The Hamster Kombat (HMSTR) token is facing price pressure as it fails to reach the $0.1 mark. Following a recent airdrop, over 60% of the token's supply entered circulation, impacting its market valuation significantly.

What Holds Back Hamster Kombat’s Price?

The circulating supply of HMSTR is 64.37 billion, preventing it from reaching $0.1. This would imply a market capitalization of $6.43 billion for Hamster Kombat, which currently seems unlikely given the role of the current crypto market.

Can HMSTR Price Be Saved?

Significant growth in the broader crypto market is necessary for HMSTR to reach this market capitalization. Currently, only 15 cryptocurrencies have market values over $6.4 billion. The absence of a burning mechanism makes the token inflationary, causing its price to decline as the circulating volume increases.

Prospects and Expert Analysis

Crypto analyst Crypto Hunter mentioned that Hamster Kombat could experience a recovery similar to Notcoin. He presented charts showing similarities in price movements of both tokens post-airdrop, suggesting Hamster Kombat has growth potential. However, investors should consider the supply and demand balance, market conditions, and analyst opinions.

Despite its popularity, Hamster Kombat is experiencing continuous price pressure. The second phase of the airdrop may cause another supply shock but is also expected to stabilize the price in the near future.