Hamster Kombat itemizing launch is coming quickly. What to anticipate from this occasion?
The builders introduced the tip of incomes cash the in-game coin amid the upcoming itemizing and decided the quantities earned by customers.
Now that each one the cash have been distributed, customers eagerly await the beginning of buying and selling. Listed here are the primary highlights of the itemizing of the Hamster Kombat token (HMSTR).
HMSTR itemizing: expectations and actuality
It’s anticipated that on Sep. 26, a number of cryptocurrency exchanges will launch the itemizing of the HMSTR token, together with Binance.
What is going to occur to the HMSTR token on the itemizing? There is no such thing as a clear reply to this query, however it’s price remembering that 87.3% of the tokens that can initially be launched to the market can doubtlessly be offered for the reason that holders of those tokens wish to take at the least a cent for his or her many months of efforts.
As well as, historical past exhibits that each one tap-to-earn recreation tokens fall a method or one other after itemizing, for instance, Notcoin (NOT), Canine (DOGS) and Catizen (CATI). Due to this fact, sustaining the token’s value through the itemizing shall be difficult for the Hamster Kombat staff.
With a excessive diploma of chance, many customers will place promoting orders and produce down the worth. Stocking with big percentages is unlikely to draw them now — the ephemeral alternative to earn one other $20 in six months won’t console them.
The one factor that can assist preserve the worth is HODL. Nevertheless, it’s laborious to consider that anybody apart from the undertaking staff will wish to maintain HMSTR for a very long time after the token distribution. If among the many customers who acquired the drop — the bulk — are the wallets of the staff itself. On this case, they won’t promote cash from these wallets and can maintain the worth.
What the neighborhood says
For a number of months, the crypto neighborhood has been eagerly awaiting the itemizing of HMSTR. Nevertheless, final week, tens of millions of them have been disenchanted as a result of quantity of reward funds.
The distribution of HMSTR tokens did happen, however the players weren’t happy with the state of affairs: it turned out that almost all of them would obtain about $50. As well as, the creators determined to shortchange and block a few of the gamers altogether.
After the distribution, a heated dialogue of the unfair airdrop started on social networks. First, the gamers have been stunned that the primary supply of tokens through the distribution was not passive revenue, which that they had beforehand warned about, however those self same keys.
Others famous that the sport was not definitely worth the effort just because folks left their smartphones on in a single day, killing the battery — in return, essentially the most skilled acquired a most of $50.
In a dialog with crypto.information, neighborhood members additionally didn’t present enthusiasm for the upcoming itemizing. Customers expressed disappointment with the outcomes of the token accrual, noting that they anticipated way more for his or her efforts.
“I spent virtually the complete summer time facet by facet with the hamster. I clicked on the hamster all my free time, believing that any work needs to be adequately rewarded. However I used to be nonetheless fortunate — in any case, I used to be not accused of dishonest, and the rewards have been awarded.”
Jasy, Hamster Kombat participant
“The one purpose I’m ready for the itemizing is to promote the tokens. I don’t contemplate these tokens good for long-term possession, however I feel it’s clear why. My expertise in Hamster Kombat is simply finger coaching and nothing extra.”
Mitsuko, Hamster Kombat participant
“Total, I’m pleased with the scale of the reward. At first, I didn’t have excessive expectations and handled it as nothing greater than one other hype pattern. Bear in mind NFT, move-to-earn? What occurred to them in the long run? That’s why it is best to by no means count on important rewards with one-day initiatives.”
Alien, Hamster Kombat participant
Will Hamster Kombat’s itemizing have an effect on crypto market?
When tens of millions of DOGS app customers tried to get its free tokens concurrently, the TON community barely coped with the load. Now, a coin from an much more common recreation is on the point of go stay on the trade.
The sport builders declare that there are 300 million gamers who can even be awarded tokens that may be offered on crypto exchanges. At the least a number of of the biggest crypto buying and selling platforms have already introduced the beginning of buying and selling within the HMSTR token, which can even be launched on the TON community.
Hamster Kombat has an enormous person base. When everybody begins withdrawing tokens to their wallets, the community could freeze as a result of excessive load because it was with DOGS. The distribution of HMSTR tokens to customers’ wallets may decelerate the TON blockchain for a number of weeks.
Maartunn, neighborhood analyst at CryptoQuant, advised crypto.information that the launch and airdrop of the Hamster Kombat token may impression the crypto market in two important methods.
Within the quick time period, Hamster Kombat will generate excessive exercise and dominance on the TON Community.
“Within the quick time period, Hamster Kombat will generate excessive exercise and dominance on the TON Community. We’ve seen related traits with the DOGS airdrop, the place, at sure hours, the token accounted for 30% to 50% of all transactions on the TON blockchain. Following the Hamster Kombat token airdrop, I count on an identical impact.”
Maartunn, neighborhood analyst at CryptoQuant
In the long term, TON is steadily growing traction, Maartunn says. Originally of this yr, there have been roughly 1.5 million transactions from round 338,000 customers. At present, this has surged to roughly 15.8 million transactions and three.8 million customers, reflecting a tenfold enhance in each metrics.
The launch of common tokens like Hamster Kombat is critical in driving this development, stated Maartunn, pointing to a chart exhibiting the variety of distinctive customers and transactions on the TON community.
Dangers and scandals round Hamster Kombat
Regardless of its reputation, the undertaking has not been with out its share of issues. Essentially the most notable are allegations of manipulation and underpayment to early buyers. This has given rise to suspicions that the Hamster Kombat staff can also be unfairly treating bizarre gamers.
As well as, many customers have encountered scams: phishing websites, pretend airdrop dates, and even makes an attempt to hijack accounts have turn into frequent issues that undermine belief within the undertaking.
Those that actively observe the undertaking and put money into the premarket ought to perceive that the token’s correct value can rise and fall considerably. Many gamers and buyers have excessive hopes for the itemizing, however the uncertainty related to latest issues ought to pressure them to behave rigorously.