dim 29 Sep 2024 ▪
3
min reading ▪ by
Fenelon L.
The long-awaited Hamster Kombat (HMSTR) airdrop ended in massive disappointment within the crypto community. This “tap-to-earn” game on Telegram, which had aroused great interest, saw its token launch turn into a fiasco on September 26, 2024. Let’s analyze the reasons for this resounding failure which is shaking the crypto world.
A controversial distribution fueling the anger of participants
Hamster Kombat’s AirDrop quickly turned sour upon its launch. The problems began with a series of surprise disqualifications just before the event. Many active participants, who had spent time and resources accumulating points, found themselves excluded without notice.
The move was seen as unfairly favoring influencers over regular players. A frustrated community member said on X: “ We played by the rules for months, only to see our efforts dwarfed by a few crypto celebrities. »
This feeling of betrayal quickly rotted the entire HMSTR ecosystem, undermining the hard-earned trust over the months.
Furthermore, the successive postponements of the airdrop have exacerbated investor frustration. Initially scheduled for July 2024, the event was postponed to September, officially for technical reasons. This lack of transparency and preparation sowed doubt about the competence of the management team, further weakening the credibility of the project.
A chaotic launch weighs down the prospects of the HMSTR
On the big day, the HMSTR airdrop turned out to be a logistical nightmare. Technical problems have multiplied, preventing many users from claiming or exchanging their tokens. This situation caused a wave of panic, increasing the selling pressure on an already fragile market.
The final blow came from the launch price of the token, well below expectations. Listed at just $0.01, HMSTR quickly plunged, losing nearly 60% of its value in a few hours.
This dizzying fall dashed the hopes of rapid gains nourished by certain unscrupulous influencers, who had maintained unrealistic projections of $0.10 to $0.50.
In conclusion, the Hamster Kombat airdrop will go down in history as one of the most resounding fiascos in crypto history. This debacle highlights the critical importance of careful planning and transparent communication in launching new tokens. It also reminds investors of the need for extreme caution in the face of fantastic promises in the volatile world of cryptos.
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Fenelon L.
Passionate about Bitcoin, I like to explore the intricacies of blockchain and cryptos and I share my discoveries with the community. My dream is to live in a world where privacy and financial freedom are guaranteed for everyone, and I firmly believe that Bitcoin is the tool that can make this possible.
