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Hamster Kombat

Hamster Kombat Price Up 60%; Is $ Possible This Year?

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3 days ago

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Hamster Kombat (HMSTR) price, a Telegram-based mini-game, has surged remarkably over the past 24 hours, positioning itself as today’s top market gainer. This recent rally sparks optimism among traders and analysts eyeing further upward movement. Market observers suggest that if momentum holds, HMSTR could see an additional increase, with the ambitious goal of reaching $1 before month’s end.

Following 60% Surge, Will Hamster Kombat Price Reach $ in 2024?

Hamster Kombat price has shown a remarkable recovery after a period of strong bearish pressure. Launched with a steep downtrend, the cryptocurrency now sees an encouraging bullish reversal on its daily chart. Currently priced at $0.004231, the token has surged by over 60% in the past 24 hours, showcasing renewed investor interest and potential for further growth.

The recent trend indicates a shift in market sentiment, with the price rebounding significantly from its all-time low of $0.002257 recorded just six days ago. Although it remains about 60% below its all-time high of $0.010004 from late September, the current momentum reflects optimistic expectations. 

Crypto prices today saw a surge. Bitcoin (BTC) maintained a trading session in the green at the $76K level. ETH price has seen a surge, hovering above $3000, indicating a bullish trend fueling the surge in price in other top altcoins like HMSTR

Analyst Eyes 70% Surge in HMSTR

Crypto analyst shared a notable observation on HMSTR, highlighting potential for a 70% price increase. The analysis revealed a possible breakout from a descending channel, sparking interest among traders. Volume patterns showed promising accumulation, indicating bullish momentum.

The analyst’s chart also highlighted areas of significant buying activity, signaling strong support. If momentum continues, HMSTR could potentially test higher levels, rewarding early investors.

The Relative Strength Index (RSI) stands at 88, indicating overbought conditions.  HMSTR Kombat’s price is set for a potential upswing if it breaks past the key resistance level of $0.005. Such a breakthrough could pave the way for an ambitious target price of $0.1, and if momentum continues, it may even reach $1, signaling a remarkable 23,000% surge.

Hamster Kombat Price Up 60%; Is $ Possible This Year?Hamster Kombat Price Up 60%; Is $ Possible This Year?
Hamster Kombat Price Chart: TradingView

Hamster Kombat price shows promising momentum with recent gains and strong investor interest. Breaking $0.005 could spark further growth. If momentum sustains, a rise to $0.1 or even $1 may be achievable, rewarding optimistic investors.

Frequently Asked Questions (FAQs)

Increased buying interest and market optimism boosted the price significantly.

HMSTR’s all-time high is $0.010004, achieved in late September.

Increased volume, bullish sentiment, and technical breakout signals drive optimism.

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Coingape Staff

CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





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Hamster Kombat

Will Hamster Kombat Price Surpass $0.1 Amid Season 2 Launch?

Published

3 weeks ago

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October 24, 2024

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The cryptocurrency market is witnessing renewed selling pressure in the end week of October as Bitcoin price teases breakdown below $65,000. The bearish momentum has struck most major altcoins, including the telegram-hit game Hamster Kombat, registering a 12% intraday loss to trade at $0.06. However, with the upcoming season 2, the Hamster Kombat price holds an opportunity for a major reversal to $0.1

Can Hamster Kombat Price Hit $0.1 After Season 2 Launch?

Hamster Kombat is gearing up for an exciting overhaul in its highly anticipated Season 2. The viral telegram game is set to shift its focus, with players now stepping into the shoes of CEOs of game development studios. 

In Season 1, gamers managed a cryptocurrency exchange, but the new season will bring more complex objectives like hiring employees, developing hit games, and ultimately building a successful gaming platform.

The game’s OG players will be happy to know that clicker elements will continue to be part of the gameplay. Moreover, the developers plan to implement a payment system, token buybacks, and NFT-based assets for in-game rewards. 

Season two is set to launch at the end of October 2024. The new features will boost user engagement with the HMSTR coin and drive the Hamster Kombat price for a $0.1 rally.

