Hamsters in battle: the listing launch does not please the community
Date: 2024-09-26 Author: Oliver Abernathy Categories: CRYPTO PAYMENTS
The developers of Hamster Kombat announced the end of the period for earning in-game coins before the upcoming listing and informed users how much each of them will be able to earn. Although the distribution has ended, traders are eagerly awaiting the start of trading. Let's analyze the key points related to the listing of the Hamster Kombat token (HMSTR).
HMSTR listing: expectations and reality
On September 26, several large crypto exchanges, including Binance, plan to start listing the HMSTR token. However, there is a risk that most users will start selling their tokens, which will lead to a drop in their price. History shows that tokens of games with an “earn by clicking” model often fall after listing, as was the case with Notcoin and Catizen. Hamster Kombat has a similar problem: many users are trying to sell their coins as quickly as possible to somehow compensate for months of effort.
The only chance to hold the price is if most of the coins end up with the project team, which can control their sale and maintain the value. Otherwise, mass sales can collapse the price.
Community Opinion
For several months, the crypto community has been eagerly awaiting the listing of HMSTR. However, the recent distribution of tokens has caused disappointment among gamers. Many received no more than $50, and some were blocked and did not receive anything.
There was active discussion on social networks that the main source of tokens was not the promised passive income, but in-game keys. Some players complained about the wear and tear of their devices, as they left their phones on all night for small rewards.
Some users, such as a player under the nickname Jasy, said that they dedicated the whole summer to the game, but the results did not meet their expectations. Others, like Mitsuko, are waiting for the listing only to sell their tokens, considering them unsuitable for long-term storage. Alien added that he did not expect large rewards and perceived the project as another “hype” topic, reminiscent of NFTs or projects with a “move to earn” model.
The impact of the listing on the crypto market
Hamster Kombat has a huge user base, and when everyone starts withdrawing their tokens to crypto wallets, the network may face congestion, as happened with DOGS. The game developers say that 300 million players will be able to sell their tokens on major exchanges, which will lead to high activity on the TON blockchain.
Analyst Maartunn from CryptoQuant believes that in the short term, the listing of HMSTR will cause a significant increase in transactions on TON, as it did with DOGS tokens. In the long term, he expects interest in the TON network to increase due to the launch of popular tokens such as Hamster Kombat.
Risks and scandals
The Hamster Kombat project has not been without its problems. Users have faced accusations of manipulation and underpayment, which has given rise to suspicions that the team is treating players unfairly. In addition, cases of fraud have become more frequent, including fake websites and attempts to hack accounts, which has undermined trust in the project.
Given these risks, users should be careful, as the token price can fluctuate sharply after listing.
