Hamster Kombat (HMSTR) has experienced a significant decline in price, following the trend of other tap-to-earn assets. The token's value dropped by over 87% from its all-time high, and its market capitalization now stands at $116 million. This decrease in price can be attributed to widespread selling from holders who received HMSTR tokens through an airdrop, resulting in a decrease in the number of users from over 300 million to fewer than 12 million. To counter this decline, the developers have launched a layer-2 network on the TON blockchain, aiming to improve transaction speeds and attract game developers. Additionally, the introduction of Season 2 and HamsterVerse, a new gaming experience, is expected to revitalize user engagement. Despite the current downward trend, there are indications of potential upward momentum, with the formation of a falling wedge pattern and bullish divergence patterns in the Percentage Price Oscillator and Relative Strength Index. If Hamster Kombat breaks out, the price could rally to $0.0064, representing a potential 265% increase.



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