• 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

Eric Trump Sets Extreme Conditions for Selling Bitcoin

chest

Eric Trump, cofounder of American Bitcoin Corp, states that the company will only sell Bitcoin under catastrophic conditions, emphasizing a commitment to permanent accumulation.

user avatarLeo van der Veen

Garrett Jin's Strategic Multi-Asset Approach Signals Confidence in Crypto Market

chest

Garrett Jin's strategic multi-asset approach signals confidence in the crypto market.

user avatarLi Weicheng

HYPE Reaches New Heights as Strategic Accumulation by Trader Garrett Jin Gains Attention

chest

HYPE has surged above its previous all-time highs, reaching 65 yesterday, driven by significant accumulation from trader Garrett Jin.

user avatarAisha Farooq

Noah Doe Seeks Legal Ownership of 39,069 Abandoned Bitcoin Wallets

chest

A New York man, Noah Doe, has filed a lawsuit seeking ownership of 39,069 abandoned Bitcoin wallets he discovered using a self-developed algorithm.

user avatarTenzin Dorje

Bank of America Shifts Focus to Bitcoin, Reduces Ethereum Exposure

chest

Bank of America has significantly increased its Bitcoin investments while reducing its holdings in Ethereum and Solana.

user avatarBayarjavkhlan Ganbaatar

Buterin Advocates for Ethereum's Technical Direction

chest

Buterin advocates for Ethereum's technical future, emphasizing censorship resistance, openness, privacy, and security over speed and scalability.

user avatarMohamed Farouk

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.