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What Went Wrong With the Hamster Kombat $HMSTR Airdrop


On September 26, 2024, Hamster Kombat launched its $HMSTR token across several major exchanges. However, the airdrop left the community disappointed and frustrated.

Here’s a quick breakdown of the main issues:


1/ Unbalanced Token Allocation

The introduction of a new anti-cheat system disqualified many genuine users, redirecting tokens to influencers and causing backlash


2/ Delays and Policy Shifts

The launch faced repeated delays, and a sudden decision to lock 11.25% of tokens until July 2025 further eroded trust


3/ Disappointing Launch Price

HMSTR opened at just $0.01, much lower than expected, and quickly fell to $0.0019—a nearly 40% decline


4/ Difficulties Cashing Out

Minimum transaction limits on major platforms like Binance made it hard for small holders to sell their tokens


5/ Technical Issues

Telegram wallet issues due to network congestion made trading difficult, adding to the frustration

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October 01, 2024 at 5:39 AM
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