Bybit Announces Listing of Hamster Kombat’s Native Token HMSTR by September 26

Hamster Kombat Leverages Toncoin Network and Telegram for Tap-to-Earn Success

Hamster Kombat, a Play-to-Earn (P2E) game, is making waves in the crypto sector by utilizing the Toncoin network and Telegram's social platform to reward its players through a tap-to-earn mechanism. As anticipation builds ahead of the airdrop for its native token, HMSTR, later this month, several centralized cryptocurrency exchanges have announced plans to list the token. Among these, Bybit, a prominent crypto exchange with over 43 million registered users across 160 countries, has confirmed it will list HMSTR as soon as the airdrop takes place.

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As previously reported by Coinspeaker, the much-awaited Hamster Kombat airdrop, initially delayed due to technical issues, is now scheduled for September 26. The project, which has garnered significant attention as a Toncoin-based tap-to-earn game on Telegram, has also seen Bybit announce plans to list HMSTR on its spot trading platform on the same date.

The forthcoming listing on Bybit has generated considerable excitement within the Hamster Kombat community. Bybit, a major centralized exchange, boasts a daily average trading volume of approximately $18 billion, offering Hamster Kombat users additional opportunities to earn through a referral program.

This announcement follows a similar declaration from the OKX exchange in August, further solidifying Hamster Kombat's growing presence in the crypto market.

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Hamster Kombat has already made a significant impact, reaching a milestone of 300 million users in its early days. In recognition of its early supporters, the Hamster Kombat team has committed to allocating 60% of the total supply of HMSTR tokens to the community.

Impact on the TON Network

The rapid growth of Hamster Kombat on Telegram has had a notably positive effect on the Toncoin network. The network has surpassed significant milestones, including 1 billion on-chain transactions, outpacing many of its competitors.

Toncoin, a large-cap altcoin with a fully diluted market valuation of approximately $25 billion and a daily average trading volume of around $378 million, has outperformed several leading cryptocurrencies in recent months. The latest market data indicates that the Toncoin project has over $351 million in total value locked and a stablecoin market cap of around $619 million.

However, the Toncoin network has faced challenges, including recent outages and legal troubles involving Telegram's founder and CEO, Pavel Durov, which have negatively impacted the token's price. Technically, the TON price has been forming a macro reversal pattern, characterized by a head and shoulders pattern and a bearish divergence on the weekly Relative Strength Index (RSI).

In response to these challenges and to ensure sustainable development, the Toncoin ecosystem has launched the TON

program. This initiative will select five projects to receive up to $2.5 million each to develop their businesses on the Toncoin chain using Telegram's tap-to-earn mini apps.

Source: coinspeaker

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HokaNews Launches New Telegram Channel for Latest Airdrops

HokaNews has officially launched its new Telegram channel, HokaNews Airdrop, designed to provide the latest updates on airdrops and collaborative earning opportunities. The channel aims to keep the community informed and engaged without charging any fees.

It is important to note that HokaNews does not solicit payments for airdrop information or access. The only official channel for HokaNews is named HokaNews Airdrop, accessible via the following link: https://t.me/hokanewsAirdrop. Any claims of payment requests from individuals purporting to represent HokaNews are fraudulent.

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Writer @Elena

Elena is an experienced crypto writer who loves to explore the intersection of blockchain technology and financial markets. She regularly provides insights into the latest trends and innovations in the digital currency space.

 

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