• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Layer-2 launch doesn't lift Hamster Kombat price

user avatar

by Giorgi Kostiuk

a year ago

Hamster Kombat token remains in a tight range despite developers' announcement of a new layer-2 blockchain launch.

Layer-2 Network Launch

Hamster Kombat developers announced a new layer-2 blockchain launch in collaboration with Tycho, as confirmed on X. The network aims to enhance scalability and speed on the TON Blockchain.

I have to become more... One superman once said, and so do we! The Hamster DAO voted in favor of the Hamster Kombat & Tycho partnership to build the baddest blockchain out there! So shall it be!

Background and Context

Despite popularity in gaming and decentralized finance, Hamster Kombat faced challenges post-airdrop, with many holders selling tokens. The number of holders has decreased to 3.8 million. Developers hope the network will bolster HMSTR token utility.

Price Analysis

As of publication, Hamster Kombat token trades at $0.0030, hovering around the 50 and 25 moving averages, indicating low demand. However, a symmetrical triangle pattern suggests potential breakout or breakdown. An upward move could hit $0.003580, while a downward move could test support at $0.0025.

In the future, Hamster Kombat aims to leverage the new network to strengthen token positioning and attract gaming and decentralized finance developers.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Ripple's RLUSD Project Emphasizes Security in DeFi

chest

Ripple's RLUSD project focuses on risk management and security, avoiding risky bridges that have led to exploits in other DeFi systems.

user avatarAndrew Smith

Bitmine Strengthens Ethereum Commitment with New Staking

chest

Bitmine has staked an additional 61,232 ETH, bringing its total staked ETH to 3,395,869, reinforcing its commitment to the Ethereum network.

user avatarDavid Robinson

Ethereum Consolidates Below $2,400 Amid Market Dynamics

chest

Ethereum is currently consolidating just below $2,400 as market participants await a catalyst for the next price movement.

user avatarMaria Gutierrez

Shiba Inu's Open Interest Surges Over 20%, Surpassing Bitcoin and XRP

chest

Shiba Inu has seen a significant increase in Open Interest, surpassing Bitcoin and XRP, indicating a shift in trader sentiment.

user avatarJacob Williams

Trump-Linked Crypto Ventures Raise Concerns

chest

Bollinger raises concerns about Trump-linked crypto ventures affecting major cryptocurrencies like Bitcoin and XRP.

user avatarSon Min-ho

John Bollinger Critiques Capital Drain from Crypto Market

chest

John Bollinger expresses concerns about the impact of political actions on the crypto market, particularly regarding Bitcoin and XRP.

user avatarZainab Kamara

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.