• 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

Long-term Bitcoin Holders Begin Accumulation Amid Market Volatility

chest

Long-term Bitcoin holders are starting to accumulate despite recent price drops, indicating a potential shift in market dynamics.

user avatarMohamed Farouk

Bitcoin Rebounds After Hitting Two-Year Low

chest

Bitcoin experienced a rebound after hitting its lowest level since September 2024, influenced by soft US economic data and comments from the Federal Reserve chair.

user avatarElias Mukuru

Securitize to Begin Trading on NYSE Under Ticker SECZ

chest

Securitize's stock is expected to begin trading on the New York Stock Exchange under the ticker symbol SECZ, testing Wall Street's acceptance of tokenization.

user avatarDiego Alvarez

Yoroi Wallet Implements Strict Editorial Policy

chest

Yoroi Wallet has introduced a new editorial policy that focuses on accuracy, relevance, and impartiality to enhance the quality and trustworthiness of the information provided on its platform.

user avatarKenji Takahashi

Bitcoin BIPs GitHub Repository Receives Update

chest

The Bitcoin BIPs GitHub repository has been updated with new information.

user avatarMaria Fernandez

New Editorial Guidelines Focus on Improving Content Quality.

chest

A strict editorial policy has been established to ensure accuracy, relevance, and impartiality in content.

user avatarGustavo Mendoza

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.