So, guess what? Hamster Kombat just decided to take a nosedive below a key support level. Because why not? 🎢
The Hamster Kombat (HMSTR) token has plummeted to a staggering low of $0.001620. I mean, it’s like watching your favorite soap opera character get written off—heartbreaking! 😱
This delightful decline came right after the developers decided to unveil their shiny new toy: HamsterVerse! A platform that’s supposed to house all the apps created within this hamster utopia. All these apps will be built on HamsterChain, their layer-2 network, and will use the HMSTR token. Because who doesn’t want to be part of a hamster-themed universe? 🐹✨
Hamster Kombat’s developers are on a mission to create a platform where more developers can launch games and other tools. They’re basically saying, “Hey, come join our hamster party!” 🎉
🐹 “One small step for a hamster, one giant leap for Hamsterkind” 🐹
😎 We’ve been working tirelessly all this time, and today, we’re beyond thrilled to announce the launch of HamsterVerse!
👉 All the apps and dApps in HamsterVerse will utilize the $HMSTR token, unlocking…
— Hamster Kombat (@hamster_kombat) February 7, 2025
Meanwhile, the HMSTR token is dropping faster than my motivation on a Monday morning as the countdown to the Tapswap airdrop continues. Tapswap is a tap-to-earn game on Telegram that lets users accumulate tokens by doing simple tasks like tapping a button, watching YouTube videos, and following it on social media. Sounds like a dream job, right? 🙄
Tapswap is trying to stand out from the crowd of other tap-to-earn networks like Hamster Kombat and Notcoin. They’ve launched a skills-based game that’s supposed to give the TAPS token more utility. Because who doesn’t want to earn tokens while pretending to be a gaming genius? 🎮💰
Hamster Kombat has been one of the biggest disappointments in the crypto industry. It was once the heavyweight champion of the tap-to-earn sector, boasting over 300 million players. But now? Its token has crashed by over 88% from its all-time high. Ouch! 😬
According to IntoTheBlock, Hamster Kombat now has just 3.9 million holders, with only 0.05% of them in profit. Other tap-to-earn tokens, like Catizen, Notcoin, and DOGS, are also feeling the burn. It’s like a sad hamster convention over here. 🐹💔
Hamster Kombat price analysis
The daily chart shows that the HMSTR token price has been on a downward spiral for weeks. It recently made a dramatic bearish breakdown below the key support level of $0.002270. Talk about a dramatic exit! 🎭
This move was significant as it marked the lowest swing in November and December last year and represented the lower boundary of a descending triangle pattern. A descending triangle is a well-known bearish pattern in technical analysis. So, yeah, not great! 📉
As a result, the coin will likely continue to decline, with sellers targeting the all-time low of $0.00010. That’s a 40% drop from its current level. A move above the resistance level of $0.002270 would invalidate the bearish outlook. But let’s be real, we’re not holding our breath! 😅
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2025-02-07 17:49