Were you disappointed by $HMSTR Listing Price?

[NotATether]

Well, I've got news for you.

1) The listing price of shitcoins will always be low.
2) Of course news platforms and social media posts will make fake news saying the price will be higher. They have the bag too and they want theirs to go up as well.
3) And no, social media platforms are not interested in fighting this kind of fake news. They are not even interested in fighting most other kinds of fake news either.

[ZAINmalik75]

Yes, the number of tokens it gave to the users was pretty low and those with one account end up with $10 to $20 worth of token during the listing time. After a few hours the price fell pretty drastically and HMSTR went from $0.013 to $0.00605.

Value of HMSTR token is till below $0.007 even at the time of writing this post. And, that means that it won't gain value sooner and most of the community that were farming HMSTR by running the bot 24/7 are totally dishearten by the airdrop distribution.

The big dump in the price of HMSTR was expected because the team was not publicly made any statements about the project if they had shared their plans for the project then maybe the price would not dump but due to high selling pressure, it was 100% expected that the price will dump.

If there comes any good news about the project like big events and news etc. then the price can pump otherwise I will also say we should sell all of our HMSTR because they are not going to pump anytime soon.

[vegasus]

2) Of course news platforms and social media posts will make fake news saying the price will be higher. They have the bag too and they want theirs to go up as well.

This is like aiming to bait traps to others, especially beginners so that the beginners enter at a certain time, and the old investors can exit quickly to reap profits. And after that? They are free to do it and go back to looking for other new hype coins with schemes that are almost the same on average.

Then the fate of the beginners, well, it's over, it's like their capital will be stuck in the coin and end up becoming a gray coin, where it will be very difficult to go back up if it's at a certain point. That's why, it's quite high risk when you enter late in this type of coin

[Dr.Bitcoin_Strange]

Well, I've got news for you.

1) The listing price of shitcoins will always be low.

Especially when some of the tokens are distributed via airdrops. Airdrop tokens are not meant to be held, because Most people who participate in airdrops are people who are seeking for quick profits and are not interested to hold the token if/when they’re finally listed, the first reaction is always to sell, hence the reason why the price of such tokens drops drastically after listing, except for a few tokens that put some measures in place to restrict holders from selling everything in their bag. Because if these measures are not initiated, they’ll likely sell everything, thereby limiting the chances of the token’s price ever going up, and that’s how some projects gradually dies off.

[LogitechMouse]

Well, I've got news for you.

1) The listing price of shitcoins will always be low.

Especially when some of the tokens are distributed via airdrops. Airdrop tokens are not meant to be held, because Most people who participate in airdrops are people who are seeking for quick profits and are not interested to hold the token if/when they’re finally listed, the first reaction is always to sell, hence the reason why the price of such tokens drops drastically after listing, except for a few tokens that put some measures in place to restrict holders from selling everything in their bag. Because if these measures are not initiated, they’ll likely sell everything, thereby limiting the chances of the token’s price ever going up, and that’s how some projects gradually dies off.

I've participated in many airdrops in the past already and it's hard for me to hold it if there's an opportunity for me to buy even better coins using that money that I can get if I sell it. I guess the only token that I held that came from airdrop is the recent Dymension airdrop which is I'm still holding until now.

In general, we've seen prices of tokens that came from airdrop plummeting because many who participated tend to sell their shares to buy better coins, and with how many users participated in the airdrop, many of them bag their profits because... they don't care about the project anymore. A harsh reality, but it's the truth. I will give the project at least a year before it becomes irrelevant and will be completely forgotten. Many popular exchanges will be delisting it because of low volume. As the hype dies, so does these tap-to-earn projects.

As for the developers, they don't care about their users anymore because they earned a lot already through ad revenue, and who knows. They might have some tokens as well that're already sold.

[Report]

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I was hoping to see the listing price ranging from 0.07 - 0.1 as I've read on news. But listing on Binance today was at 0.001 making all efforts looking like a waste...
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When I first got to know $HMSTR from Telegram but unfortunately I missed many events and I definitely couldn't contribute from this $HMSTR airdrop so I just missed joining $HMSTR. I don't wish bad to friends who get empty hands after working on $HMSTR from the beginning but how lucky I am to know this $HMSTR in the middle of the road so I don't join to do thousands of tasks that shouldn't be done every day because it really wastes time according to what you said.

