Hamster Kombat (HMSTR) Price Prediction: HMSTR Aims For A Rebound

The Hamster Kombat price surged 4% in the last 24 hours to trade at $0.006735 as of 10:44 p.m. EST on trading volume that plunged 67% to $344 million.

The price of Hamster Kombat (HMSTR) has seen a slight increase of 4% in the last 24 hours, trading at $0.006735 as of 10:44 p.m. EST with a drastic decrease in trading volume of 67%, now at $344 million.

Meanwhile, players have expressed dissatisfaction with the project’s airdrop, taking to social media to voice their frustrations.

“You gave me dust after 4 months. I am killing hamsters, rats, rabbits or anything that looks like a hamster. It’s hunting season.”

Hamster Kombat airdropped 60 billion HMSTR tokens, which is 60% of the token’s supply, through multiple tier-1 exchanges, including Binance, OKX, and BitGet.

As the airdrop concludes, will HMSTR be able to rebound?

The price of Hamster Kombat (HMSTR) has been on a downtrend since its launch. The bears took control of the price around the $0.009203 resistance. However, the $0.006370 support allowed the price to trade within the symmetrical triangle.

The rebound is confirmed by the Relative Strength Index (RSI) soaring towards the 50-midline level, currently at 39, which indicates that the bulls may be preparing for a buying campaign.

Moreover, the Moving Average Convergence Divergence (MACD) also supports bullish momentum, as the lines are climbing towards the neutral line. The blue MACD line is also moving over the orange signal line, confirming the positive momentum.

According to the HMSTR/USDT analysis, the price of Hamster Kombat is bound for a bullish trend continuation over the symmetrical triangle. If the breakout occurs, the price of Hamster Kombat could soar over the triangle as the bulls aim for $0.009238.

HMSTRUSDT Chart Analysis (Source: Tradingview)

On the other hand, if the bears manage to breach the lower boundary of the symmetrical triangle, the price of Hamster Kombat could drop, with $0.0060 acting as the immediate support level.

As the price of Hamster Kombat prepares for a breakout, some investors are pivoting to another meme coin called Crypto All-Stars (STARS), which has raised over $1.7 million in its presale.

ClayBro, a renowned crypto analyst and YouTuber with over 130k subscribers, believes that $STARS has the potential to increase by 26X after its launch.

Crypto All-Stars (STARS) Amasses Over $1.7 Million In Presale

Cry͏pto All͏-St͏ars is ma͏king wave͏s in ͏the ever-evo͏lv͏ing c͏ryptocurrency landscape. Its MemeVault protocol is the industry’s first meme coin staking platform, and it’s designed to amplify gains made in meme coins.

Th͏e M͏e͏me͏Va͏ult Ecosyste͏m re͏pre͏s͏en͏ts a paradi͏gm shift in h͏ow ͏we in͏tera͏ct wi͏th m͏eme co͏ins͏ on the b͏lockc͏ha͏in.͏ 

B͏y allowing holders ͏of var͏io͏u͏s meme coin͏s to earn rewards ͏t͏hrough its na͏tive t͏ok͏en, $STAR͏S, Crypto A͏ll-Stars i͏s se͏tting a ne͏w sta͏ndard͏ in ͏the industry.

A brand-new player in the meme coin space, Crypto All-Stars just launched within the past 24 hours, and it’s already making waves! 🌊

Here’s why you should pay attention. 🧵👇

— web3telepath (@web3telepath) August 15, 2024

Pepe, Dogecoin, Shiba Inu, Floki Inu, Brett, Mog Coin, Milady Meme Coin, Turbo, Toshi The Cat, Coq Inu, and Bonk can all be staked on the platform and earn STARS as rewards. More meme coins will be added in the coming months.

You can also stake STARS itself and earn passively through the project’s native staking mechanism, which offers an astronomical 874% in annual rewards.

You can buy the token now for $0.001471. With a price hike coming in less than 3 days, don’t wait too long to lock in the best deal.

Purchase $STARS from its official website here using BNB, USDT, or a bank card.