Hamster Kombat Season One is complete and players are now waiting to claim their tokens and start trading HMSTR. Is $1b market cap achievable for Hamster Kombat?
Price Potential And Path to $1 Billion For Hamster Kombat
Given the strong starting point and the pre-market price of $0.095 (Bybit), it’s reasonable to expect an early surge due to airdrop claims, exchange listings, and community hype. In a bullish scenario, $HMSTR could reach $0.15 to $0.25 during the initial trading days.
With a total supply of 100 billion tokens, HMSTR would need to reach a price of $0.01 per token to achieve a $1 billion market cap. And for now it seems like a totally achievable goal.
The pre market value for one $hmstr on bybit is $0.1 while on okx is $0.01, previous launches has taught us that a token price cannot launch below the pre-market price, it's either exactly or above the pre-market value. $hmstr is likely to list at $0.01 or at best $0.09. pic.twitter.com/T0D7cBTSwM
— Crypto Baptist (@PhilemonSimon5) September 21, 2024
60 billions HMSTR tokens will be distribuited in the first phase of the airdrop and an additional 15% of the total supply will be airdropped in a second phase. 11.5% of the airdrops are vested for 10 months meaning that 88.5% is immediately available for claiming.
We can expect a huge amount of transactions right after the launch. With DOG, another mini-app on Telegram that completed its airdrop weeks ago, both onchain and exchanges had a hard time supporting the huge volume and number of transactions. The issues were resolved relatively quickly, but we can probably expect a similar outcome for the HMSTR’s launch.
Discover: Major Hamster Kombat Airdrop: Token Vesting Sends Shockwave – But What Is Vesting?
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