Hamster Kombat, a Telegram-based tap-to-earn game, has officially launched its much-anticipated airdrop alongside its listing on top cryptocurrency exchanges. While the game’s native token, HMSTR, saw significant trading volume on its debut day, community backlash over the airdrop’s distribution raised concerns.
Built on The Open Network (TON) and available through Telegram, Hamster Kombat allows players to earn in-game coins by completing missions and tasks, which they can exchange for HMSTR tokens. On Thursday, HMSTR was listed on several leading cryptocurrency platforms, including Binance, KuCoin, Bitget, Gate.io, MEXC, OKX, Bybit, and Bitfinex. According to Coingecko data, the token’s trading volume exceeded $1.2 billion within the first 24 hours, signaling strong market interest.
At the same time, the Hamster Kombat airdrop distributed 60 billion HMSTR tokens—60% of the total supply—to 131 million players. However, the community quickly voiced dissatisfaction over what many saw as unfair distribution. Critics argued that influencers and YouTubers received a disproportionate amount of tokens for referral activities, leading to frustration among regular players.
Bearish breakout: HMSTR price shows a bearish breakout from the symmetrical triangle on the hourly chart.
Current price and market cap: HMSTR is trading at $0.0065 with a market cap of $421.30 million.
Potential downside: If the downward trend continues, the price could test support levels at $0.0060 or drop further to $0.0055, depending on selling pressure.
Bullish reversal possibility: If buyers regain control and push the price back into the triangle, a bullish reversal may occur.
Resistance levels: A bullish reversal could retest the upper resistance near $0.0070.
Breakout potential: A confirmed breakout above $0.0070 could drive the price towards $0.0075 or higher.