The meme coin market has flipped bullish again over the past week.
Hamster Kombat Continues Rising in Pre-Market Trading as New P2E Token Shiba Shootout Raises $700k
This article was published more than a year ago. Some information may no longer be current.
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Hamster Kombat (HMSTR) is doing well in pre-market trading, leaving traders buzzing about its upcoming exchange launch.
Meanwhile, everyone’s wondering if Shiba Shootout (SHIBASHOOT), the new Wild West-themed meme coin, can match Hamster Kombat’s success.
Pre-Market Trading Frenzy Continues for Hamster Kombat
Hamster Kombat is continuing to make headlines.
For the past 11 days, HMSTR tokens have been up for grabs in pre-market trading on big-name exchanges like KuCoin, Bybit, and Gate.io.
Right now, Bybit’s floor price for HMSTR is $0.001.
But one investor has gone wild and thrown down a bid of $1,000 for HMSTR – exponentially higher than the floor price.
The trading action has been non-stop, with new orders rolling in every few minutes.
And now, everyone’s on the edge of their seats waiting for the official exchange launch.
Word on the street is that it’ll happen before the end of July, but the developers are keeping the exact date under wraps.
This kind of early excitement doesn’t come out of nowhere.
Hamster Kombat’s been building up a massive online following that rivals some of the biggest names in crypto.
For example, the project has over 12.1 million followers on Twitter and over 53 million Telegram members.
Inside Hamster Kombat’s Virtual Empire
It’s easy to see why Hamster Kombat has become such a hit.
Put simply, it’s a Tap-to-Earn crypto game on Telegram where players become CEOs of their own virtual exchanges.
Players tap to earn coins, upgrade their hamster characters, and build their digital empires.
What’s really turning heads are the numbers.
According to a recent tweet from the creators, over 250 million people are playing Hamster Kombat.
The native HMSTR token will eventually debut on the TON blockchain with a capped supply of 10 billion.
It will be the main currency for in-game purchases and rewards.
Yet many investors are eager to get their hands on HMSTR to speculate on Hamster Kombat’s growth.
Ultimately, Hamster Kombat’s popularity seems to stem from its accessibility.
Although its gameplay is relatively simple, the fact that it can be accessed through Telegram has made it a hit with retail investors.
And with the hype showing no signs of slowing, HMSTR’s open market debut will likely be a must-watch event.
Is Wild West-themed Shiba Shootout the Next P2E Meme Coin to Go Viral?
While Hamster Kombat’s been grabbing headlines, another meme coin is turning heads – Shiba Shootout.
This Wild West-themed token is currently in its presale phase and has raised nearly $700,000.
SHIBASHOOT tokens are priced at $0.0196 during the presale.
The main reason for Shiba Shootout’s early popularity is its focus on gaming.
Shiba Sharpshooter, the project’s flagship game, is now available on Google Play and the App Store.
It allows players to earn tokens through activities like meme duels and poker tournaments.
This early launch of a functional product has been a massive hit with the community.
Shiba Shootout also has a staking feature with high APY rates – quoted at 1,451%.
More than 22.7 million SHIBASHOOT tokens have already been staked, demonstrating how eager investors are to maximize their rewards.
On the security front, Shiba Shootout has had its smart contract audited by SolidProof.
And the token has even been featured on top-tier crypto outlets like Watcher Guru and The Bit Times.
So, can Shiba Shootout achieve similar success to Hamster Kombat?
The early signs are promising.
The project’s Twitter following has already hit 1,400, and the official Telegram community is growing rapidly.
While these numbers are a far cry from Hamster Kombat’s following, they show there’s genuine interest in Shiba Shootout.
If the developers can keep up this momentum and deliver on their roadmap, who knows what the future holds?
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