• 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

Whales Increase ETH Staking Amid Market Correction

chest

Whales are increasing their ETH staking amid market correction, indicating confidence in Ethereum's long-term potential.

user avatarAyman Ben Youssef

Ethereum Reenters Major Discount Zone

chest

Ethereum has returned to a significant multiyear discount zone, historically a point for major rallies. This return suggests that the downside may be limited and presents an opportunity for long-term investors.

user avatarTando Nkube

Shiba Inu Burn Rate Surges Amid Price Decline

chest

Shiba Inu burn rate increases significantly, yet the price continues to decline due to bearish market conditions.

user avatarKofi Adjeman

XRP Whale Holdings Surge to Seven-Year Peak Amid Address Decline

chest

XRP whale holdings have surged to a seven-year peak, despite a decline in the number of addresses holding over 100 million XRP.

user avatarNguyen Van Long

HumidiFi to Launch First ICO on Solana's New Launchpad

chest

HumidiFi is set to hold its first ICO on December 3rd on Jupiter's new launchpad, marking a significant event for the Solana ecosystem.

user avatarSon Min-ho

Mutuum Finance's Phase 6 Sells Out Quickly Amid High Demand

chest

Phase 6 of Mutuum Finance's token sale is nearly sold out, with more than 90% of tokens allocated and only 10% remaining, reflecting high investor demand.

user avatarSatoshi Nakamura

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.