The #Hamster Kombat ($HMSTR ) token has had a tumultuous trading day. Following its highly anticipated launch on several major cryptocurrency exchanges such as #Binance , #OKXWeb3Wallet , and #KuCoin , the token initially saw a trading surge of over $1.2 billion within the first 24 hours. However, the excitement quickly faded as the token experienced an 18% drop, with the price currently sitting at approximately $0.0067, down from earlier highs.
Much of the market's dissatisfaction stems from the recent airdrop, where 60 billion tokens were distributed. Unfortunately, many community members have expressed frustration over unfair distribution practices, with large portions of tokens reportedly going to influencers, leaving the broader community feeling overlooked. This has caused further sell-offs, exacerbating the token's price decline.
Despite the rocky start, Hamster Kombat's development team remains optimistic about future growth, with a bullish breakout being predicted by some analysts. However, the token’s near-term performance will depend heavily on whether the project can regain the community's trust.
