Hamster Kombat: What to Expect from HMSTR Price in Last Week of October?

Pooja Khardia
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Hamster Kombat: What to Expect from HMSTR Price in Last Week of October?

From the most awaited crypto project to complete disappointment, Hamster Kombat is approaching its 1-month anniversary since its launch. The Tap-to-earn game was introduced in March, and in just six months, it has gained more than $300M players. However, the unfairness of the HMSTR airdrop and the banning of millions of people from airdrop despite their months-long progress surrounded negative sentiments around the token. With this, the HMSTR price ended up in a complete downtrend, losing more than half of its value since its launch.

More importantly, the user’s focus is shifting towards the Hamster competitions, like X Empire as the token listing, and X airdrop is on October 24, 2024.

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Analyzing The Hamster Kombat Performance Since Launch

The popular Tap-to-earn game’s token made its presence in the crypto market with a pre-listing price of 0.0118 USDT. However, moments after the launch, the HMSTR price declined to $0.009496 and has been in a downtrend. With this, the best performance the token has ever exhibited was on September 26, when it traded at around $0.01004. However, the price has declined by 67%, currently at $0.00377.

Hamster Kombat Price Analysis

Even the Hamster Kombat price hit its bottom four days ago, declining to $0.003656. It was the bottom of the price chart for this Hamster game, clearly revealing the users losing interest and month-long disappointment. Though it has peaked at 4% from the bottom, the ongoing performance is still concerning, and many are worried about future performance, especially with the rising Kombat vs X Empire debate.

Big Things Are Coming For Hamster Kombat In October End

Based on the current performance, the token’s future is in jeopardy. However, the Kombat team has planned things to make the HMSTR price recover in the future. As per the Times of India statement, Hamster Kombat Season 2 might begin in the last week of October to offer another entertaining playing experience.

Just recently, the game finished the interlude season, with the players waiting for Season 2, as the team has promised various new and better features. Additionally, a second airdrop might happen in the summer, rewarding the participants again.

There is significant enthusiasm around the second season, as the team will launch staking-like features. Here, the players who received the HMSTR tokens in this airdrop can retain these tokens within the game. However, it is important to note that this does not actually involve on-chain staking or Smart Contract interactions. Instead, it is a rewarding system where retaining the token within the game could boost their Season 2 earnings.

Additionally, the player could develop their development studio, build teams, create games, and much more. Here, they will have more control over the game. Interestingly, the team has hinted at big development activities that might take even days to finish, bringing extra fun with the old features like daily combos, tapping to earn, etc.

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How Will It Impact HMSTR Price?

With the Season 2 launch, the Hamster Kombat token might witness an additional push toward recovery. This token is struggling due to the unfair airdrop distribution, but with time, the sentiments are cooling off the people. Moreover, the market favoring the bulls can also impact this token’s recovery in the future, especially with the new season. Many analysts have claimed to see the HMSTR price to $0.01 and higher in the future. However, strong selling pressure is persistent on the charts, so the recovery might halt in mid, with the sellers selling immediately after witnessing a minor surge.

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Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
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Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

About Author
About Author
Pooja Khardia is a seasoned crypto content writer with 6+ years of experience in writing, including in blockchain, cryptocurrency, DeFi, and digital finance reporting. In her adventure journey, she is currently working with CoinGape Media and leading their Trending Section. Here, she uses her expertise to deliver analytics, market insights, price predictions, and information on what’s trending in the crypto space, aiming to keep the crypto and web3 community updated with market trends and important insights. Known for a user-centric and straightforward writing style, Pooja is passionate about making crypto easy and accessible. Her writing blends market research with storytelling, helping readers stay ahead in a fast-paced industry. When not behind the keyboard, Pooja embraces her creative side through drawing and crafting. Connect with Pooja on LinkedIn or X.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.