Hamster Kombat, the popular play-to-earn crypto game on Telegram, recently achieved a significant milestone. The official website reports that it has garnered over 200 million users, positioning it as one of the fastest-growing and largest projects in the P2E market.
What’s unique about the launch of the HMSTR token?
According to reports, the launch is unique because Hamster Kombat will officially introduce its HMSTR token in July on The Open Network (TON). This airdrop will differ from traditional airdrops as it will take into account not only coin balance but also players’ profit per hour and other activity parameters.
This innovative approach is designed to boost players’ passive earnings by encouraging strategic token reinvestment. The first phase of the airdrop, which began on June 8, saw users linking their TON wallets to the Hamster Kombat game.
Concurrently, as Hamster Kombat gains popularity, the P2E market capitalization has reached over $10 billion. Popular play-to-earn cryptos such as FLOKI and The Sandbox have recently experienced significant gains.
The surge in the P2E sector’s price has sparked significant interest, especially with the buzz around Hamster Kombat. The question on everyone’s mind is: could Hamster Kombat’s July token launch be the catalyst that propels the market cap above $15 billion? The potential is certainly there, and the anticipation is palpable.
Market predictions based on NOT performance
Notcoin, the most successful Telegram-based P2E game yet, has also gained unprecedented popularity, kindling hope for HMSTR and the market as a whole. Notcoin was officially listed on leading exchanges in mid-May 2024 and reached an all-time high of $0.02935 on June 2. The Notcoin airdrop distributed NOT tokens to over 11.5 million users, totaling over $2.5 billion.
However, since then, NOT has experienced a downturn and is trading at $0.01311 after dropping from a market cap of over $2.6 billion to $1.3 billion at press time. While price predictions on X are varied, the Notcoin price is under bearish pressure, but the money flow increase signifies a buying opportunity.
The Money Flow Index (MFI) indicates a bullish divergence. The recent decline in speculative activity suggests that it may be unable to reverse its losses and rise to $0.016.
With more users than NOT, Hamster Kombat has a high potential to outperform NOT and contribute to the overall growth of the play-to-earn market. Other factors, such as the price of Bitcoin, the overall health of the cryptocurrency market, TON’s ability to handle large transaction volumes, gas fees, and more, will also come into play.
Hamster Kombat is an engaging, well-designed game with a large, active user base, and this can be expected to help drive the entire P2E market forward.
