Hamster Kombat launches listing, but community is still unhappy

Hamster Kombat listing launch is coming soon. What to expect from this event?

The developers announced the end of the in-game coin earning feature as part of the upcoming listing and determined the amounts that users will earn.

Now that all coins have been distributed, users are eagerly waiting for trading to begin. Here are the main highlights of the Hamster Kombat token (HMSTR) listing.

HMSTR listing: expectations and reality

Many cryptocurrency exchanges, including Binance, are expected to start listing the HMSTR token on September 26.

What will happen to the HMSTR token upon listing? There is no clear answer to this question, but it is worth remembering that 87.3% of the tokens that will be initially released could potentially be sold, as the owners of these tokens want to receive at least a penny for their months of effort.

Additionally, history shows that all tap-tokens have fallen in some way after listing, for example, Notcoin (NOT), Dogs (DOGS), and Catizen (CATI). Therefore, maintaining the price of the token during listing will be challenging for the Hamster Kombat team.

With a high probability, many users will place a sell order and lower the price. Stockpiling large percentages is unlikely to attract them right now — the opportunity to earn another $20 in six months will not console them.

The only thing that will help maintain the price is HODL. However, it is hard to believe that anyone outside the project team will want to hold HMSTR for a long time after the token distribution. If the users who received the drop — the majority — have team wallets. In this case, they will not sell coins from these wallets and will hold the price.

What does the community say?

The crypto community has been eagerly awaiting the listing of HMSTR for several months, but last week millions were left disappointed by the volume of reward payouts.

The distribution of HMSTR tokens took place, but the players were not happy with the situation: it turned out that most of them will receive about $ 50. Also, the creators decided to underpay and completely block some players.

After the distribution, a heated debate about the unfair airdrop began on social networks. At first, players were surprised to learn that the main source of tokens during the distribution was not the passive income they had previously warned about, but the same keys.

Others noted that the game simply wasn’t worth it because people left their smartphones on overnight, which shortened battery life, while the most experienced ones only got $50 at most.

In a chat with crypto.news, community members also appeared less than enthusiastic about the upcoming listing, with users expressing disappointment with the results of the token accumulation, noting that they expected much more for their efforts.

“I spent almost the entire summer side by side with the hamster. I clicked the hamster in all my free time, believing that any work should be rewarded adequately. But I was lucky — in any case, I was not accused of cheating and was given rewards.”

Jasy, Hamster Kombat player

“The only reason I am waiting to list is to sell the tokens. I don’t find these tokens good for long-term ownership, but I think the reason is clear. My experience with Hamster Kombat is not just finger training and more.”

Mitsuko, Hamster Kombat actress

“Overall, I am happy with the size of the reward. My expectations were not high at first and I saw this as nothing more than another hype trend. Remember NFT, the earning push? What happened to them in the end? This is why you should never expect significant rewards on one-day projects.”

Alien, Hamster Kombat actor Will the listing of Hamster Kombat affect the cryptocurrency market?

When millions of DOGS app users tried to claim their free tokens at the same time, the TON network barely kept up with the load. Now, a coin from an even more popular game is set to be released on the exchange.

Game developers claim there are 300 million players who will be rewarded with tokens that can be sold on crypto exchanges. At least a few of the largest crypto trading platforms have announced the start of trading in the HMSTR token, which will also be launched on the TON network.

Hamster Kombat has a huge user base. When everyone starts withdrawing their tokens to their wallets, the network may freeze due to high load, as happened with DOGS. The distribution of HMSTR tokens to users’ wallets may slow down the TON blockchain for a few weeks.

Speaking to crypto.news, Maartunn, a community analyst at CryptoQuant, said that the launch and airdrop of the Hamster Kombat token could impact the cryptocurrency market in two significant ways.

In the short term, Hamster Kombat will create high activity and dominance in the TON Network.

“In the short term, Hamster Kombat will create high activity and dominance on the TON Network. We saw similar trends with the DOGS airdrop, where at certain times the token accounted for 30% to 50% of all transactions on the TON blockchain. I expect a similar impact following the Hamster Kombat token airdrop.”

Maartunn, community analyst at CryptoQuant

Over the long term, Maartunn says TON has been steadily gaining traction. At the beginning of this year, there were around 1.5 million transactions from around 338,000 users. Currently, this has increased to around 15.8 million transactions and 3.8 million users, reflecting a tenfold increase in both metrics.

Saying that the launch of popular tokens like Hamster Kombat was important in driving this growth, Maartunn pointed to a graph showing the number of unique users and transactions on the TON network.

Source: CryptoQuant Risks and scandals surrounding Hamster Kombat

Despite its popularity, the project has not been without its problems, most notably allegations of manipulation and underpayment to early investors, which has led to suspicions that the Hamster Kombat team is also being unfair to casual players.

Additionally, many users faced scams: phishing sites, fake airdrop dates, and even attempts to hijack accounts became common problems that undermined trust in the project.

Those who actively follow the project and invest in the pre-market should understand that the correct price of the token can rise or fall significantly. Many players and investors have high hopes for the listing, but the uncertainty associated with recent issues should force them to act with caution.