Telegram’s tap-to-earn Web3 game Hamster Kombat is celebrating the listing of its HMSTR token on cryptocurrency exchanges, even as the token’s price is rapidly declining.
Hamster Kombat took to X to officially announce that the HMSTR trading has started. The listing news came shortly after Hamster reported that HMSTR airdrop was live, with balance withdrawal options opening at around 12:00 pm UTC.
HMSTR’s price plummets 10% within one hour
Amid the news, HMSTR plummeted as much as 10% within one hour, according to CoinGecko data.
According to the data, HMSTR’s value has tanked about 30% over the past 24 hours, from $0.012 to $0.0087.
According to Hamster Kombat’s official communication, HMSTR is now being traded on major crypto exchanges like Binance and HashKey.
Related: Hamster Kombat reveals plans for 2025 in new roadmap
An announcement by HashKey indicates that HMSTR started spot trading against Tether (USDT) at 12:00 pm UTC, while withdrawals are expected to launch on Sept. 27 at 12:00 pm UTC.
“HMSTR deposits and withdrawals will be available via the TON network,” HashKey noted.
This is a developing story, and further information will be added as it becomes available.