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Hamster Kombat Debuts On Binance, $643M Circulating Market Value

21 mins ago - Around 3 mins mins to read Key Points: Hamster Kombat, the largest mini-game on TON, is launching on Binance Launchpool on September 26, 2024, with its native token HMSTR⁠. The game...

Hamster Kombat Debuts On Binance, $643M Circulating Market Value

21 mins ago - Around 3 mins mins to read

Key Points:

  • Hamster Kombat, the largest mini-game on TON, is launching on Binance Launchpool on September 26, 2024, with its native token HMSTR⁠.
  • The game has 300 million total accounts, with 32 million daily active users and 82 million monthly active users.
Hamster Kombat, TON’s largest mini-game, launches on Binance Launchpool on September 26, 2024. With 300M total accounts and 64.375B HMSTR tokens in circulation, it now faces controversies over token distribution.
Hamster Kombat Debuts On Binance, $643M Circulating Market Value

Hamster Kombat, the largest mini-game on TON, is set to launch on Binance on September 26, 2024, which marks the fifth TON ecosystem project to be launched on Binance Launchpool.

Hamster Kombat (HMSTR) Token Distribution Details

According to user statistics reported by EmberCN, the game has recorded 300 million total accounts, whereas the number of daily active and monthly active accounts is 32 million and 82 million, respectively. Moreover, it is being said that over 55 million bound wallets are held by Hamster Kombat.

Hamster Kombat Debuts On Binance, $643M Circulating Market Value
Source: EmberCN

The native token of the game, HMSTR, has a total supply of 100 billion. The initial circulation at listing is 64.375% (64.375 billion tokens), with 53.25% allocated for airdrops, 3% for Binance mining, 4% for liquidity, 4% for market, and 0.13% for partners. Interestingly, three-quarters of HMSTR were supposed to be dropped as airdrops, with 60% of the total tokens air-dropped at launch.

The current OTC trading price of HMSTR is approximately $0.01 with 64.375% of the initial circulation, HMSTR has a circulating market value of $643 million.

Read more: Hamster Kombat Airdrop Only Allotted to 131M Genuine Users

Controversies and Challenges in Hamster Kombat’s Growth

Following the popularity of Hamster Kombat, some controversies have been raised related to HMSTR distribution. Sources reported that the number of tokens players receive is primarily determined by the number of friends invited through referral links, rather than gameplay achievements.

Such a situation has generated dissatisfaction within the hardcore community members who have invested much time in playing the game.

Recently, Hamster Kombat took action against cheating by banning over 2.3 million accounts and recovered 6.8 billion tokens. Half of the tokens recovered this way have been redistributed to honest players; the other half will be destroyed.

According to Foresight News, Hamster Kombat also has had an unexpected impact on the Russian e-commerce market, with some players purchasing fascia guns to enhance their “hamster knocking” ability in the game. The trend has led to increased sales of fascia guns on Russian e-commerce platforms.

Hamster Kombat Debuts On Binance, $643M Circulating Market Value

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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