[Agbe]

In respect to news going round different social medias concerning the price range of listing for the well known P2E telegram bot game Hamster Kombat. It is now proven today 26th September, 2024 that they were all false news.

It is now very clear that no one can predict the listing price of any token except the project team who comprehend all necessary determinants required for successful listing.
All the news I've read about the hamster Kombat listing price has stated 0.07 or 0.1, and I was carried away since almost all news source I came across has predicted the same price.
And I was hoping for something huge.

It's clear that most news about a project are fake when they are not announced by the Project team.
Down to the Token Distribution, fake news flew all round calculating 1million PPH to 1k HMSTR and Project team distributed on another ratio entirely.

I was hoping to see the listing price ranging from 0.07 - 0.1 as I've read on news. But listing on Binance today was at 0.001 making all efforts looking like a waste...
I may not literally say I'm disappointed but I ain't satisfied too.
Social media platforms should find a way to fight against fake news.

My disappointment actually started from the allocation, we all thought that accumulating enough Profit per hour would be the most important criteria and also having enough keys but after their snap shot everyone's points were divided, nobody understood the kind of mathematical system they used but after reducing the points people expected a high listing price, this is why I always say that an airdrop with a lot of users wouldn't have a fair distribut. After six months of tapping, playing games and increasing profit per hour some people didn't even get enough money to buy data. Hamster Kombat is indeed a failed airdrop.

[Dr.Bitcoin_Strange]

In respect to news going round different social medias concerning the price range of listing for the well known P2E telegram bot game Hamster Kombat. It is now proven today 26th September, 2024 that they were all false news.

It is now very clear that no one can predict the listing price of any token except the project team who comprehend all necessary determinants required for successful listing.
All the news I've read about the hamster Kombat listing price has stated 0.07 or 0.1, and I was carried away since almost all news source I came across has predicted the same price.
And I was hoping for something huge.

It's clear that most news about a project are fake when they are not announced by the Project team.
Down to the Token Distribution, fake news flew all round calculating 1million PPH to 1k HMSTR and Project team distributed on another ratio entirely.

I was hoping to see the listing price ranging from 0.07 - 0.1 as I've read on news. But listing on Binance today was at 0.001 making all efforts looking like a waste...
I may not literally say I'm disappointed but I ain't satisfied too.
Social media platforms should find a way to fight against fake news.

My disappointment actually started from the allocation, we all thought that accumulating enough Profit per hour would be the most important criteria and also having enough keys but after their snap shot everyone's points were divided, nobody understood the kind of mathematical system they used but after reducing the points people expected a high listing price, this is why I always say that an airdrop with a lot of users wouldn't have a fair distribut. After six months of tapping, playing games and increasing profit per hour some people didn't even get enough money to buy data. Hamster Kombat is indeed a failed airdrop

Lol, for some reason I find the whole situation quite amusing how a lot of people who participated in the Hamster Combat project had way too much high hopes on this project, considering the fact that this project had over millions of participants, just how much did the participants feel they’d earn from the hamster project. We’ve been in the crypto industry for quite a long time and we’re all meant to have gotten to these sort of things, especially when the coins were airdropped. NOTCOIN were able to pay out that much to its participants because they were a lot more fewer and so the dividend were quite meaningful.

[Gposas]

I keenly see that one of the major reason of frustration amongst CEO's was the feeling that as much users are on Hamster Kombat Airdrop, they are likely to pay more and which is a very wrong idea.
A friend of mine will always say, "this is a very legit project because it's all round the world, and everyone is tapping. This project will generate alot of income because they have alot of users".
Not knowing that the more users tapping, the lesser token to be distributed. In all, the price at listing caused the major frustration because most CEO'S has already been budgeting on what to do with the income to be generated, hoping the listing price to be on the range of 0.1 to 1 dollar.
Quite unfortunate for CEO's, expectations went beyond.

