Hamster Kombat announced plans to launch a new platform, HamsterVerse, which coincided with a sharp decline in the HMSTR token price.
Launch of HamsterVerse Platform
The developers of the project launched the HamsterVerse platform, which will house all apps within the ecosystem. These apps will be developed on the HamsterChain network and utilize the HMSTR token. The platform aims to enable more developers to launch games and other tools using the project's technology.
Decline in Hamster Kombat Token Price
Following the announcement of HamsterVerse's launch and subsequent negative news surrounding the project, the price of HMSTR significantly dropped, reaching $0.001620. The anticipation of the Tapswap airdrop also contributed to investor uncertainty.
Prospects and Price Analysis
Technical analysis suggests the possibility of further declines below current levels due to the bearish breakout of a descending triangle. However, a move above the resistance level at $0.002270 could change the unfavorable outlook and improve the token's position.
The launch of HamsterVerse and the upcoming airdrop create significant uncertainties surrounding Hamster Kombat and its future. The project's developers must effectively leverage new opportunities to restore trust and interest among users.
