Hamster Kombat Faces Pressure to List HMSTR Token as Pre-Market Futures Plunge

Hamster Kombat, the popular Telegram tap-to-earn platform, is under intense pressure from impatient community members to list the HMSTR token.

Hamster Kombat, the popular Telegram tap-to-earn platform, has finally announced plans to list the HMSTR token.

According to a recent roadmap update on the Hamster website, players will get 60% of the total token allocation. The remaining 40% will be allocated to the team, advisers, early investors, and a community airdrop.

hamster kombat tokenomics

The roadmap also includes the launch of Hamster Mini Games, a metaverse world, and a decentralised autonomous organisation (DAO).

Meanwhile, pre-market Futures for HMSTR offered by the OKX crypto exchange have crashed to a record low.

The futures, which started trading on August 1 at $0.3199, were last seen at $0.1647, down almost 50%.

The futures market could provide an indication of what to expect when the token finally lists in the coming weeks or months.

This price action is similar to that of other tap-to-earn tokens that have been listed recently.

For example, Notcoin’s price initially peaked at $0.029 but has now dropped by almost 60% to $0.011.

Similarly, Pixelverse’s price has fallen by 78% from its all-time high, while the Avacoin token has crashed to a record low.

The broader trend also mirrors that of other play-to-earn tokens that boomed during the pandemic.

Tokens like Axie Infinity (AXS), Decentraland (MANA), and Sandbox (SAND) soared at the time and attained multi-billion valuations.

However, these tokens have all crashed and are now valued at less than $1 billion.

The challenge for Hamster is how to keep its users engaged after the token listing.

Analysts expect users to rush to sell the tokens and exit. Given that they have seen other tap-to-earn tokens crash, few users will be willing to hold onto their tokens.

Notcoin has also faced the same problem, and its developers are now struggling to build an ecosystem for the network.

In a recent update, the developers said they were building a new game that will reward users with NOT coins.

It remains to be seen if the new game will attract new users or help the struggling token’s price.

Hamster Mini Application has become the most popular game in the crypto space.

The mini-application allows users to earn tokens by simply tapping a button or engaging in simple activities like sharing the game or watching its YouTube videos.

As a result, the game’s YouTube channel has also broken a record by adding almost 40 million subscribers in less than three months.

The challenge will now be replicating the success of the Hamster Mini Application to its publicly available token.