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BlockNews
Home BREAKING NEWS

Hamster Kombat’s HMSTR Token Listed on Major Exchanges as Price Plummets 30%

Matoy by Matoy
September 26, 2024
in BREAKING NEWS, GAMING, NFT
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  • 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.

Disclaimer: BlockNews provides independent reporting on crypto, blockchain, and digital finance. All content is for informational purposes only and does not constitute financial advice. Readers should do their own research before making investment decisions. Some articles may use AI tools to assist in drafting, but every piece is reviewed and edited by our editorial team of experienced crypto writers and analysts before publication.
Tags: hamster
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Matoy

Matoy

If Matoy is not busy looking at the latest Web3 news, he's always in the kitchen cooking delicious meals for his family. He's also a competitive fighting game player and a car enthusiast

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