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Reading: Hamster Kombat Drops 6% as Investors Eye 100X Meme Coin Rival[embed]https://www.youtube.com/watch?v=1kIF9YmV0CM[/embed]
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Kriptoteka > Market > Meme > Hamster Kombat Drops 6% as Investors Eye 100X Meme Coin Rival[embed]https://www.youtube.com/watch?v=1kIF9YmV0CM[/embed]
Meme

Hamster Kombat Drops 6% as Investors Eye 100X Meme Coin Rival[embed]https://www.youtube.com/watch?v=1kIF9YmV0CM[/embed]

marcel.mihalic@gmail.com
Last updated: September 30, 2024 11:48 pm
By marcel.mihalic@gmail.com 6 Min Read
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    <p><span style="font-weight: 400;">The price of Hamster Kombat has dropped by 6% in the past 24 hours </span><a href="https://www.geckoterminal.com/ton/pools/EQDf4-vsa5g-o2r6hExk2c6SdkAcW0NJMCv_1Pp68iwfaTce"><span style="font-weight: 400;">now trading at $0.005856</span></a><span style="font-weight: 400;"> as of 00:40 a.m. EST, despite a 77% increase in trading volume to $338 million.</span></p>
    <h2>Hamster Kombat Price Shows Bearish Trends, Looking For Bullish Reversal</h2>
    <p><span style="font-weight: 400;">Hamster Kombat's price action is illustrating a downward channel pattern, often indicative of a bearish trend. Additionally, the price is fluctuating within a falling wedge pattern, marked by lower highs and lower lows—a clear indication of downward movement.</span></p>
    <p><span style="font-weight: 400;">The HMSTR price is currently below the 50-day Simple Moving Average (SMA), signifying a bearish short-term trend, as it struggles to surpass the SMA at $0.006121, based on information from </span><a href="https://www.geckoterminal.com/ton/pools/EQDf4-vsa5g-o2r6hExk2c6SdkAcW0NJMCv_1Pp68iwfaTce"><span style="font-weight: 400;">GeckoTerminal</span></a><span style="font-weight: 400;">.</span></p>
    <p><span style="font-weight: 400;">The RSI stands at 50.40, positioning itself in the neutral zone (not overbought or oversold). This suggests that the price is at a balanced point where it could move in either direction, dependent on future momentum. Notably, the RSI has rebounded from the oversold region around the 40 mark, indicating a potential reversal or consolidation period.</span></p>
    <p><span style="font-weight: 400;">Should bearish sentiment continue, the price of Hamster Kombat may decline further, with the next support level around $0.0055.</span></p>
    <figure id="attachment_581484" aria-describedby="caption-attachment-581484" style="width: 1274px" class="wp-caption alignnone">
        <picture decoding="async" class="size-full wp-image-581484">
            <source type="image/webp" srcset="https://insidebitcoins.com/wp-content/uploads/2024/09/DeDust-_GeckoTerminal.com_HMSTR_2024-09-30_07-40-17.png.webp 1274w, https://insidebitcoins.com/wp-content/uploads/2024/09/DeDust-_GeckoTerminal.com_HMSTR_2024-09-30_07-40-17-300x125.png.webp 300w, https://insidebitcoins.com/wp-content/uploads/2024/09/DeDust-_GeckoTerminal.com_HMSTR_2024-09-30_07-40-17-1024x428.png.webp 1024w, https://insidebitcoins.com/wp-content/uploads/2024/09/DeDust-_GeckoTerminal.com_HMSTR_2024-09-30_07-40-17-768x321.png.webp 768w" sizes="(max-width: 1274px) 100vw, 1274px"/>
            <img decoding="async" src="https://insidebitcoins.com/wp-content/uploads/2024/09/DeDust-_GeckoTerminal.com_HMSTR_2024-09-30_07-40-17.png" alt="Hamster Kombat Price Chart Analysis Source: GeckoTerminal.com" width="1274" height="532" srcset="https://insidebitcoins.com/wp-content/uploads/2024/09/DeDust-_GeckoTerminal.com_HMSTR_2024-09-30_07-40-17.png 1274w, https://insidebitcoins.com/wp-content/uploads/2024/09/DeDust-_GeckoTerminal.com_HMSTR_2024-09-30_07-40-17-300x125.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/09/DeDust-_GeckoTerminal.com_HMSTR_2024-09-30_07-40-17-1024x428.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/09/DeDust-_GeckoTerminal.com_HMSTR_2024-09-30_07-40-17-768x321.png 768w" sizes="(max-width: 1274px) 100vw, 1274px"/>
        </picture>
        <figcaption id="caption-attachment-581484" class="wp-caption-text">HMSTRUSD Chart Analysis Source: GeckoTerminal.com</figcaption>
    </figure>
    <p><span style="font-weight: 400;">Simultaneously, the MACD is displaying bullish signals for the Hamster Kombat price, with the token having risen from the $0.0054 support towards the upper edge of the wedge. The green bars on the histogram further indicate that HMSTR might be on the verge of gaining positive momentum.</span></p>
    <p><span style="font-weight: 400;">If market conditions improve, the HMSTR price could rally towards a bullish trend past the wedge as bulls target the next support region at $0.0070.</span></p>
    <p><span style="font-weight: 400;">In the meantime, investors might want to consider the</span> <span style="font-weight: 400;">Sponge V2 (SPONGE V2)</span><span style="font-weight: 400;"> token, which YouTuber Jacob Bury, who has over 42K subscribers, claims might increase by 100X.</span></p>
    <noscript></noscript>
    <h2>Final Opportunity To Purchase Sponge V2 Before Exchange Launch</h2>
    <p><span style="font-weight: 400;">If you missed the opportunity to benefit from the 100x surge after Sponge V1's launch last year, there’s a chance with </span><span style="font-weight: 400;">Sponge V2</span><span style="font-weight: 400;">.</span></p>
    <p><span style="font-weight: 400;">The team transitioned from Sponge in early February, with over 13,000 holders migrating to the more secure and economical V2 on the Polygon Network. Sponge V2 is an enhanced version of its predecessor, promising greater rewards and a solid ecosystem.</span></p>
    <blockquote class="twitter-tweet" data-width="550" data-dnt="true" wp_automatic_readability="4.3934426229508">
        <p lang="en" dir="ltr">Yeah <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Bitcoin</a> is cool.<br/>But <a href="https://twitter.com/search?q=%24SPONGE&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$SPONGE</a> is cooler. 🧽💦 <a href="https://t.co/175bQlioxD">pic.twitter.com/175bQlioxD</a></p>
        <p>— $SPONGE (@spongeoneth) <a href="https://twitter.com/spongeoneth/status/1821848953639350320?ref_src=twsrc%5Etfw">August 9, 2024</a></p>
    </blockquote>

    <p><span style="font-weight: 400;">The roadmap for Sponge V2 is packed with promising advancements, including upcoming exchange listings that may enhance its price.</span></p>
    <p><span style="font-weight: 400;">Traders also have a chance to earn passive income by acquiring and staking $SPONGE V2 tokens, enjoying a commendable annual percentage yield (APY) of 34% on the Polygon Network.</span></p>
    <p><span style="font-weight: 400;">To participate in the presale,</span> <span style="font-weight: 400;">you can purchase Sponge V2 tokens on the official website here</span><span style="font-weight: 400;">. Link your digital wallet to exchange your ETH or USDT for Sponge V2 tokens. You also have the option to buy directly using your bank card.</span></p>
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