Hamster

Token

Hamster Kombat

You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/hamster-kombat-token-faces-price-pressure-below-0-1/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Hamster Kombat Token Faces Price Pressure Below $0.1</a> 
The price of the Hamster Kombat (HMSTR) <a href="https://en.coin-turk.com/trump-coin-gains-attention-with-significant-developments/" data-wpel-link="internal" rel="noopener noreferrer nofollow">token</a> is not expected to reach $0.1 soon. Following the Hamster Kombat airdrop, over 60% of the token supply has entered circulation, exerting pressure on its price. HMSTR is facing a decline of more than 50% from its all-time high.
<h2 id="what-holds-back-hamster-kombat-s-price">What Holds Back Hamster Kombat’s Price?</h2>
The circulating supply of HMSTR is 64.37 billion, preventing it from staying above $0.1. Reaching a price of $0.1 would imply a market capitalization of $6.43 billion for Hamster Kombat. However, given the total market capitalization of the current <a href="https://en.coin-turk.com/bitfinex-added-to-the-blacklist-by-uk-financial-conduct-authority/" data-wpel-link="internal" rel="noopener noreferrer nofollow"></a><a href="https://en.coin-turk.com/institutional-investors-approach-to-crypto-markets-insights-from-coinshares-report/" data-wpel-link="internal" rel="noopener noreferrer nofollow">crypto</a> market, achieving such a valuation seems unlikely at this time.
<h2 id="can-hmstr-price-be-saved">Can HMSTR Price Be Saved?</h2>
For HMSTR to reach this market capitalization, significant growth in the broader crypto market is necessary. Currently, only fifteen major crypto tokens have market values exceeding $6.4 billion. Therefore, it is assessed that HMSTR is unlikely to see an increase in price to $0.1 soon.
Additionally, Hamster Kombat does not have a specific burning mechanism. This situation results in the token remaining inflationary, causing its value to decline as more tokens are released into circulation. At launch, 64% of the total 100 billion HMSTR was released, with 60% distributed to the community.
This move is seen as bold, considering that community members are likely to sell their tokens after receiving the airdrop. Consequently, this led to the token supply surpassing demand and downward pressure on the price during the launch. Despite its popularity, Hamster Kombat’s downward trend continues.
The token may experience another supply shock after the second season of the Hamster airdrop concludes. However, since the second season airdrop campaign will continue until the first quarter of next year, the token’s price is expected to stabilize for some time.
Crypto analyst Crypto Hunter mentioned that Hamster Kombat could experience a price recovery similar to Notcoin. He presented charts showing similarities in price movements of both tokens post-airdrop, suggesting that Hamster Kombat has growth potential and might surpass $0.01.
Those considering investing in the Hamster Kombat token should make decisions based on supply and demand balance, market conditions, and analyst comments.
The post <a href="https://en.coin-turk.com/hamster-kombat-token-faces-price-pressure-below-0-1/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Hamster Kombat Token Faces Price Pressure Below $0.1</a> appeared first on <a href="https://en.coin-turk.com" data-wpel-link="internal" rel="noopener noreferrer nofollow">COINTURK NEWS</a>.

Hamster Kombat Token Faces Price Pressure Below $0.1

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