Hamster Token Price Prediction For 2024: Boom Or Bust？

Quick Take

Hamster Kombat, a tap-to-earn game on Telegram, plans to launch its token in Sep26th 2024.
Telegram Subscribers of Hamster Kombat TON gamefi Hits 55 Million. Over 300 million players reported to have joined Hamster Kombat to date.
Compared with similar projects, such as Notcoin (NOT) and the recently popular DOGS, the all-time high token price of HMSTR might be above 0.009.

This report is brought to you by WEEX Exchange, tailored for both new investors and seasoned crypto enthusiasts seeking to diversify their investment portfolios. WEEX is the world’s leading bitcoin futures trading platform. With a reputation for security and liquidity, WEEX has previously listed tokens such as XRP and DOGS. Find out more at: https://www.weex.com/register

The viral hit Hamster Kombat has captivated the Telegram gaming scene with its tap-to-earn gameplay. Players are allowed to amass in-game currency by assuming the role of CEOs for top cryptocurrency exchanges, enhancing their virtual trading platforms, and tapping on the hamster to extract additional in-game coins. Despite its straightforward concept, the game’s allure stems from the prospect of exchanging these coins for a forthcoming cryptocurrency token, anticipated for release in Sep26th 2024.

With a massive player base of over 300 million and 12.5 million followers on platform X and 55 million subscribers on Telegram, Hamster Kombat has swiftly risen to prominence among mobile games. But what implications does this have for the game’s Hamster Token Price?

Hamster Kombat (HMSTR) Token Tokenomics

HMSTR is the native utility token of Hamster Kombat, used for the following functions:

· In-game currency: To purchase in-game items (such as character skins), upgrades, and services (such as premium support assistance, community tools, and SDKs for game developers).

· Exclusive access: To access time-limited events, squad activities, PvP battles, and live events.

HMSTR Token Price Prediction

2024 is poised to be a transformative year for Hamster Kombat as it transitions from a popular GameFi on Telegram to a Participant in the cryptocurrency market. The key question on everyone’s mind is: how much will the Hamster Kombat token be worth, and how will it perform in its first year

The latest data shows that HMSTR has far exceeded the previously popular DOGS in several key metrics such as user activity and player engagement. With its innovative gameplay and excellent gaming experience, HMSTR has attracted a large number of loyal players and has caused a strong response in the market.

The total supply of HMSTR tokens is 100 billion, with an initial circulation of 64.375 billion. The current price in the pre-market trading market is $0.00647. Compared with similar projects, such as Notcoin (NOT) and the recently popular DOGS, the market value potential of HMSTR should not be underestimated.

How Much is Hamster Kombat Token Worth?

DOGS Token: All-time High Fully Diluted Value (FDV) of $904 million, All-time High (ATH) token price at $0.001644.

NOT Token: All-time High Fully Diluted Value (FDV) of $2.97B, All-time High (ATH) token price at $0.02896.

If the market capitalization of HMSTR reaches the level of DOGS or NOT, the token price and increase will be as follows:

Benchmarking DOGS: If the market capitalization of HMSTR is consistent with DOGS coin, the token price could reach $0.00904, with an increase of 1.39 times.
Benchmarking NOT: If the market capitalization of HMSTR is the same as NOT, the token price could reach $0.0297, with an increase of 4.59 times

However, HMSTR investors must be mindful of the volatile cryptocurrency market and the uncertain regulatory environment. The upcoming months will be crucial. By considering both social and technical factors, investors can make more informed decisions that balance emotional appeal with logical market analysis. Keeping an eye on WEEX and WEEX Help will not only help you make informed decisions but also allow you to better understand the overall landscape of the cryptocurrency market.

The distribution timeline is designed to sustain a stable token economy. The supply of tokens available at the outset is deliberately kept minimal, constituting a mere 1.28% of the total potential value (FDV) upon the token’s debut, which is expected to contribute to the token’s price stability after its release. The team anticipates minimal selling pressure right after the token’s introduction, given that Hamster Kombat is not backed by venture capital investments.

Risk Disclosure – HMSTR Coin

Nevertheless, it should be highlighted that the project has not undergone a security audit, which, coupled with concerns over an annual inflation rate exceeding 42%, might have implications for the token’s enduring worth. Moreover, the lack of specifics regarding private investment rounds casts doubt on the financial clarity of the entire initiative

How to Deposit HMSTR token to WEEX

Step 1: Go to Telegram Channel @hamster_kombat_bot and tap the Play button in the lower left corner to launch your HMSTR mini app.

Step 2: Tap on the Airdrop icon in the bottom right corner.

Step 3: Tap on Withdraw Hamster token and select WEEX exchange (WEEX crypto exchange will support HMSTR to USDT soon. Stay tuned for more updates!)

Step 4: If you are a new WEEX user, tap on “No, let’s create it” to create an account and complete your Identity Verification to get your account information.

For more details, please refer to:

Step 5: Fill in your WEEX Account Information (WEEX UID, WEEX’s HMSTR deposit address, and Memo). Please ensure all three pieces of information are provided correctly, otherwise, you may permanently lose your token.

Step 6: Congratulations! The deposit is in progress. Please note that you won’t receive HMSTR tokens immediately, but they will be deposited in your WEEX Account (Futures Account or Spot Account) on the 26th of September, before the listing time.

Hamster Roadmap

The Hamster Kombat team has laid out a clear roadmap for future development, planning to maintain the game’s continuous growth and activity through a series of innovations in the coming years:

Q3 2024: Launch the second season of the game, with new challenges and rewards to attract more users.

Q4 2024: Release the PWA payment service and introduce RMT (Real Money Trading) functionality into the game, allowing players to trade in-game assets for actual currency. This will further enhance the application scenarios and value of the HMSTR token.

Q1 2025: Introduce Hamster Kombat 2.0, bring in competitive team championships, and launch an NFT marketplace in collaboration with more partners, allowing players to gain more economic returns through collection and trading.

Q2 2025: Launch User-Generated Content (UGC) tools to encourage players to create and share content, increasing the interactivity and diversity of the game.

Q3 2025: Integrate PWA with desktop gaming to diversify and cross-platformize the gaming experience.

Conclusion: Hamster Kombat as a Vision of the Future

Judging from the current user growth, token economic model, and project planning, Hamster Kombat is undoubtedly one of the most promising projects in the TON ecosystem. Hamster Kombat is more than just a game—it’s a glimpse into the future. However, HMSTR investors must be mindful of the volatile cryptocurrency market and the uncertain regulatory environment. The upcoming months will be crucial. By considering both social and technical factors, investors can make more informed decisions that balance emotional appeal with logical market analysis. Keeping an eye on WEEX and WEEX Help will not only help you make informed decisions but also allow you to better understand the overall landscape of the cryptocurrency market.