[Gposas]

2) Of course news platforms and social media posts will make fake news saying the price will be higher. They have the bag too and they want theirs to go up as well.

And this becomes a consoling and mind settling speech to beginners and most users. Making them to start counting their chicks before it's been hatched.
These fake news are the major factor causing frustration for users, because it's source won't be just a few but majority of the news will  say the same thing, giving fake hope, causing deception and a baseless confidence to users.
And these news all started from how tokens will be allocated, till the price of listing.

The funny thing is that, it wouldn't stop with this project but more and more fake news will keep coming for new telegram P2E projects and users will still fall into the same trap of deception and frustration.

[Stompix]

NOTCOIN were able to pay out that much to its participants because they were a lot more fewer and so the dividend were quite meaningful.

This is what happens during every altcoin hype season.
The first ones that came out of nowhere and were somewhat successful got a ton of money, then people set their expectations sky high and there are x10 trying to get rich on tapping cats and dogs and hamsters and obviously, supply and demand, unlike the previous when you had few holders and a lot of people interested in buying now you have millions of holders and....no buyers as everyone that wanted tokens could have played for what was that 4 months?

I still can't understand how some thought this would get into a 10 billion valuation based on current crypto prices.
Btw, it's down another 10% in the last 24h

[examplens]

I still can't understand how some thought this would get into a 10 billion valuation based on current crypto prices.
Btw, it's down another 10% in the last 24h

As always, they gambled. Investors (speculators) expected a four-digit percentage growth in a short period, if this did not happen, they leave the project and move on to something else. They are only interested in profit (short term) not in the project.

[Agbe]

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You have two consecutive posts and it is not allowed therefore you can delete one or merge the two posts to one.

For the hamster Kombat, there are some people who didn't receive their token till now. The tokens were deposited to an unknown exchange called Ebi exchange which has no features except Trading Now. The hope for the participants to receive the token was very high and the population was too high and that caused problem of the distribution process.

[Asiska02]

I keenly see that one of the major reason of frustration amongst CEO's was the feeling that as much users are on Hamster Kombat Airdrop, they are likely to pay more and which is a very wrong idea.
A friend of mine will always say, "this is a very legit project because it's all round the world, and everyone is tapping. This project will generate alot of income because they have alot of users".
Not knowing that the more users tapping, the lesser token to be distributed. In all, the price at listing caused the major frustration because most CEO'S has already been budgeting on what to do with the income to be generated, hoping the listing price to be on the range of 0.1 to 1 dollar.
Quite unfortunate for CEO's, expectations went beyond.

Only CEO’s that are not used to the cryptocurrency market will expect Hamster Kombat to list at a high price like that. Those that are familiar with airdrops already knew that the more the number of participants the lesser the allocation that each miner will get at the end of the campaign. It’s so unfortunate that they don’t regulate their income per user, like those that first joined earlier will get to mine more while those that joined later will only get from the remaining ones already left to be mine. This is just like halving the mining rate so that those that joined earlier will be more favored. They should expect more disappointments from other tap to earn projects because it seems they’re all following the same pattern now. Lowering expectations on projects like this is best for miners.

[pieppiep]

I still can't understand how some thought this would get into a 10 billion valuation based on current crypto prices.
Btw, it's down another 10% in the last 24h

As always, they gambled. Investors (speculators) expected a four-digit percentage growth in a short period, if this did not happen, they leave the project and move on to something else. They are only interested in profit (short term) not in the project.

These investors and traders approach projects with win-win thinking but with the intention of making quick money and if the projected growth rates are not realized, they dump the projects and search for others. Satisfied that the only people who will benefit are those who seek a quick buck on the stock market, these investors fail to take note of the fact that they are certain to miss out on projects that may take a long time to mature in the market.

But indeed, value of Hamster Kombat token is likely to face a great deal of downward pressure if the supply of the token is high while failing to capture much demand in the market. Additionally, high participation means that trading activities in an airdrop can reach a high level, and because individuals who like to participate in an airdrop quickly sell coins due to panic, the author states. In its absence, the token will continue its steady price decline as more of it is supplied in the market in the absence of measures such as supply cap, staking or creating significant rewards for holding tokens.