HMSTR Coin Breaks Support Line: Is a Major Correction Ahead?

In the last three weeks, the HMSTR coin has shown a steady downtrend amid a falling wedge pattern formation. Generally, the chart setup indicates diminishing bearish momentum and offers a bullish breakout from the overhead trendline.

However, with a recent market pullback, the Hamster Kombat price gave a bearish breakdown from the bottom support trendline. If sustained, the breakdown below pushes the asset for a $0.003 breakdown. 

A bearish confluence between the 4-hour exponential moving average (20, 50, and 100) could assist sellers in driving a prolonged correction trend.

Hamster Kombat PriceHamster Kombat Price
HMSTR/USDT -1d Chart

On the contrary, the Hamster Kombat price shows long tail rejection candles at $0.33, projecting the buyers are defending the bottom support. This renewed bullish momentum could push the asset back to the wedge pattern but a potential breakout from the overhead trendline is crucial to signal trend reversal.

Frequently Asked Questions (FAQs)

With the release of Season 2, which includes new features such as game development studios and NFT-based rewards, the Hamster Kombat (HMSTR) token holds potential for a price rally to $0.1.

The falling wedge pattern observed over the last three weeks suggests diminishing bearish momentum.

In Season 2, players will take on the role of CEOs of game development studios, managing employees and producing hit games

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Sahil Mahadik

Sahil is a dedicated full-time trader with over three years of experience in the financial markets. Armed with a strong grasp of technical analysis, he keeps a vigilant eye on the daily price movements of top assets and indices. Drawn by his fascination with financial instruments, Sahil enthusiastically embraced the emerging realm of cryptocurrency, where he continues to explore opportunities driven by his passion for trading

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





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24/7 Cryptocurrency News

Binance Set For Major Hamster Kombat Listing with $14 Billion Locked

Published

2 months ago

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September 25, 2024

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Telegram-based P2E crypto project Hamster Kombat (HMSTR) continues to garner significant investor attention as its listing approaches. Notably, in light of Binance extending support to the project, the exchange’s token launch platform locked over $14 billion on Wednesday. This has marked a monumental stride for the Telegram-based P2E game and the CEX, as over billions in BNB and FDUSD were collectively locked on the platform for an airdrop facilitation of 3 billion HMSTR tokens.

Binance Launchpool Locks Over $14B With Hamster Kombat

The total locked value on Binance Launchpool as of September 25 evaluated to $14,116,492,769 in the wake of the ongoing HMSTR airdrop process. This chronicle has underscored rising market interest in the Telegram-based P2E game, Hamster Kombat. Meanwhile, the token airdrop will facilitate the distribution of 3 billion HMSTR tokens, the exchange notified. The Launchpool project runs for a duration of 3 days, with the end approaching alongside the looming HMSTR listing.

Notably, the number of participants in the FDUSD pool totaled 190,551, with over 2 billion FDUSD locked within the HMSTR airdrop project. Simultaneously, the BNB pool for the upcoming airdrop consisted of 1,309,109 participants, with over 18 million BNB locked. Market stats indicate crypto participants and enthusiasts continue to gush into Binance Lunchpool to partake in the HMSTR airdrop. Meanwhile, the token allocation process has already concluded in-game on Telegram ahead of the listing.

Hamster Kombat listing is due on September 26, with the project currently echoing a frenzy across the broader market. On the exact same date at 10 UTC, HMSTR airdrop and on-chain claims start. Trading starts at 12 UTC the same day, the game notified.

Interlude Season Underway!

Simultaneously, Season 1 of the Telegram-based P2E game concluded recently. The next interlude season is already underway, with the new gameplay being collecting diamonds in-game. Players can still use special and unique cards to boost their profits in Hamster Kombat. However, the vital concept of a crypto exchange CEO simulator P2E game remains constant. Crypto market participants eagerly await the Binance listing as the project has already delayed its initial launch plans.

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Coingape Staff

CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





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