Hamster Kombat (HMSTR) Price Crashes 30% After Listing on Crypto Exchange

[Suba]

After session 1 ended on Sept 26, 2024, the Hamster Kombat (HMSTR) token was launched on various exchanges such as Binance, Bybit, Haskey, Kucoin, MEX and OKX and is currently tradable with the trading pair HMSTR.USDT.

Although after the release the price of HMSTR rose, a few minutes later the price immediately plummeted, and currently the price of HMSTR on Coinmarketcap is $0.0067. In my opinion, the decline in the token price after listing on the exchange is a natural phenomenon, because after listing many users immediately sell HMSTR, which makes selling pressure stronger and the price will fall.

However, it is estimated that after the selling pressure weakens the price will return to normal and maybe the price of HMSTR will increase.

 

[gwolf666]

I already knew that the price was going to fall because the vast majority of people were going to sell it, but what I didn't imagine was that the price would be so low when it came out, for example the Dogs airdrop, the token was worth quite a bit, I earned $100 with Dogs, but with Hamster I haven't earned more than $0.40, I feel a bit disappointed, I had much higher expectations

 

[Nomad]

I spend $100 to buy 10k HMSRT tokens and I have lost $30 in two days. But since I am still holding, I will be able to recover my loss.

 

[eLdavis]

Let's hope the price goes up @Nomad that's the only way you can recover. I did not invest with money, I only did a little tapping on telegram. Didn't get up to two cents.

 

[Suba]

After the selling pressure exerted by the community subsides, it is expected that the price of HMSTR will return to normal, I intend to buy HMSTR while the price is cheap on Binance for short-term investment.

 

[Fidelia]

I don't see the price of Hamster Kombat returning back to expectations. That is because people now resent the token and would shun it.

 

[Xtynehappy]

For me l hadn't make my mind on investing in such token. Unfortunately the prices kept on falling