With the rise of Telegram-based crypto games, Hamster Kombat has quickly become one of the most popular platforms, attracting millions of players.
The recent listing of the $HMSTR token on Binance gives players the chance to manage and trade their tokens.
This guide will explain how to deposit your $HMSTR tokens into Binance, walk through the token’s structure (tokenomics), and predict its future price trends.
Step-by-Step Guide to Depositing $HMSTR Tokens on Binance
Depositing $HMSTR tokens from the Hamster Kombat mini-app into Binance is simple but requires care. Follow this easy step-by-step guide to make sure you do it correctly.
Step 1: Open the Airdrop Section in the Telegram Mini-App
Start by opening the Hamster Kombat mini-app in Telegram. Go to the Airdrop section, where you can withdraw the $HMSTR tokens you’ve earned in the game. Select Binance as your platform for withdrawal.
Step 2: Choose Binance and Confirm
After selecting Binance, confirm your choice by clicking “Yes, I have it.” If you don’t have a Binance account yet, you can register here: link.
Step 3: Copy the MEMO and Address Correctly
The $HMSTR tokens run on The Open Network (TON), which means you’ll need both the MEMO and Address from Binance to deposit your tokens. Make sure you copy and paste both details exactly as shown. Any mistake could result in lost tokens.
Step 4: Deadline for Withdrawal
You have until September 21, 2024, to withdraw your $HMSTR tokens. If you miss this deadline, you won’t be able to transfer your tokens anymore, so be sure to complete the process on time.
Hamster Kombat: The 58th Project on Binance Launchpool and Earn
Hamster Kombat was selected as the 58th project to be featured on Binance Launchpool and Earn, a platform that allows users to earn new tokens by staking cryptocurrencies such as Binance Coin (BNB) and FDUSDT.
This inclusion not only boosts the exposure of the $HMSTR token but also offers Binance users an opportunity to accumulate rewards through passive income.
The Binance Launchpool will allocate 3 billion $HMSTR tokens (3% of the total supply) for staking rewards. The program starts on September 23, 2024, allowing users to stake and earn $HMSTR tokens over time.
HMSTR Farming Accumulation
| Dates (00:00:00 – 23:59:59 UTC each day) | Total Daily Rewards (HMSTR) | BNB Pool Daily Rewards (HMSTR) | FDUSD Pool Daily Rewards (HMSTR) |
|---|---|---|---|
| 2024-09-23 – 2024-09-25 | 1,000,000,000 | 850,000,000 | 150,000,000 |
Super Earn: A New Way to Maximize Your Rewards
In addition to Binance Launchpool, Super Earn is another important feature tied to the Hamster Kombat ecosystem. Super Earn allows users to earn extra rewards by locking their $HMSTR tokens for a fixed period in return for higher interest rates.
This feature is designed for long-term holders who want to maximize their gains without selling their tokens immediately. By participating in Super Earn, users can grow their $HMSTR holdings while supporting the ecosystem’s stability, further reducing sell pressure in the market.
Tokenomics and Future Token Distribution
The structure of $HMSTR tokens is designed to keep selling pressure low and reward long-term engagement. Here’s a breakdown of its key features:
Circulating Supply and Allocation
When $HMSTR launches, 64.38% of the total 100 billion tokens will be in circulation. Of this:
- 60% is given to players as rewards.
- 3% is available through Binance’s Launchpool, where users can earn tokens by staking other cryptocurrencies.
Token Release Over Time
For the first six months after launch, no new tokens will be released, which will help reduce selling pressure. Starting on July 25, 2025, more tokens will be released, with players in Season 2 receiving tokens and partnerships getting more. Even with this, the release will be gradual to avoid flooding the market.
In October 2025, the team will finally get their share of tokens (just 0.16%), which is too small to impact the price much. The full supply of tokens will be unlocked by December 2029.
Read about Hamster Kombat (HMSTR) in Binance’s Research report here,
$HMSTR Price Prediction
To predict $HMSTR’s price, we need to consider its tokenomics, market trends, and compare it with similar projects.
Launch and Initial Market Action
We expect $HMSTR to launch with a market value of $1.3 billion. Some players may sell their tokens right away, but there will also be strong demand from people who didn’t get tokens in the airdrop and want to buy.
Short-Term Price Movements
In the first few days, we predict the market cap will drop to around $1 billion, but this should be followed by a quick recovery, similar to what happened with Notcoin. Notcoin, the first Telegram-based game, launched with a $1 billion market cap, dropped to $600 million, and then surged to $2.69 billion within a month. We expect $HMSTR to rise to nearly $3 billion within two months.
Long-Term Price Movements
After reaching its peak, $HMSTR may see a gradual price decrease as more tokens are released. However, future announcements from the team about new features and game updates could cause price rallies. The good news is that the project has no venture capital (VC) backing, which means less selling pressure compared to other projects.
Investment Strategy: When to Buy $HMSTR
If you’re considering buying $HMSTR, it may be wise to wait 5-7 days after the launch.
During this time, the price should settle, making it a better time to buy. If you already have tokens, it’s likely better to hold them for now, as the token’s long-term growth potential looks promising.
The $HMSTR token has the potential to make a big impact in the crypto gaming space. Its well-planned tokenomics and roadmap suggest that it will grow steadily over time.
