Hamster Kombat Token: Crypto Company Announces Exciting Update for Nigerians, Others

Hamster Kombat Token: Crypto Company Announces Exciting Update for Nigerians, Others

  • Trending Telegram game Hamster Kombat is set to list on one of the world’s leading crypto exchanges, OKX
  • The exchange has announced that in September, miners will be able to use its platform to trade the token
  • Hamster Kombat also plans to launch an airdrop event on the same day, generating anticipation among investors and the broader crypto community.

Legit.ng journalist Dave Ibemere has over a decade of business journalism experience with in-depth knowledge of the Nigerian economy, stocks, and general market trends.

OKX, a leading crypto exchange platform, has announced that it will list the Hamster Kombat token (HMSTR) on its platform on Thursday, September 26, 2024.

OKX to list Hamster Kombat token
Hamster Kombat to be listed on OKX Photo credit: Aref Taherkenareh
Source: Getty Images

The decision will make OKX the first exchange to list HMSTR on its spot market for spot trading. 

In a tweet announcing its decision, OKX said that spot trading would begin on that day once liquidity requirements are met. 

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The tweet reads:

"#NewListing #OKX will list $HMSTR @hamster_kombat on Sep 26th! Spot trading will start once liquidity requirements are met.
"The countdown is ON & big things are on the horizon."

Also, on the same day, September 26, 2024, there will be a Hamster Kombat airdrop token generation event (TGE).

The airdrop will be distributed to participants who meet specific eligibility criteria, such as holding certain NFTs or engaging in pre-launch community events

According to its recently released whitepaper, Hamster Kombat said it will allocate 60% of its token’s total supply to users to reward them for the game’s popularity.

What is Hamster Kombat?

Hamster Kombat is a Tap to Earn crypto project that has attracted over 300 million global players. It is arguably one of the most popular Web 3 clicker games currently hosted on Telegram.

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The project belongs to an increasingly popular category of crypto projects known as the “Play to Earn” category, which includes other popular projects like Tapswap, Notcoin, Blum, and Dotcoin.

While the founder is not publicly known, Nigerians have actively engaged with the project since it came on the scene earlier this year.

Crypto experts speak on tasks to prioritise

Meanwhile, Legit.ng previously reported that crypto experts had shared their thoughts on the Hamster Kombat tasks people should focus more on.

Like Notcoin and Tapswap, Hamster Kombat is a trending crypto project mined on Telegram and rewards players with coins when they tap.

People mining Hamster Kombat have been divided on which aspects to focus more on. Some said the Hamster Kombat tokens hold more value, while others argued miners would gain from their hourly profit.

Proofread by Kola Muhammed, journalist and copyeditor at Legit

Source: Legit.ng

Authors:
Dave Ibemere avatar

Dave Ibemere (Senior Business Editor) Dave Ibemere is a senior business editor at Legit.ng. He is a financial journalist with over a decade of experience in print and online media. He also holds a Master's degree from the University of Lagos. He is a member of the African Academy for Open-Source Investigation (AAOSI), the Nigerian Institute of Public Relations and other media think tank groups. He previously worked with The Guardian, BusinessDay, and headed the business desk at Ripples Nigeria. Email: dave.ibemere@corp.legit.ng.