September 26, 2024 Hamster fighting The game has launched native transactions cryptocurrency this HMSTR Tokenon several major exchanges. The project was to be attempted as an interesting turning point but quickly turned to be a source of a great deal of disillusionment across board. Many apoplexy within the crypto community remarked in disgust that it was one of the airdrops no one would wish to remember in the history of mid 2020s. The reasons for discontent included a range of factors which displeased the users such as last minute amendment of the rules that led to disqualification of some participants, surprising delays in the distribution of the tokens, low value of the tokens and stability of the trading platforms. All these factors dampened what was set out to be a landmark occasion in the project.
Reasons why Hamster Kombat airdrop failed
Disqualifications and last minute rule changes
Due to the nature of the frustrations, many of the airdrop participants were left discontented as most of them would get disqualified by accident. Hamster Kombat introduces a new “anti-cheat” system to the players where the users can not and will not be able to score more than limited points per hour just to earn more tokens. Unfortunately, the participants had to be focussed, an abrupt alteration of the rule was introduced which led into banning of some participants who were over driven by tokens. Many people tended to presume that the timing of the change was aimed at the influencers who were thought to have been the ones receiving the tokens that were re-directed to them. This perceived bias infuriated the whole community.
Latency and token distribution issues
However, the airdrop, which was supposed to happen in July 2024, has been postponed because of technical issues which left the participants waiting in vain. The occasion was changed to September, however just on the eve of airdrop, the developers revealed that only 88.75% of the token will be available for immediate distribution. The rest 11.25% was postponed to July 2025.
Disappointing Coin Debut and Price Drop
On the first day of trades involving the HMSTR token, it was pegged at $0.01, which is lower than what the community anticipated. Not long after launching, prices started declining which wasn’t good for the investors. Investors and traders within the cryptocurrency industry expect the coin to be availed for trading at a much greater price where most influencers and even YouTubers projected the price to be within $0.10 and$0.50. This base value however drew negative commentary including and airdrop.
Token sale difficulty
Another important concern is the token trading problem after its release. Many participants received a small amount of HMSTR, which is negligible in order to trade on the minimum levels of the vast centralized exchanges marketplaces like Binance. The minimum trade amount in Binance is $5 which makes most of the users unable to sell their coins. Added to this restriction was the grievance that a big share of the airdrop tokens went to influencers or YouTubers for recommendation. One of the influencers in the cryptocurrency sphere Crypto with Khan captured the sentiment of the community, saying, “Hamster Kombat was a scam to the community. A huge sum of the airdrop was spent on YouTubers and influencers to promote Hamster Kombat. They went ahead and made the cashout without informing the community.
Technical glitches and network overload
All of this turned to the dissatisfaction of the community on technical issues during the token launch. The launching of the HMSTR token took place at the same time as the Wallet network was congested, a crypto-hosted wallet that supports Telegram. Such circumstances complicate users, both in terms of depositing, withdrawal, or trading of the tokens which has further been frustration and dissatisfaction that has seeped into the Hamster Kombat community.
