Hamster Kombat, a popular tap game on Telegram, is set to have its token listed this month. Following its launch in March 2024, the game, featuring a hamster CEO as its main character, has become highly popular, boasting 239 million users by July.
In Hamster Kombat, players tap on their smartphone screens to score points, which can be used to purchase items that enhance their virtual exchange. These points are then converted into tokens.
The listing on exchanges, marking the start of official trading that players have eagerly anticipated for six months, will take place on September 26.
List of Exchanges Hosting Hamster Kombat (HMSTR) Listing
- Binance — 15:00 (Kyiv time)
- Bybit
- Gate.io
- KuCoin
- Bitfinex
- Bitget
- Bitrue
Autumn — Time to Shave Hamsters
At the Gate exchange, where pre-market trading is taking place, the total token number was just adjusted from 10 billion to 100 billion without any conversion or adjustment. Typically, when the total token count changes, exchanges recalibrate the price based on the new information.
As a result, many investors who traded HMSTR tokens prior to the official listing may incur losses. A similar issue previously occurred with the DOGS token.
Only short sellers will profit from this situation. 
This is a strategy where a trader borrows cryptocurrency, sells it at the current price hoping that it will decrease. When the price drops, the trader buys back the asset at a lower price, returns it to the lender, and profits from the difference between the selling and buying prices.
Meanwhile, on the pre-market exchange OKX, the HMSTR token dropped in price by ten times after the team announced new tokenomics data. The total supply of HMSTR tokens is 100 billion. The price decline occurred because the token supply exceeded the number of players (250 million).
As of this writing, HMSTR is trading at approximately $0.0100-$0.0110 on both pre-market exchanges, with a peak around $0.04. The token has now plummeted in value by 75%.
Source: Telegram, Hamsterkombatgame, TradingView, X
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