapidly voiced dissatisfaction over what many noticed as unfair distribution. Critics argued that influencers and YouTubers obtained a disproportionate quantity of tokens for referral actions, resulting in frustration amongst common gamers.
Hamster Kombat Value Prediction
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Bearish breakout: HMSTR value reveals a bearish breakout from the symmetrical triangle on the hourly chart.
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Present value and market cap: HMSTR is buying and selling at $0.0065 with a market cap of $421.30 million.
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Potential draw back: If the downward pattern continues, the worth may take a look at help ranges at $0.0060 or drop additional to $0.0055, relying on promoting stress.
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Bullish reversal risk: If patrons regain management and push the worth again into the triangle, a bullish reversal might happen.
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Resistance ranges: A bullish reversal may retest the higher resistance close to $0.0070.
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Breakout potential: A confirmed breakout above $0.0070 may drive the worth in the direction of $0.0075 or greater.