With the low price of Hamster at listing, it has become very important that people get to know the factors that contributes to fix the price of the token at listing? What can one look out for to know what token airdrops would have good value?
But Hamster has good utility being a game based token. It had a large community and still the price we super low. I understand that there was no much investors. But wasn't it too low?Many factors determine the price of a token at listing such as use and adoption, utility, liquidity, successful fundraising, number of tokens in the pool, contracts. So why the price of Hamster is so low is because only a few investors are interested in holding Hamster tokens.
The price is likely to continue to decline, very strong selling pressure will make the price of HMSTR weaker and even fall below $0.005, it will take a long time for the price of HMSTR to recover to normal. However, ChangeNow has now opened the Hamster swap.But Hamster has good utility being a game based token. It had a large community and still the price we super low. I understand that there was no much investors. But wasn't it too low?