Crypto News: Predictions Surrounding Hamster Kombat (HMSTR) Initial Trading Price
Upcoming Hamster Kombat (HMSTR) Listing
As the countdown to Hamster Kombat’s HMSTR token listing ticks closer, anticipation builds within the crypto community. Set for a prominent debut on major crypto exchanges like Binance and OKX tomorrow, speculations swirl regarding the HMSTR token's initial trading price.
Market Predictions and Comparisons
Airdrop analyst Gautam Gupta forecasts a potential dip in HMSTR prices post-listing. This is because airdrop hunters are always poised to cash out after the token listing.
What Will Be Hamster Kombat's HMSTR Token's Price?
Gupta compares Hamster Kombat listing with Notcoin, one of the first tap-to-earn projects. Notcoin released 80% of its supply during the airdrop, achieving a fully diluted valuation (FDV) of around $900 million. With a total supply of 102 billion tokens, NOT reached a market cap of $700 million on its first day.
Assuming Hamster Kombat will achieve a similar FDV with a total token supply of 100 billion and 63% slated for immediate circulation, the potential market cap could oscillate between $504 million and $567 million. Consequently, this places the expected trading range of HMSTR tokens between $0.008 and $0.009 each.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.