• 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

BIS Report Reveals XRP Holders Are More Educated and Wealthy Than Bitcoiners

chest

A BIS report claims XRP holders are more educated and wealthier than Bitcoin holders.

user avatarElias Mukuru

Canada's FINTRAC Takes Action Against Cryptocurrency Service Providers

chest

Canada's financial intelligence unit, FINTRAC, has revoked the registrations of 23 cryptocurrency service providers as part of a crackdown on money laundering.

user avatarDiego Alvarez

Crypto Faces Electoral Setback in Illinois

chest

Lieutenant Governor Juliana Stratton defeats pro-crypto Representative Raja Krishnamoorthi in the Democratic Senate primary in Illinois, marking a significant setback for the crypto industry.

user avatarKenji Takahashi

Vanity Fair's Controversial Profile of Crypto Believers Sparks Backlash

chest

A Vanity Fair article titled 'Crypto's True Believers' criticizes long-time crypto participants, leading to backlash from the crypto community.

user avatarMaria Fernandez

Ethereum Introduces Fast Confirmation Rule to Improve Transaction Speeds

chest

Vitalik Buterin announces a new Fast Confirmation Rule (FCR) for Ethereum to guarantee block stability after 12 seconds, significantly improving transaction speeds for exchanges and Layer 2 systems.

user avatarGustavo Mendoza

SBI ARUHI Reveals XRP Shareholder Benefit Eligibility Criteria

chest

SBI ARUHI announces eligibility criteria for shareholders to receive XRP rewards, requiring a minimum of 100 shares to qualify.

user avatarMiguel Rodriguez

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.