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HomeAltcoinAll Eyes on TON: How Will Hamster Kombat’s TGE Play Out
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All Eyes on TON: How Will Hamster Kombat’s TGE Play Out

  • The token era occasion (TGE) of Hamster Kombat is scheduled for July.
  • Hamster Kombat is a tap-to-earn recreation with greater than 200 million customers.
  • The TGE is anticipated to have an optimistic impact on Toncoin’s value.

The Open Community (TON) blockchain is experiencing a surge in recognition and worth, pushed by the upcoming token era occasion (TGE) for Hamster Kombat, a viral play-to-earn recreation on the Telegram platform.

The sport’s success and the anticipated token launch have spurred elevated exercise on the TON community, suggesting a rising curiosity in its potential. Hamster Kombat’s TGE will see the technical era of the HMSTR token. As per the sport’s official web site, the token’s in-game utility can even be revealed in July, and the challenge will proceed to endure vital upgrades.

You will need to word that Hamster Kombat reached the 200 million consumer milestone in simply three months of its debut, claiming to be the third-fastest software to take action. The “Faucet-to-Earn” recreation, similar to Notcoin (NOT), expects to interrupt data and obtain formidable milestones.

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The TGE will make the most of the TON blockchain for token era and airdrop distribution. Additional, TON wallets shall be built-in with the gaming platform, offering further utility to Toncoin. Hamster Kombat can even unveil further occasions and in-game options like Squad Kombat, characters and skins, time-limited occasions, and reside occasions in This autumn of 2024.

The debut of viral video games like Notcoin and Hamster Kombat has boosted the recognition of Toncoin (TON) and the TON blockchain. The community’s whole worth locked (TVL) rose from $13.51 million in the beginning of the yr to a monumental $712.25 million as of July 4, DefiLlama information exhibits.

The all-time excessive TVL of TON stands at $733.62 million, recorded on July 2. In the meantime, the value of the token has but to catch up. As per CoinMarketCap, the digital asset is priced at $7.60, down 4.96% within the final 24 hours.

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As seen within the chart under, the Relative Power Index (RSI) for Toncoin reads a worth of 51.88, indicating shopping for stress stays greater. Nevertheless, the gradient of the road suggests a possible entry into the bearish area.

Supply: Buying and selling

The TON token can also be down 7.6% from its all-time excessive of $8.24 on June 15. Nevertheless, it’s up 431.83% since July 2023, making it one of many best-performing altcoins out there. The current market downturn has presumably affected the value motion of TON.

Disclaimer: The data offered on this article is for informational and academic functions solely. The article doesn’t represent monetary recommendation or recommendation of any type. Coin Version just isn’t accountable for any losses incurred on account of the utilization of content material, merchandise, or companies talked about. Readers are suggested to train warning earlier than taking any motion associated to the corporate.

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