T elegram's popular click-to-earn coin game Hamster Kombat has announced that it will issue $HMSTR tokens on the TON public chain on September 26 and conduct an airdrop, which will make players who have been waiting for months very excited.
On the evening of the 12th, Binance also announced that Hamster Kombat will become the 58th new coin mining project of its Launchpool, starting a seven-day new coin mining activity, and announced that $HMSTR will become Binance’s Super Earn Coin (Super Earn), the latest token to be launched, can enjoy a limited-time high annual interest rate (previously, Toncoin’s special annual interest rate on Binance Super Earn Coin was as high as 300%).
Extended reading: Hamster Kombat logs into Binance Launchpool, earns super coins, and TON breaks through $5.6
Hamster Kombat announces token economics
At the same time, Hamster Kombat also officially announced token economics in the white paper version updated on the 12th. The total token supply is fixed at 100,000,000,000 HMSTR (100 billion coins). And promised to distribute 75% of the total token supply (75 billion) to players.
60% is used for the initial airdrop, another 15% is used for second-season player rewards, and the remaining 25% (25 billion) is used to provide market liquidity, ecosystem partnerships and funding, team rewards and marketing.
According to Binance Research’s token allocation information for the project, 3% of the total supply of 25% of tokens will be allocated to Binance Launchpool, 4% of tokens will be used for liquidity, and 8% of tokens will be allocated to the team. 4% of the tokens will be used for marketing, and 6% of the tokens will be used for cooperation and funding.
$HMSTR increased tenfold?
It is worth noting that some communities found that the total circulation of $HMSTR is 100 billion, which is 10 times different from the 10 billion announced by some CEXs that have opened pre-market trading. Verification in the moving area:
- The total issuance amount announced by the Gate.io exchange is 10 billion
- BingX, Bybit, Bitget... also announced a default of 10 billion, but the official said that it will be adjusted proportionally in the future.
It may indeed cause investors to misuse the issuance of 10 billion coins to estimate prices.
Yan Peiyou, CEO of blockchain consulting company Hongwang Technology, also commented on the community earlier today:
The HMSTR tokennomic released by Binance is different from that released by Gateio. The HMSTR Total supply announced by Binance at 2024-09-12 23:01 is 100 billion, while the one announced by gateio is 10 billion, so there is nearly ten times the supply. gap.
As we all know, many investors use the simplest violent method to determine the currency price by benchmarking similar products to calculate market value, such as using NOT to benchmark DOGS, or using the market value of public chains to benchmark the market value of AMM governance tokens, etc. Therefore, the supply of tokens is important for Coin price is crucial.
Initially, the HMSTR white paper did not announce the actual amount of tokens issued, so maybe Binance got new information provided by the team. In short, I still bought some before the OKX market opened with an average price of 0.019 and I am currently losing money.
$HMSTR pre-market prices vary greatly across exchanges
Hamster Kombat's $HMSTR has recently launched pre-market trading on Bybit, Gate.io, Bitget, BingX, OKX and other exchanges. Currently, OKX has the largest cumulative trading volume, but the price difference with other exchanges is huge. .
Although some exchanges have announced that they will be adjusted according to the issuance volume, there is still a gap in price, which may be caused by the gap between investors' expected issuance volume.
- OKX : The latest transaction price is 0.0124 USDT, and the cumulative transaction volume is 4 million USDT.
- Bybit : The latest transaction price is 0.07 USDT, and the cumulative transaction volume is 3.1 million USDT
- Gate.io : Latest transaction price 0.063 USDT
- Bitget : The latest transaction price is 0.068 USDT, and the cumulative transaction volume is 2.02 million USDT
- BingX : Latest transaction price 0.065 USDT
What is Hamster Kombat?
Hamster Kombat is a hamster-themed P2E game following the popularity of Notcoin. It was officially launched on Telegram on March 25 this year. Players can simulate becoming the CEO of a cryptocurrency exchange by simply clicking on the hamster on the screen. Game points can be collected, and additional points can be obtained through activities such as daily check-in, recommending friends to play together, following official media accounts, etc.
The official issued a document on June 7 stating that 72 days after its launch, Hamster Kombat had accumulated 116 million users, and announced on August 28 that it would launch the highly anticipated |_2024111120235_ | on the TON network on September 26. Tokens are airdropped simultaneously.
Extended reading: The most popular TON ecosystem》TG mini-game Hamster Kombat operation instruction and maximizing airdrop strategy
