Binance's Launchpool Campaign Kicks Off Tomorrow
By Olivier Acuña | TH3FUS3 Chief Editor
September 18, 2024 03:00 AM
Reading time: 2 minutes, 2 seconds
TL;DR The popular Telegram game Hamster Kombat is set to launch its new HMSTR token on The Open Network (TON) later this month. The launch will be marked by a Binance Launchpool campaign starting September 19, 2024. This initiative will reward both the game's many players and Binance users.
Binance Launchpool Joins Forces with Hamster Kombat
The popular Telegram game Hamster Kombat will launch its new HMSTR token on The Open Network (TON) later this month.
To mark the launch, billions of HMSTR tokens will be given away through a Binance Launchpool campaign starting September 19, 2024. This campaign will reward both the game's many players and Binance users.
Hamster Kombat boasts over 300 million players, making it one of the most popular Telegram games. Yet, experts worry about whether TON, the blockchain behind the game, can handle the surge in demand.
The network had technical problems and two outages during a previous airdrop in August. Still, the TON team remains hopeful about resolving these issues for a smoother launch.
Season 1 Finale and Token Integration
Season 1 of Hamster Kombat will conclude on September 20, 2024. As part of the season finale, all in-game achievements, including coins, PPH, keys, skins, and other rewards, will be converted into the HMSTR token. This transition is part of the lead-up to the token's official launch and aims to integrate players' progress into the new token ecosystem.
Although the token's initial value is uncertain, its listing on major exchanges such as Binance, Bitget, Bybit, and OKX will likely boost its visibility and trading activity.
"The transition is part of the lead-up to the token's official launch and aims to integrate players' progress into the new token ecosystem."
Controversies and Price Speculations
While excitement builds for the HMSTR token launch, the project has been subject to controversy. The tap-to-earn model and frequent delays in airdrop distributions have caused frustration among some users.
Critics have expressed concerns that the token may need help to meet the high expectations of its massive player base.
Analysts have expressed differing opinions about the token's value. TradingFace, a well-known crypto analyst, suggested that HMSTR could reach as high as $0.19 shortly after launch, reflecting optimism about the game's massive audience.
Meanwhile, Knightron Crypto, another famous analyst, provided a more conservative estimate of $0.04, citing the speculative nature of new gaming tokens. However, experts caution that the crypto market is highly volatile, and these predictions may not hold once trading begins.
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