• 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

Franklin Templeton Modifies Money Market Funds to Support Stablecoin Reserves

chest

Franklin Templeton has modified two of its Western Asset institutional money market funds to directly support the US stablecoin framework.

user avatarJesper Sørensen

Franklin Templeton Adapts Funds for Blockchain and Tokenization Platforms

chest

Franklin Templeton has adapted its funds to support blockchain-enabled cash management and on-chain collateral for clients transitioning into the digital asset space.

user avatarEmily Carter

India Faces Major Revenue Leak with Uncollected TDS in Crypto Sector

chest

India faces a major revenue leak with uncollected TDS in the crypto sector, amounting to approximately 11,000 crore since July 2022, primarily from offshore exchanges.

user avatarTomas Novak

CoinDCX CEO Suggests Key Reforms for India’s Crypto Taxation

chest

CoinDCX CEO Sumit Gupta proposes key reforms for India's crypto taxation, including a standardized TDS rate of 0.01%, aligning capital tax with income slabs, and allowing loss offsetting for investors.

user avatarRajesh Kumar

Chainlink Price Remains Stable Despite Ongoing Developments

chest

Chainlink's price remains stable between $13 and $14 despite recent developments, including a repurchase of 94,267 LINK tokens.

user avatarLucas Weissmann

Ingenico and WalletConnect Pay Enable Stablecoin Payments at Retail

chest

Ingenico has partnered with WalletConnect Pay to enable stablecoin payments at retail locations through existing POS systems.

user avatarFilippo Romano

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.