The TON-powered crypto asset, hamster kombat (HMSTR), has experienced a 14% drop against the U.S. dollar just three days after its market debut. The token has lost over 42% of its value since it initially traded at $0.009993 per token. HMSTR is the native token for the TON-based Web3 game Hamster Kombat and is hosted on the TON blockchain through Telegram. The game allows players to earn HMSTR coins by clicking on digital hamsters, which can be used for upgrades and leveling up. Despite its drop in value, HMSTR currently has a market cap of $365 million and is the 193rd largest cryptocurrency. The token has seen $248 million in global trading activity in the last 24 hours, with Binance as the most active exchange. The majority of the HMSTR supply is held by the top five wallets, which poses potential hurdles for the token's stability and liquidity in the future.
- Content Editor ( news.bitcoin.com )
- 2024-09-30
TON-Based Hamster Kombat Token Plummets 42% in 3 Days