if I have 925.850 hamster Combat how much do they really worth them

Answered at Sep 15, 2024

Valuation of 925.850 Hamster Combat Tokens

Overview

Based on the information provided, we can calculate the approximate value of 925.850 Hamster Combat tokens (also referred to as Hamster Kombat or HMSTR) as of September 15, 2024.

Current Price Analysis

The most recent price data for Hamster Kombat (HMSTR) shows:

  • Current price: $0.0565 USD
  • 24-hour price change: +13.91%
  • Market rank: #2106 out of 42,109 coins

Calculation of Token Value

To determine the value of 925.850 HMSTR tokens:

925.850 HMSTR * $0.0565 = $52.31 USD

Therefore, 925.850 Hamster Combat tokens are worth approximately $52.31 USD as of September 15, 2024.

Market Context

It's important to consider the broader market context when assessing the value of these tokens:

  1. Market Capitalization: $565,000,000 USD
  2. Circulating Supply: 10,000,000,000 HMSTR
  3. Maximum Supply: 10,000,000,000 HMSTR
  4. 24-hour Trading Volume: $871,427 USD

The token's price has increased significantly in the past 24 hours (+13.91%), indicating strong short-term momentum. However, this also suggests potential volatility, which could affect the actual value of the tokens in the near future.

Trading Platforms

The top cryptocurrency exchanges for buying and selling Hamster Kombat tokens are currently:

  1. XT.COM
  2. Gate.io

These platforms provide liquidity for HMSTR tokens, which is crucial for realizing the calculated value.

Historical Performance

Hamster Kombat reached its all-time high on June 27, 2024, at $0.814016. The current price of $0.0565 represents a significant decrease from this peak, suggesting that the token has experienced considerable volatility.

The all-time low was recorded on September 14, 2024, at $0.047352, indicating that the token has recently rebounded from its lowest point.

Market Sentiment

The current market sentiment for Hamster Kombat is described as bearish, while the Fear & Greed Index shows a neutral reading of 51. This mixed sentiment suggests caution when considering the current valuation.

Token Utility and Project Background

Hamster Kombat is associated with a play-to-earn game integrated within the Telegram messaging app. The game allows users to collect, train, and battle virtual hamsters. Key points about the project include:

  1. Launched in March 2024
  2. Runs on The Open Network (TON) blockchain
  3. In-game currency: "Hamster Coins" (convertible to cryptocurrency)
  4. Over 250 million virtual hamsters in the game ecosystem
  5. Accessible through Telegram app
  6. Combines simple gameplay with strategic elements

The game's popularity and integration with a major messaging platform could potentially support the token's value in the long term.

Risks and Considerations

When assessing the true worth of 925.850 Hamster Combat tokens, consider the following:

  1. Volatility: The cryptocurrency market is known for rapid price fluctuations. The recent 13.91% price increase in 24 hours demonstrates this volatility.

  2. Market Cap Ranking: At #2106, Hamster Kombat is not among the top-tier cryptocurrencies, which may imply higher risk and lower liquidity compared to more established tokens.

  3. Project Sustainability: The long-term value of the tokens depends on the continued success and adoption of the Hamster Kombat game.

  4. Regulatory Environment: Changes in cryptocurrency regulations could impact the token's value and tradability.

  5. Market Sentiment: The current bearish sentiment could lead to further price decreases in the short term.

  6. Limited Exchange Listings: With only a few major exchanges listing HMSTR, liquidity might be a concern when trying to convert tokens to fiat currency.

Conclusion

While 925.850 Hamster Combat tokens are calculated to be worth $52.31 USD based on the current market price, the true value of these tokens is subject to various factors. The recent price increase and the token's association with a popular gaming platform suggest potential for growth. However, the relatively low market ranking and overall market volatility indicate significant risk.

Investors should conduct thorough research and consider their risk tolerance before making decisions based on this valuation. The cryptocurrency market's inherent volatility means that the actual value of these tokens could change rapidly and significantly.

Remember, this valuation is based on the market conditions as of September 15, 2024, and may not reflect the most current price or market dynamics. Always check the latest data and consult with financial advisors before making investment decisions in the cryptocurrency space.