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Expanding Support for Hamster Kombat (HMSTR) on Bybit's Pre-Market Trading Platform

by A1

3 months ago


Bybit, a cryptocurrency exchange, has broadened its backing for upcoming projects on The Open Network (TON) by permitting Hamster Kombat (HMSTR) pre-market token trading on its Pre-Market Trading platform. The new project, a tap-to-earn Telegram game enabling users to mine HMSTR coins through managing a virtual crypto exchange, is set to begin pre-market trading on Bybit Pre-Market Trading, the over-the-counter (OTC) platform, on July 8, 2024. This platform is designed to facilitate the trading of new tokens before their official listing, enabling buyers and sellers to place bids and execute trades at predetermined rates. Bybit views the inclusion of HMSTR tokens on its Pre-Market platform as a notable advancement, allowing users to buy HMSTR tokens before they are listed for Spot trading. ByBit has highlighted that users can secure purchase and sale prices in advance through this exclusive access, which enhances the exchange’s trading functionalities and empowers users to obtain HMSTR tokens prior to market availability. While the exact date of HMSTR’s spot trading debut remains uncertain, it is now featured on Bybit Pre-Market Trading. Bybit has emphasized that pre-market activities may reflect market expectations, but various factors can influence the official listing price. They have emphasized that a direct correlation between the two prices may not always exist as they are dictated by market forces. Based on data from Bybit Pre-Market Trading, the pre-market price of HMSTR has been fluctuating between approximately $0.001 and $0.1 at the time of this write-up.

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