- Hamster Kombat’s HMSTR token drops 30% within 24 hours despite debut on major cryptocurrency exchanges.
- Binance and other platforms now offer futures trading and earning programs for HMSTR token.
- HMSTR withdrawals via the TON network are set to open on Sept. 27, as per HashKey’s announcement.
Hamster Kombat, the Web3 gaming platform on Telegram, has recently celebrated the listing of its HMSTR token on several major cryptocurrency exchanges. However, despite this milestone, the token’s price took a sharp downturn, dropping by as much as 30% within the last 24 hours.
Following the announcement, the value of HMSTR fell significantly, with CoinGecko data indicating a 10% decline within just an hour of trading. Over the course of 24 hours, the price dropped from $0.012 to $0.0087.
According to Hamster Kombat, HMSTR is now available for trading on exchanges like Binance, HashKey, OKX, and others. Trading against Tether’s USDT began and withdrawals will be made available via the TON network starting Sept. 27.
Futures Trading and Earning Programs Launched
Shortly after the token’s debut, Binance announced the availability of futures trading for HMSTR with up to 75x leverage. Additionally, the token was added to Binance’s Super Earn program, where holders can lock in their tokens for seven days to earn up to 300% in rewards.
Despite the widespread exchange listings and trading options, HMSTR’s value has continued to struggle, leading to concerns among investors.