Sokipiriye Dokubo
The game Hamster Kombat is gaining momentum as it gets ready for its upcoming token release. Bybit has introduced pre-market trading for the game’s HMSTR token, giving traders another way to interact with the popular game before its official launch.
Bybit recently allowed trading of in-game points before the token launch, enabling users to speculate on the HMSTR token’s value. Currently, HMSTR is trading at around $0.12 in USDT stablecoin on Bybit’s pre-market platform.
Despite the buzz, there is uncertainty around how in-game coins will convert to on-chain tokens. For example, in a similar game called Notcoin, players received 1 NOT token for every 1,000 in-game coins. Hamster Kombat has not disclosed its conversion rate, adding risk to pre-market trading. Bybit has promised to help users convert their point orders to token orders once the official conversion rate is revealed.
This uncertainty hasn’t stopped exchanges from offering pre-market trading for Hamster Kombat. Bybit now joins Gate.io, Bitget, and KuCoin, which started pre-market trading for HMSTR back in June.
Hamster Kombat has quickly gained popularity, reportedly attracting 238 million users, according to Telegram CEO Pavel Durov. The game, a “mini app” on Telegram, follows the tap-to-earn trend from Notcoin but adds new features that have grabbed players’ attention.
As the token launch on The Open Network (TON) nears, scheduled for July, players are actively engaging with the game. More information on the Hamster Kombat token launch can be found in the airdrop materials on bitrabo.