Hamster Kombat token crashed by 39%: What occurred to HMSTR?

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  • Hamster Fight (HMSTR) has plummeted 39% over the previous week.
  • Since its debut, this viral token has achieved a market capitalization of $382.4 million.
  • HMSTR hit an all-time low of $0.005562 on September twenty ninth.

Hamster Kombat, the viral Telegram-based tap-to-earn recreation, is going through uncertainty as crypto buyers react to a big drop within the value of the sport's native token, HMSTR.

In response to information from CoinMarketCap, HMSTR has fallen over 39% previously seven days. On the time of writing, the inventory is buying and selling at $0.006104, down 39.58% from its all-time excessive of $0.01004 reached 4 days in the past.

The Hamster Kombat token era occasion happened only a few days in the past, and the altcoin has been struggling ever since. This viral recreation airdrop was one of the vital anticipated occasions of 2024 for the cryptocurrency business, following Notcoin (NOT), ZkSync (ZK), LayerZero (ZRO), and different airdrops.

Up to now 24 hours, HMSTR's buying and selling quantity elevated by 49.64% to $249 million, and the cryptocurrency market capitalization reached $382.4 million, rating it 149th within the cryptocurrency market. Many of the cryptocurrency buying and selling quantity happens on Binance for the HMSTR/USDT buying and selling pair.

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Upon itemizing on Binance, the world's largest cryptocurrency change by buying and selling quantity, the HMSTR token soared 581%, reaching $1 billion in buying and selling quantity on its first day, outpacing most altcoins within the crypto house.

HMSTR cumulative dip

The buildup/distribution graph exhibits whether or not the asset is at the moment being accrued by buyers or if distributions are predominant, which is a bearish indicator for the value.

The chart offered by TradingView above confirms that HMSTR accumulation has decreased considerably, indicating that buyers are promoting their tokens to benefit from the earnings made throughout the itemizing. Suggests.

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