• 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

Ethereum L2 Fee Revenue Shows Sharp Concentration Among Few Networks

chest

Recent data shows that Ethereum Layer 2 fee revenue is concentrated among a few networks, with Base capturing nearly 70% of total daily fees.

user avatarFilippo Romano

Software Sector Faces Significant Decline Amid AI Concerns

chest

The software industry is facing its worst start to a year since 2022, with major companies experiencing significant stock declines due to fears surrounding new AI technologies.

user avatarEmily Carter

Bitcoin Struggles to Break 100K Amidst Market Shifts

chest

Bitcoin is currently facing significant challenges in breaking the 100,000 mark, as it encounters persistent overhead pressure from early holders and miners.

user avatarTomas Novak

South Korea Legalizes Tokenized Securities Under New Law

chest

South Korea's National Assembly has approved amendments to capital markets laws, recognizing tokenized securities as regulated financial products.

user avatarMaya Lundqvist

ZKP Presale Auction Introduces Time-Locked Scarcity

chest

The ZKP presale auction features a fixed 450-day schedule with embedded scarcity, preventing large wallets from dominating the sale.

user avatarKaterina Papadopoulou

X Platform Boosts Creator Payouts Under Elon Musk's Leadership

chest

Elon Musk's X platform has announced a significant increase in creator payouts to enhance competitiveness with YouTube, doubling or tripling revenue potential for creators.

user avatarLeo van der Veen

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.