Hamster Kombat (HMSTR) Token Overview
The Hamster Kombat (HMSTR) token is the native cryptocurrency for a unique Telegram-based game where players manage a fictional crypto exchange as the CEO, making strategic decisions to grow their company and earn rewards. Players can invest in marketing, talent acquisition, product development, and licensing, among other areas, while competing in PvP battles and events.
Key HMSTR Token Data:
1. Price and Market Performance:
Current Price: Approximately $0.00474 USD.
24-Hour High/Low: $0.005161 / $0.004639.
24-Hour Price Change: -6.15% (indicating a recent decline in price).
7-Day Price Change: -20.62%, reflecting a significant downturn over the week.
Trading Volume (24H): $102.82 million, a 19.80% decrease compared to the previous day.
2. Market Capitalization:
Market Cap: $305.61 million.
Fully Diluted Market Cap: $474.74 million.
Circulating Supply: 64.38 billion HMSTR tokens, which represents 64.38% of the total supply.
Total Supply: 100 billion HMSTR tokens.
3. All-Time High/Low:
All-Time High Price: $0.010043 (reached recently on September 27, 2024).
All-Time Low Price: $0.000007305 (recorded on October 2, 2024). The current price is approximately 6.60% higher than this all-time low.
4. Market Popularity and Ranking:
Ranking: #161 in popularity based on market capitalization.
Market Position: Ranked #206 overall on CoinGecko, indicating moderate traction in the crypto market.
Token Utility and Use Cases:
The HMSTR token serves several functions within the Hamster Kombat ecosystem:
In-Game Currency: Used for purchasing character skins, upgrades, premium support, community tools, and SDKs for game developers.
Exclusive Access: Unlocks special events, PvP battles, and squad-based activities available for a limited time.
Trading Platforms:
HMSTR is actively traded on multiple centralized exchanges (CEXs), including:
Binance: The most popular exchange for HMSTR trading, with the highest trading volume.
OKX: A significant exchange with competitive liquidity.
Bitget, Bybit, and KuCoin: Other popular options for trading HMSTR with a variety of trading pairs.
Future Developments:
Looking forward to 2024, Hamster Kombat plans to release the second season of its game, expand its game library, and integrate external payment systems to enhance user experience and increase token utility.
Conclusion:
HMSTR is a meme-based utility token associated with a fun and engaging game that has managed to garner attention due to its unique use case. However, its recent price movements and trading volume suggest that it is currently experiencing a downturn. Investors and users should monitor developments and market activity closely to make informed decisions.