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Hamster Kombat Listing Date | What You Need To Know

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The Hamster Kombat token ($HMSTR) is set to be listed on major cryptocurrency exchanges, including Binance, Bybit, and OKX, on September 26, 2024. Prior to the listing, a 1 billion token airdrop will take place on September 23, 2024.

The highly anticipated launch of Hamster Kombat native token, $HMSTR, is set for September 26, 2024, on major exchanges like Binance, Bybit, and OKX. Preceding this, a 1 billion $HMSTR airdrop will occur on September 23, 2024, aimed at re-engaging users and rewarding early supporters. With over 300 million players, $HMSTR is the game’s in-game currency, allowing for the purchase, upgrade, and trading of hamster-themed NFTs. Community efforts are ongoing to include $HMSTR on major exchanges to boost visibility and trading volume.

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Hamster Kombat listing date

Hamster Kombat’s $HMSTR token will be listed on major exchanges like Binance, Bybit, and OKX on September 26, 2024. Preceding the listing, an airdrop of 1 billion tokens will take place on September 23, 2024, aimed at re-engaging users and rewarding early supporters. The game, popular in the play-to-earn space, uses the $HMSTR token for purchasing, upgrading, and trading hamster-themed NFTs. The price is expected to start at $0.1140 based on pre-market activity. The community is advocating for the token’s inclusion on Binance, which could increase its visibility.

Additionally, the game has over 300 million players globally and a vibrant social media presence, helping drive engagement and market interest. Future updates to the game include new battle arenas, NFTs, and collaborations with other platforms to expand $HMSTR’s ecosystem.

Comparison of crypto exchange conditions
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Ledger Wallet

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How to prepare for the Hamster Kombat listing

Hamster Kombat is a cryptocurrency project inspired by meme culture, centered on a gaming platform where users can engage in battles featuring hamster characters. Players can earn rewards, stake tokens, and trade NFTs related to their in-game assets. This project stands out because of its playful nature and its combination of gaming and crypto, attracting a diverse audience from both worlds.

To get ready for the token’s listing, follow these steps:

  • Create and verify your exchange accounts
    Ensure you have accounts on the exchanges where Hamster Kombat will be available, such as Binance, Bybit, KuCoin, and Bitget. Make sure your accounts are verified and funded in advance to be prepared for the listing.

  • Study the market
    Leading up to the listing, keep an eye on market trends related to meme coins and gaming tokens. Analyzing market sentiment and understanding the current trends will help you anticipate potential price movements after Hamster Kombat launches.

  • Familiarize yourself with trading tools
    Consider setting up price alerts or using trading bots to stay on top of market fluctuations. Since new token listings often experience heightened volatility, having a clear trading strategy and quick execution options is crucial.

Step-by-step guide to trading Hamster Kombat on listing day

To navigate the market on the listing day, here’s a structured approach:

  1. Pre-listing preparations
    Ensure that your exchange account is ready and fully funded before the listing time. Stay updated on the latest news from Hamster Kombat official channel or TU Airdrop Daily to avoid missing any critical updates.

  2. Monitor market activity
    Set up price alerts and keep a close watch on the order book. Understanding the key buy and sell levels will provide you with insights into when to enter or exit the market.

  3. Execute your trades with a strategy
    Stick to your trading plan. Avoid making emotional decisions during moments of extreme volatility. Whether you plan to buy during price dips or take profits after a surge, having a clear strategy will help you avoid unnecessary risks.

  4. Post-listing actions
    After the initial volatility settles, evaluate your position. You may want to consider staking your tokens for additional rewards or explore other opportunities within the Hamster Kombat ecosystem.

Understanding Hamster Kombat tokenomics

Understanding the tokenomics of Hamster Kombat is essential for making informed trading decisions.

1. Supply and distribution
The total supply of Hamster Kombat tokens is capped at 10 billion. A large portion of this supply is allocated to incentivize community participation, staking rewards, and gaming activities. The project ensures a fair distribution of tokens, with a significant portion going to game participants and active community members.

2. Utility and use cases
The Hamster Kombat token plays a central role in the gaming platform. Players use the token to place bets during battles, buy in-game items, and stake tokens to earn rewards. The token also has governance features, enabling holders to vote on important decisions affecting the game’s future. Additionally, the token is tied to an NFT marketplace, where players can create, customize, and trade their hamster characters as NFTs, adding an extra layer of value to the ecosystem.

Risks and warnings

As with any crypto investment, trading Hamster Kombat carries risks. Here are some key considerations:

  • Market volatility. The listing day could bring substantial price swings. Be cautious and avoid making impulsive decisions based solely on short-term price fluctuations.

  • Regulatory uncertainty. Meme-based tokens, like many cryptocurrencies, are subject to regulatory changes that could affect your ability to trade them. Stay updated on any legal developments that may impact Hamster Kombat.

