Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
HMSTR Token Soars 581% After Binance Listing and Airdrop

HMSTR Token Soars 581% After Binance Listing and Airdrop

CoineditionCoinedition2024/09/26 16:00
By:Parth Dubey
  • Hamster Kombat’s HMSTR token is ranked 12th on Binance in terms of volume.
  • The HMSTR token already has a trading volume of $1.06 billion.
  • HMSTR also debuted an updated roadmap for the remainder of 2024 and 2025.

HMSTR, the native token of the popular Telegram game Hamster Kombat, saw a massive surge in its trading volume, reaching 12th position on Binance, the world’s largest crypto exchange. This surge coincided with a recovery in the broader digital asset market, with Bitcoin reclaiming $65,000 and Ether (ETH) breaking above $2,600.

HMSTR Achieves $1 Billion Trading Volume on Binance

According to the Binance website , HMSTR has a trading volume of $1.06 billion, while its market cap is $438.84 million. The altcoin has risen 581.60% in the past 24 hours, reaching $0.006832 at the time of publication.

Hamster Kombat’s highly anticipated airdrop launched on September 26 at 7:48 am EST, with the exchange listing following 12 minutes later. The HMSTR token briefly traded at $0.012, resulting in a market capitalization of $772.5 million, before dropping shortly after.

CoinMarketCap data shows HMSTR as the 140th-largest digital asset by market capitalization. With the token achieving a billion in trading volume just hours after listing, the Telegram-based altcoin shows substantial potential. Notcoin (NOT), another altcoin in the Telegram ecosystem, also increased by more than 4% in the past 24 hours, trading at $0.008818, up 11.20% over the past seven days.

HMSTR has a maximum supply of 100 billion tokens, with three-quarters allocated for airdrops to users.

Hamster Kombat’s Roadmap Outlines Plans for 2024 and 2025

Hamster Kombat also released a roadmap outlining the Telegram-based game’s plans for the rest of 2024 and next year. For the remainder of 2024, the developers will focus on integrating external payment systems and adding non-fungible tokens (NFTs) to the game, while also developing new games within the ecosystem.

Read also: TON Blockchain’s Biggest Test Yet: Hamster Kombat Airdrop

In 2025, Hamster Kombat will launch an internal NFT marketplace and work towards integration with desktop games. The project will also introduce Real Money Trading (RMT) and launch two major game titles with full token integration into the game economy.

Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Sei Research Initiative Aims to Overcome EVM Limitations

Sei Labs and the Sei Foundation launch the Sei Research Initiative to address Ethereum Virtual Machine limitations, enhancing scalability and decentralization.

Blockchainnews2024/11/28 00:22

US Elections Propel $2.2B Inflows into Digital Assets, Bitcoin (BTC) Leads

The recent US elections have sparked $2.2 billion in inflows into digital assets, with Bitcoin and Ethereum witnessing significant activity, according to CoinShares.

Blockchainnews2024/11/28 00:22

Reimagining EVM Storage: Addressing Key Blockchain Challenges

Explore innovative solutions to optimize the Ethereum Virtual Machine (EVM) storage layer, tackling state bloat and high gas costs through advanced data structures and blockchain strategies.

Blockchainnews2024/11/28 00:22

Ethereum Opens Applications for Next Billion Fellowship Cohort 5

Ethereum is now accepting applications for the Next Billion Fellowship Cohort 5, a program designed to leverage blockchain technology for solving real-world challenges.

Blockchainnews2024/11/28 00:22