Hamster Kombat Falls 29% Post-Launch on Major Crypto Exchanges

The viral clicker game Hamster Kombat dropped over 29% following its launch today across major cryptocurrency exchanges.

Starting at $0.014, the HMSTR price added another zero, currently trading at $0.008788 as of 10:02 a.m. EST, with a market capitalization of $564.8 million, according to CoinGecko.

The eagerly awaited Season 1 airdrop of the HMSTR token was executed today at 12:00 p.m. UTC.

60 Billion HMSTR Tokens Allocated Via Top Crypto Exchanges

Hamster Kombat has allocated 60 billion HMSTR tokens to 131 million eligible players, making up 60% of the total supply for the altcoin. The team has revealed plans to distribute an additional 15 billion tokens in the second season of airdrops. 

THE MOMENT HAS COME

$HMSTR trading has officially commenced!

Congrats, and here’s to the moon, CEOs! pic.twitter.com/a0Yy7VRAxb

— Hamster Kombat (@hamster_kombat) September 26, 2024

Trading for the cryptocurrency launched on several top-tier centralized exchanges, facilitating the token distribution. Major platforms like Binance, OKX, Bitfinex, and Bitget have included the crypto in their trading pairs.

In addition to the launch on centralized exchanges, Hamster Kombat has also initiated on-chain token claims, enabling options for immediate withdrawals.

TON Blockchain Prepares For Potential Stress From Hamster Kombat Airdrop 

Considering the airdrop’s scale, the TON core team has cautioned about potential network issues arising from the significant distribution volume. Earlier in the month, the blockchain’s team noted that the network “is likely to experience increased technical strains and possibly unexpected challenges.” 

TON blockchain validators have also been instructed to monitor the TON Status Telegram channel for any emergency actions requested within an hour from September 26 to September 29.

While HMSTR embarks on its airdrop initiative and the TON core team braces for elevated traffic, there are speculations that the layer-2 meme coin Pepe Unchained (PEPU) might be the next altcoin to stir excitement in the crypto space.

An amazing $15M raised!

Prepare for the biggest launch of the current bull season! pic.twitter.com/EyDn4uzZ6z

— Pepe Unchained (@pepe_unchained) September 24, 2024

The project has already secured over $15 million and offers presale investors who stake PEPU a staggering 138% Annual Percentage Yield.  

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