Quantcast
Channel: News - Crypto News Land
Viewing all articles
Browse latest Browse all 2767

Bybit Introduces Hamster Kombat Token for Pre-Market Trading

$
0
0

  • Bybit begins pre-market trading for Hamster Kombat (HMSTR), offering early trading opportunities ahead of the official market release.
  • Hamster Kombat, launched in March 2024, reached 239 million users in 81 days, becoming one of the fastest-growing digital services globally.
  • The pre-market price of HMSTR ranges between $0.001 and $0.1, reflecting early market expectations and potential volatility.

Bybit has added the Hamster Kombat (HMSTR) token to its pre-market trading platform, reinforcing its commitment to supporting new projects on The Open Network (TON). This listing allows users to trade HMSTR before its official market release, offering a unique opportunity for early price setting and trading.

Hamster Kombat’s Rapid Growth

Hamster Kombat, launched in March 2024, has quickly become a major player in the gaming world. The game attracted 100 million monthly users within 73 days and reached 239 million users by day 81. With 4-5 million new users joining daily, it stands as one of the fastest-growing digital services globally. 

Players start as a bald hamster, acting as a CEO of a cryptocurrency exchange, and generate in-game coins by tapping their avatar and upgrading their exchange. The game also includes rewards for watching YouTube videos and solving daily puzzles, enhancing user engagement.

Pre-Market Trading on Bybit

On July 8, 2024, Bybit began pre-market trading for HMSTR on its OTC platform. This feature allows buyers and sellers to set quotes and trade at predetermined prices, providing a chance to secure tokens before the official market launch. Bybit noted that this platform helps users lock in purchase or sale prices early, offering a strategic advantage in trading.

The pre-market price of HMSTR has fluctuated between $0.001 and $0.1, with quotes in Tether (USDT). While the pre-market trading gives an indication of market expectations, Bybit emphasized that various factors could affect the official listing price. The exact date for the start of spot trading remains undisclosed.

The Impact of Pre-Market Trading

Bybit’s introduction of pre-market trading for HMSTR highlights an innovative approach to trading offerings. This move allows users to engage with new tokens early, potentially influencing the token’s market debut. It reflects Bybit’s strategy to provide more trading options and flexibility to its users.

Hamster Kombat is compared to Notcoin, another successful Telegram-based clicker game. Notcoin’s pre-market price was $0.0059 before it surged to $0.2 after its spot trading listing, showing the potential for significant price movements post-listing. 

Read also

The post Bybit Introduces Hamster Kombat Token for Pre-Market Trading appeared first on Crypto News Land.


Viewing all articles
Browse latest Browse all 2767

Trending Articles