🚨 Shocking Drop: Hamster Token Plunges Over 27% Amid Intense Selling Pressure!
Hamster Kombat ($HMSTR) has witnessed a sharp decline in value over the past 24 hours, losing more than 27% of its market value amid a wave of intense sell-offs that has alarmed investors.
The token’s price fell from a peak of $0.002607 to a low of $0.001179, and is currently trading around $0.001453, amid extreme volatility shaking the altcoin market.
📊 Massive Trading Activity:
Over 137.61 billion HMSTR tokens were traded in the past 24 hours.
The equivalent USDT trading volume reached $219.53 million, reflecting an unusually high level of selling activity.
📉 What’s Behind the Crash?
Analysts believe the drop is driven by a mix of factors:
Sudden sell-offs by large holders (whales), likely taking profits.
Broad corrections in the altcoin market, particularly affecting meme-based and Telegram-related tokens.
Panic among smaller investors, who rushed to sell, accelerating the decline.
👁️🗨️ What’s Next for HMSTR?
Investors are closely watching whether the token can hold above the key support level of $0.0014, or if it will face further losses in the absence of strong bullish catalysts.