• 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

Terminal Finance Shuts Down Due to Blockchain Delays

chest

Terminal Finance, a decentralized exchange, is shutting down operations due to critical delays in the launch of the Converge blockchain.

user avatarFilippo Romano

BNB Falls Below Key Trendline, Market Bias Turns Bearish

chest

BNB has dropped below a crucial support trendline and the 9EMA, indicating a shift in market sentiment to bearish.

user avatarEmily Carter

Market Analysts Set Downside Targets for BNB

chest

Market analysts have identified a potential drop zone for BNB between 860 and 850 if it remains under the trendline.

user avatarTomas Novak

Institutional Confidence in IBIT ETF Remains Strong Amid Market Volatility

chest

Institutional investors are increasing their holdings in BlackRock's IBIT ETF despite significant outflows, reflecting sustained trust in Bitcoin spot ETFs amid market volatility.

user avatarMaya Lundqvist

SpaceX Holds $105 Million in Bitcoin, Signaling Institutional Confidence

chest

SpaceX has recently acquired $105 million in Bitcoin, reflecting sustained institutional trust in the cryptocurrency.

user avatarKaterina Papadopoulou

Elon Musk Endorses Bitcoin as Energy-Based Currency

chest

Elon Musk declares Bitcoin a true energy-based currency, impacting cryptocurrency markets.

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.