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Hamster Kombat drops 51% since its launch, raising questions about its future. Meanwhile, the Memebet token appears to be the next big opportunity.
Hamster Kombat has not lived up to expectations, dropping 51% since its release. Will this popular gaming token recover or will new projects like the Memebet token present a better opportunity?
Traders abort sinking of HMSTR ship after airdrop failure
Millions of people were disappointed by the launch of HMSTR. The “tap to win” sensation attracted more than 300 million users with the promise of lucrative rewards by playing a “Hamster CEO” game for hours.
After months of delays, they finally launched the HMSTR token via airdrop this week.
However, the first disappointment came when the team revealed that 131 million users were eligible, representing only 43% of its user base. It also said that 2.3 million users were disqualified for cheating.
And the thing didn't stop there. Since its launch, the price of HMSTR has dropped by 51%.
Traders continue to sell their tokens for whatever they can get, even if it means locking in $3 for endless hours of work.
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Indeed, the Hamster Kombat airdrop was a failure, but can the HMSTR token price recover?
In the end, leading analysts have walked away from the project, probably not wanting to associate their reputation with a “falling knife.”
However, some smaller analysts have offered predictions, attempting to touch the bottom of the HMSTR price chart.
Alpha crypto Signal says that between $0.004 and $0.0053 is a buy zone. He refers to pre-market data from OKX and says that this was a strong support level. Currently, HMSTR is in the center of that zone, with a price of $0.0046.
According to analysts' forecasts, this would be a good opportunity to buy.
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However, the airdrop was disappointing and millions of disgruntled winners are now looking to exit their positions and make some profits.
While some will sell as the price falls, others will wait for a relief rally to generate more returns. This equates to significant selling pressure in all directions, limiting the upside for HMSTR.
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The disappointing launch of HMSTR highlights the main flaw in the project's Play-to-Earn model: the ecosystem was full of users who were there to extract value without contributing.
Is there another game model that solves this problem? Memebet may be the answer. It is a new pre-sale that builds the world's first meme coin casino.
Unlike Play-to-Earn, the crypto casino model has proven to be very lucrative and generates sustainable long-term demand.
Memebet casino will allow users to bet the best memecoins
crypto-news.care/b_memebet-en_117000?referrer=hamster-kombat-capitulates—can-it-recover-or-is-this-gaming-token-a-better-investment” target=”_blank”>betting chips is in the early stages of its pre-sale, allowing market participants to contribute at the lowest possible price.
The project will be the first memecoin casino, allowing users to bet on Dogecoin, Shiba Inu, Pepe and more.
Thousands of casino games and sports betting events are offered, and the team will spur adoption with huge rewards for the community.
This includes airdrops, casino bonuses, a VIP community group, cash prizes, nfts, signed Messi Argentina jerseys, and more.
However, the big difference between Memebet and a project like Hamster Kombat is that Memebet operates with a legitimate business model.
Leading crypto casino Rollbit has generated $1 million in revenue in the last 24 hours. Now, Memebet Casino brings this profitable formula to the $50 billion meme coin market.
It's a concept that appeals to degens and smart money traders.
In a recent analysis, Fred crypto said that the Memebet token will be priced 50 times higher.
He underlined the positive outlook for the cryptocurrency market in the coming months and said that it is “about to explode”, allowing small projects like MEMEBET to generate significant returns.
Memebet token is available at a huge discount.
It is currently priced at $0.0255, but it will increase during pre-sale and the next increase will be in one day.
For more information, crypto-news.care/b_memebet-en_117000?referrer=memebet-token-presale-nears-$250k-meme-coin-casino-launching-on-telegram-soon” target=”_blank”>visit the Memebet token pre-sale website or join the community at twitter.com/Memebetcasino” target=”_blank”>unknown and Telegram.
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