  • Technical challenges. High-profile token listings often lead to exchange outages or slow transaction processing due to high demand. Be prepared for these potential issues, which can affect your ability to trade at key moments.

Pros and cons of investing in Hamster Kombat

Before investing in Hamster Kombat, consider the advantages and risks involved:

  • Pros
  • Cons
  • Potential for high growth. Meme tokens can experience significant price spikes in their early days of trading.
  • Community engagement. The gaming focus of Hamster Kombat gives it a solid user base, which could drive demand for the token.
  • Unique use case. As a gaming token with real utility, Hamster Kombat offers more than just speculative trading.
  • High volatility. The token could experience significant price fluctuations, especially on its listing day.
  • Regulatory risks. Changes in crypto regulations could negatively impact the token and the broader project.
  • Market manipulation. Meme-based tokens can be susceptible to pump-and-dump schemes, which may result in rapid losses.

Pivotal moment for the game

Anastasiia Chabaniuk Author, Financial Expert at Traders Union

I believe the Hamster Kombat token listing represents a pivotal moment for both the game and its community. Listings on major exchanges like Binance and Bybit will significantly enhance the token’s liquidity and visibility, creating new trading opportunities.

However, with high anticipation comes volatility, so it's important for traders to approach with a strategy. The upcoming airdrop is a smart move to re-engage players, ensuring a strong foundation of support during the launch.

Summary

The Hamster Kombat $HMSTR token is set to be listed on major exchanges, including Binance and Bybit, on September 26, 2024, following an airdrop of 1 billion tokens. The listing is expected to boost liquidity and visibility for the game’s token, which serves as the primary currency for purchasing and trading NFTs. The airdrop aims to re-engage players, with growing community efforts advocating for $HMSTR’s inclusion on major exchanges to further increase trading volume and market potential.

FAQs

How can I buy Hamster Kombat tokens immediately after the listing?

To purchase Hamster Kombat tokens right after the listing, ensure your exchange account is funded and ready. You can place a market order as soon as the token becomes available for trading.

Will the Hamster Kombat listing affect the price of other tokens?

It’s possible. New token listings, especially those with high visibility, can draw liquidity and attention away from other tokens, leading to temporary price shifts in related assets.

Can I use a mobile app to trade Hamster Kombat on listing day?

Yes, most major exchanges offer mobile apps that will allow you to trade Hamster Kombat tokens on the go.

What happens if the Hamster Kombat listing gets delayed?

In case of a delay, the Hamster Kombat team will announce a new listing date through their official communication channels. Be sure to follow them to stay updated.

Team that worked on the article

Parshwa Turakhiya
Author at Traders Union

Parshwa is a content expert and finance professional possessing deep knowledge of stock and options trading, technical and fundamental analysis, and equity research. As a Chartered Accountant Finalist, Parshwa also has expertise in Forex, crypto trading, and personal taxation. His experience is showcased by a prolific body of over 100 articles on Forex, crypto, equity, and personal finance, alongside personalized advisory roles in tax consultation.

Chinmay Soni
Developmental English Editor

Chinmay Soni is a financial analyst with more than 5 years of experience in working with stocks, Forex, derivatives, and other assets. As a founder of a boutique research firm and an active researcher, he covers various industries and fields, providing insights backed by statistical data. He is also an educator in the field of finance and technology.

As an author for Traders Union, he contributes his deep analytical insights on various topics, taking into account various aspects.

Mirjan Hipolito
Cryptocurrency and stock expert

Mirjan Hipolito is a journalist and news editor at Traders Union. She is an expert crypto writer with five years of experience in the financial markets. Her specialties are daily market news, price predictions, and Initial Coin Offerings (ICO).

Glossary for novice traders
Cryptocurrency

Cryptocurrency is a type of digital or virtual currency that relies on cryptography for security. Unlike traditional currencies issued by governments (fiat currencies), cryptocurrencies operate on decentralized networks, typically based on blockchain technology.

Pump and Dump

Pump and dump" is a fraudulent scheme commonly seen in financial markets, especially in the context of stocks or cryptocurrencies. In a pump and dump scheme, manipulative individuals or groups artificially inflate the price of an asset, often through spreading false or misleading information to attract unsuspecting investors.

Fundamental Analysis

Fundamental analysis is a method or tool that investors use that seeks to determine the intrinsic value of a security by examining economic and financial factors. It considers macroeconomic factors such as the state of the economy and industry conditions.

Crypto trading

Crypto trading involves the buying and selling of cryptocurrencies, such as Bitcoin, Ethereum, or other digital assets, with the aim of making a profit from price fluctuations.

Extra

Xetra is a German Stock Exchange trading system that the Frankfurt Stock Exchange operates. Deutsche Börse is the parent company of the Frankfurt Stock Exchange.