Hamster (HMSTR) is experiencing significant market volatility today. The current price is $0.0049, up about 2.73% in the last 24 hours, but it has lost about 25.3% of its value over the past week, indicating a turbulent sentiment in the coin. The current market cap is $314 million, with a daily trading volume of $145 million.
One of the main reasons for this decline is the decline in confidence after the airdrop and the resulting profit-taking selling. However, there are still expectations for a possible recovery of the coin, with some analysts predicting a possible recovery of up to 100% in the coming period if the overall market conditions improve.
User Protests: After the airdrop tokens were distributed, many players expressed their dissatisfaction with the very small amount of tokens they received, which led to an increase in negative sentiment around the project. The hashtag#HMSTRSCAMwas trending on social media, with users accusing the team of unfairly distributing tokens.
Despite the current challenges, there is hope that the situation can improve if the project can regain user confidence and work on addressing technical and structural issues. With strong support from platforms like Binance, there is still potential for the currency to boost its activity in the markets, but it will take significant efforts to regain trust in its community.
