What Will be the Price of Hamster Kombat After Exchange Listing
Hamster Kombat token will soon be listed on exchanges
Introduction:
#Hamster Kombat, a tap-to-earn game on Telegram, rewards users with coins redeemable for Hamster cryptocurrency tokens when the project launches in July. With a capped supply of 10 billion tokens, the excitement among crypto traders is palpable as the launch date approaches. Pre-market trading has already demonstrated significant volatility, making the HMSTR token debut highly anticipated.
Pre-Market Trading Overview:
On July 8, 2024, pre-market trading for $HMSTR kicked off on the Bybit exchange. Data from pre-market trading shows that HMSTR's initial floor price was $0.001, but the latest traded price has surged to $0.20. This notable rise reflects heightened market interest and speculative actions leading up to its official listing.
Comparative Analysis: HMSTR vs. Notcoin (NOT):
To project HMSTR's potential price movement, we can analyze the historical performance of #Notcoin ($NOT), which also experienced pre-market trading on Bybit before its official listing. Notcoin’s pre-market price was $0.0059, and it began trading at approximately $0.007 upon listing on May 16, reaching an all-time high of $0.028 by June 2.
Projected Listing Price for HMSTR:
Based on Notcoin's price trajectory, we anticipate that HMSTR's official listing price could exceed its pre-market price of $0.20. Using Notcoin’s data as a reference, $HMSTR is expected to begin trading at approximately $0.237, reflecting an 18.64% increase from its pre-market price.
Potential for All-Time High:
If #Hamster Kombat follows a similar pattern to Notcoin, it could potentially reach an all-time high of $0.949 in 18 days after launching. This represents a 374.58% increase from its pre-market price. However, this projection is speculative and dependent on various market factors and investor behavior.
Expected Price Pattern:
According to Coingabbar analysis, Given the historical data from #Notcoin, $HMSTR is likely to experience initial price spikes followed by corrections as early holders cash in their tokens. This cyclical pattern of rise and fall is typical for newly launched tokens, especially those with high initial interest and trading volume.
Disclaimer: Coingabbar's guidance and chart analysis on cryptocurrencies, NFTs, or any other decentralized investments is for informational purposes only. None of it is financial advice. Users are strongly advised to conduct their research, exercise judgment, and be aware of the inherent risks associated with any financial instruments. Coingabbar is not liable for any financial losses. #Cryptocurrency and #NFT markets could be highly volatile; users should consult financial professionals and assess their risk tolerance before investing.
