- The token’s price was initially $0.012 but currently it is trading for less than $0.0058 and since the debut, it has been gradually declining.
- The fixed amount of only 100,000,000,000 HMSTR of token supply is initially listed for the circulation.
Hamster Kombat, a crypto exchange simulator game has dropped harshly after the game released millions of tokens in use. The data reveals that the token jumped over 60% after it was generated.
Talking about the price range, it was about $0.012 but currently it is trading for less than $0.0058 and since the debut, it has been gradually declining.
What is Hamster Kombat?
Hamster Kombat is mainly a simulator game made over Telegram having over 300 million players. The mission of the firm is to integrate more than 1,000,000,000 Web2 users into Web3.
The game made its debut in March 2024, and became the biggest platform over Telegram having 52 million subscribers, Youtube channel with 10 million subscribers in only 6 days, and more than 100 million players in just 2 months.
The fixed amount of only 100,000,000,000 HMSTR of token supply is initially listed for the circulation.
The game offers players to earn as well as trade in-game coins for tokens which can also incorporate a real-world experience for the gamers. The feature gives a great user engagement as it gives real rewards for the players who are able to sustain themselves. Also, the game gives the basic knowledge of crypto trading to its players in that same gaming environment.
Why Hamster Kombat Chose Telegram?
As listed in the white paper of Hamster Kombat, Telegram is a great medium to connect, communicate as well as interact with masses. The application has more than 950 million users which makes it a great platform for many brands to introduce them and have a good exposure.
On the top of all these, there are a lot more advantages by which brand owners get attracted towards and get energy to work upon.
The firm states itself as a non-profit organization that works for the community interest. Hamster Foundation will be directly launching and operating $HMSTR and will be liable to any issues or conflicts against the company.
Crypto And Games
There are a lots of motivation of why this company has integrated crypto with game and some of them are:
- Play to Earn- The game provides users an opportunity to earn only by playing which is a great opportunity as a career option for many gamers also.
- NFTs integration- By this type of games, you can trade or sell unique in-game items as a form of NFT.
- Luring Rewards- With every milestone achievement, you can be awarded by cryptocurrency by being consistent in the game. The rewards can be a great motivation for being in the game and turning your rewards into something worthy.
- Blockchain technology- This technology can provide a secure platform for trading in-game items.
The Next Season
Hamster Kombat took official twitter handle and mentioned, “Dear CEOs, the game does not end with the snapshot. We are now entering the interlude Season of the game. The interlude season is the warm-up before Season 2, and it will last a couple of weeks.”
With this new tweet from the firm, the users get an assurance that the game will continue to launch its further seasons and keep the users entertained and engaged. Also, they are luring the users to participate in this interlude season for unlocking further benefits.
It will be interesting to see if the token will be able to sustain in this competing market or it will fall drastically. At the same time, the motivation of the company looks so high as we can witness by the official announcement of the upcoming seasons.
