DWF Labs, a well-known market-making company in the cryptocurrency world, has acquired a new token in the memecoin class called Hamster Kombat. This transaction has significantly increased its value on the market.
DWF Labs Acquires Hamster Kombat
According to Onchain data, DWF Labs recently purchased Hamster Kombat (HMSTR) tokens worth $654,000 from various cryptocurrency exchanges. This new addition to the company's portfolio has sparked interest in the market.
Rise in HMSTR Token Price
Following DWF Labs' action, the HMSTR price saw an impressive rally, rising by over 90% in the last 24 hours. As of this writing, the price of the HMSTR token is $0.005764.
Current Assets of DWF Labs
Currently, DWF Labs' assets in cryptocurrency wallets amount to approximately $15 million, showing a $500,000 increase due to the market rally. The company's top altcoins include DEXE ($2.60 million), GALA ($2.01 million), and AXL ($1.87 million).
DWF Labs' actions once again affirm their active participation in the cryptocurrency market. Buying memecoins like Hamster Kombat and the subsequent rise in its value are drawing attention from both investors and analysts.
