Hamster Kombat ($HMSTR) Token to List on OKX, Targeting Telegram Mini-App's 300M Players

Crypto exchange OKX announced it will list the Hamster Kombat ($HMSTR) token, associated with Telegram's Hamster Kombat game, on September 26, 2024.

Crypto exchange OKX has announced the listing of Hamster Kombat ($HMSTR) token, coinciding with the Telegram game’s planned airdrop event. This listing will take place on September 26, 2024. Prior to the token’s official launch, OKX will offer early access through USDT-margined Pre-Market Futures contracts, allowing users to trade with up to 2x leverage.

Hamster Mini-App Surges Past 300 Million Players

Launched in March 2024, the Telegram mini-app, Hamster Kombat, has rapidly amassed an impressive player base. Telegram CEO Pavel Durov himself highlighted the game’s massive growth, which includes 12.6 million followers on X and 35.4 million subscribers on YouTube. The highly anticipated $HMSTR token will be introduced on The Open Network (TON) on September 26, accompanied by an airdrop event for players.

Iranian Authorities Raise Concerns Over HMSTR Coin

The Hamster Mini-App has not only captured the attention of gamers but also of the Iranian government. Authorities have expressed concerns about the app being part of a Western “soft war” to distract citizens from the upcoming presidential election.

Officials like Rear Adm. Habibollah Sayyari have stated that the app is being used to divert attention from political issues and influence voter behavior. Religious authorities, including Ayatollah Nasser Makarem Shirazi, have also criticized the app and similar cryptocurrencies, declaring them haram and a source of potential abuses.

Airdrop Hype Raises Concerns

The Hamster Mini-App coin project has allocated a substantial 60% of its total token supply to users, which has raised concerns that the token’s price could face significant selling pressure upon listing. This would be similar to what happened with Notcoin, whose value plummeted after spot trading began.

Despite boasting over 50 million users and promoting its upcoming airdrop as the “largest airdrop in crypto history,” there is growing concern within the crypto community about how the game plans to sustain user engagement following the airdrop event.

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