“Telegram Game Hamster Kombat Launches HMSTR Token on TON with Impressive Trading Volume”
Hamster Kombat Launches HMSTR Token on TON, Sees $1.2 Billion in Trading Volume
The highly anticipated launch of the HMSTR token on The Open Network (TON) by Telegram game Hamster Kombat has caused quite a stir in the cryptocurrency world. Despite some initial complaints from players about smaller-than-expected airdrops, the token saw significant trading action in its first day on the market.
Within the first 24 hours, HMSTR recorded over $1.2 billion in trading volume, according to data from CoinGecko. This places it in close competition with top cryptocurrencies like Binance Coin (BNB), Dogecoin (DOGE), and XRP in terms of trading activity.
Currently priced at $0.0067, HMSTR has experienced an 18% decrease in value over the last 24 hours, with a market cap of approximately $430 million. While it ranks among the top 200 coins by market cap, it falls short of the $970 million market cap of Notcoin, the original game that sparked the Telegram tap-to-earn trend earlier this year.
One of the main concerns surrounding the Hamster Kombat airdrop was whether TON could handle the distribution of the token to potentially over 100 million players. This question arose after the network experienced downtime in late August due to overwhelming demand for a meme coin called DOGS.
Despite these concerns, the TON Core development team assured users that the network remained stable during the HMSTR airdrop, describing it as the “largest-ever airdrop in crypto’s history.” They emphasized TON’s ability to withstand high traffic events and maintain uninterrupted block production.
Looking ahead, Hamster Kombat is gearing up for its second full season of gameplay and rewards after a short “interlude season.” Plans for the future include expanding beyond its Telegram mini app origins, launching more games, and hosting another airdrop next summer.
With TON making history and supporting innovative projects like Hamster Kombat, the future looks bright for the gaming community in the world of cryptocurrency.