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$HMSTR to be listed on OKX Crypto Exchange
Home Articles Hamster Kombat’s $HMSTR Token To Be Listed On OKX – But Is It All Sorted?

Hamster Kombat’s $HMSTR Token To Be Listed On OKX – But Is It All Sorted?

Utsav Kumar
Utsav Kumar
Utsav Kumar
Author:
Utsav Kumar
Editor
Utsav is the senior news editor at Bankless Times, bringing over 8 years of experience in digital journalism. He leads the editorial team by managing, editing, and sourcing impactful news stories for our readers. With a background in crypto-focused data analytics, Utsav excels in live market reporting, offering insights into the risks and opportunities that help our readers make informed decisions.
August 30th, 2024
Editor:
Utsav Kumar
Utsav Kumar
Editor:
Utsav Kumar
Editor
Utsav is the senior news editor at Bankless Times, bringing over 8 years of experience in digital journalism. He leads the editorial team by managing, editing, and sourcing impactful news stories for our readers. With a background in crypto-focused data analytics, Utsav excels in live market reporting, offering insights into the risks and opportunities that help our readers make informed decisions.

OKX, a global cryptocurrency exchange with over 50 million users, has officially announced the listing of Hamster Kombat’s HMSTR token. In a statement released on Aug 30, OKX confirmed that $HMSTR Token will be available on their platform from the 26th of September while trading will commence “once the liquidity requirements are met.” 

The announcement comes as a relief to Hamster Kombat fans weary of speculations doing rounds across social media – especially, after some serious delays with the promised $HMSTR Airdrop. 

However, now it seems the Hamster Kombat team is “truly” working behind the scenes to mend ways and get it all together. It is no coincidence that the OKX token listing date coincides with the Hamster Kombat’s Airdrop schedule which they announced on Wednesday. The methodical approach should strategically help regain the dwindling confidence of fans, or will it? 

Hamster Kombat Airdrop Saga – A Mix of Achievements and Apprehensions

Hamster Komabat’s journey so far has been a legit cocktail of achievements and apprehensions. Soon after their launch, the gaming app made headlines. They quickly became one of most popular tap-to-earn gaming apps on Telegram. 

However, the achievement caused a problem and the team was unable to launch their promised Airdrop, scheduled for July. Hamster Kombat’s team said they weren’t prepared as the number of users exploded – and that they will re-organise the scheduled Airdrop launch for August. But it failed to convince their fanbase and they couldn’t finalise it even in August.

“They knew what happened with Notcoin. How can they not be prepared for the number of users. It looks like something’s not right.” This is how a Telegram user and Hamster Kombat fan vented his anger on a crypto community channel.

What Fuelled Speculations and Negativity

After the game suffered a major outage and when the Airdrop scheduled for July was further delayed with no significant inputs from the team, many seized the opportunity to coin theories which soon started doing rounds on social media. Hamster Kombat had to release a fresh White Paper explaining the Airdrop deal. However, it didn’t do much to restore gamers’ confidence and the HMSTR pre-market Futures which had started trading on OKX nosedived 50% by the end of the second week in August.

Moving forward, the team continually failed to be specific about the “release dates” concerning the coveted and much awaited Airdrop – which they claim will be the biggest in crypto history. What made matters worse were other reports that emerged about an internal conflict between the Hamster Kombat co-founders. This started from an article by Lenta.ru a Russian-based news portal, but was soon picked up by other major international crypto news sites.

And finally, when the news broke about the Telegram CEO and a vocal supporter of the project, Pavel Durov’s arrest last week, it came to a point where Hamster Kombat gamers started to lose hope. Many thought it was the end and that the project may start to succumb.  

Is It All Good This Week?

So far this week has been great for Hamster Kombat fans – perhaps one of the best. As of last week, reports suggested that Hamster Kombat had lost nearly 44% of their gamers due to looming uncertainty over the Airdrop.

However, following the conditional release of the Telegram CEO, Pavel Durov on Wednesday, we can now see the team getting into action. A day after Durov’s release, on Thursday, the Airdrop launch was officially announced, followed by OKX confirming the listing of $HMSTR token today.

All’s good and much better than what it was a week ago. However, if you’re collecting tokens on the tap-to-earn game, hopeful of the Airdrop and excited about the OKX listing, there’s a an important update to know.

According to the Hamster Kombat white paper (Version 2.0), 60% of the tokens are to be allocated for the Airdrop. However, in order to qualify for the Airdrop, users must have 18 billion in-game tokens. They call it the “final-level” which one must achieve to be eligible. 

Hamster Kombat fans have until the 25th of September to become eligible and complete their KYC. 

Contributors

Utsav Kumar
Editor
Utsav is the senior news editor at Bankless Times, bringing over 8 years of experience in digital journalism. He leads the editorial team by managing, editing, and sourcing impactful news stories for our readers. With a background in crypto-focused data analytics, Utsav excels in live market reporting, offering insights into the risks and opportunities that help our readers make informed decisions.