- Hamster Kombat will debut on Binance with a $643 million circulating market cap and 64.375% circulation.
- Over 53% of $HMSTR tokens will enter circulation through airdrops, a rare move in the industry.
- Hamster Kombat’s massive user base of 300 million drives its appeal for new traffic and market growth.
Hamster Kombat, the largest mini-game on The Open Network (TON), is set to launch on Binance on September 26, 2024, at 8 p.m. This launch marks the fifth project from the TON ecosystem to be featured on Binance Launchpool.
With over 300 million total accounts and 32 million daily active users, Hamster Kombat has rapidly grown into a major player within the gaming space. The project also boasts more than 55 million bound wallets, indicating substantial engagement from its user base.
Hamster Kombat’s token, $HMSTR, will enter the market with a circulating supply of 64.375 billion tokens, making up 64.375% of the total supply. Notably, 53.25% of the total token supply will be airdropped, making this one of the largest airdrop distributions in recent memory. 60% of $HMSTR tokens will be airdropped at launch, with a total of 75% expected to be distributed over two quarters.
The initial over-the-counter trading price of $HMSTR is approximately $0.01, giving the token an initial market capitalization of $643 million.
Comparatively, the recent launch of $CATI—a token of the same track and type, saw a market capitalization of $236 million. This suggests that Hamster Kombat has attracted greater market interest.
The combination of extensive airdrops and the large user base offers a unique opportunity for Binance to capitalize on the growing popularity of Telegram-based mini-games. The relatively simple and direct nature of these projects has proven effective in drawing attention and expanding the user base, including attracting non-crypto users.
With $HMSTR’s launch just hours away, all eyes are on whether the token can sustain its high market value and leverage its considerable user base to drive further growth.
Hamster Kombat’s impressive metrics demonstrate the potential for significant expansion within the TON ecosystem as more projects like this make their way onto major exchanges like Binance.
DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.