Was Hamster Kombat Worth the Hype? Here Are Some Reactions

Hamstar Kombat token ($HMSTR) was officially listed today, was it worth the hype is a question on many user’s lips. Hamster has garnered a massive global user base, with many anticipating significantly larger rewards than those initially outlined.

The game’s premise is simple: adopt a virtual hamster to manage a fictional exchange, with the ultimate goal of reaching the CEO position.

Launched in March, Hamster Kombat has surpassed 240 million players worldwide. The games went viral, echoing the success of earlier tap-to-earn projects and popular games like Toncoin, Pixelverse, Tapswap, and others operating on the Ton blockchain.

Hamster Market Decline After Launch

However, the token has experienced a decline of over 20% from its peak price in the futures market, after commencing trading at a high of $0.015000. Many gamers on X (formerly Twitter) have expressed dissatisfaction with the current price and its impact on their expectations.

Following the initial surge, $HMSTR witnessed a sharp decrease, mirroring the price movements of Dogs and Catizen, falling to approximately $0.008714. This sudden price volatility highlights the inherent instability often observed in newly launched coins. The initial enthusiasm might have resulted in swift sell-offs.

The price of Hamster Kombat has found support at around $0.0085. A breach of this level could trigger further price drops, making it crucial for maintaining upward momentum.

$0.010 represents the immediate resistance level. A decisive breakout above this mark could indicate a trend reversal and a potential rise to $0.0150 or higher.

Expectations and excitement from traders might have led to a big sell-off, thereby affecting the current price of the Kombat token. Also, the token facing a backlash due to controversies about its model and listing on Binance had at first created doubt in the minds of players and investors about the Hamster token, thereby putting pressure on the token before listing and resulting in a decline.

Is Token worth the hype?

Hamster Kombat’s rapid growth initially led players to focus on maximizing their Points Per Hour (PPH), a metric initially deemed crucial for token distribution.

Furthermore, this frustration intensified when many players were disqualified from the anticipated Season 1 airdrop due to the rule change. Some even alleged that certain influencers, with minimal effort, received disproportionately large amounts of $HMSTR through referrals.

Adding to the dissatisfaction, 2.3 million accounts were removed for alleged cheating, Even players who qualified for the airdrop were disappointed with the rewards, which fell short of expectations.

Additionally, controversies surrounding the token’s model and listing on Binance generated doubt among players and investors, casting a shadow over the Hamster token before its listing and leading to a decline.