What to Expect from the $HMSTR Token Launch?
By Pratik Bhuyan November 1, 2024
Introduction
If you’ve been keeping an eye on the Hamster Kombat game, you’ll know that its highly anticipated token, $HMSTR, is about to hit the crypto world in a big way. Set for September 26, 2024, the launch marks a major milestone for this play-to-earn game & its community. Here's everything you need to know about the launch and what to expect as $HMSTR makes its debut.
Airdrop & Token Listing
A substantial airdrop is planned alongside the launch, rewarding early supporters and active players within the Hamster Kombat ecosystem. The airdrop and TGE will see 64.375 billion tokens, which is around 64.38% of the total 100 billion token supply, made available.
The TGE is slated to happen on September 26, 2024, with $HMSTR tokens listing on several big-name exchanges like Binance, Bybit, BitGet and OKX. Binance is leading the charge with its Launchpool feature, which has been live since September 19, letting users stake their BNB and FDUSD to farm $HMSTR.
Farming Through Binance Launchpool
From September 19 to September 25, 2024, users can lock their BNB or FDUSD to farm $HMSTR tokens on Binance Launchpool. In total, 3 billion tokens will be distributed through this initiative, with 85% allocated to BNB stakers and 15% to FDUSD stakers. It’s a limited-time offer, so if you’re looking to stock up on $HMSTR before the official trading launch, now’s the time.
Market Reaction & Future Prospects
As we approach the $HMSTR launch, there's growing speculation around its potential price. We've conducted our own analysis to estimate the launch price, which you can explore here—but keep in mind that significant volatility is expected, as many play-to-earn tokens often experience an initial surge followed by sharp post-launch drops.
This volatility highlights an essential consideration for potential investors: while there may be short-term gains, long-term sustainability hinges on user engagement and ongoing updates from the developers.
Final Thoughts
Within a short span of time, Hamster Kombat has built a dedicated community thanks to its simple tap-to-earn gameplay, and the upcoming token launch is shaping up to be a pivotal moment for the project. With listings across multiple exchanges, a massive airdrop and a well-established player base, Hamster Kombat’s token debut might be one of the more exciting launches of 2024.
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