Hamster Kombat Hype Turns To Gripes After HMSTR Token Plummets On Launch

Updated: 27 September 2024

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The hype around Telegram clicker game Hamster Kombat quickly turned to gripes after the HMSTR token imploded on launch and players slammed the project’s airdrop.

The HMSTR token slumped as much as 50% after listing on major crypto exchanges yesterday as frustration over the project erupted on social media platforms.

“You gave me dust after 4 months,” said one X user while venting his frustration towards the airdrop. ”I am killing hamsters, rats, rabbits or anything that looks like a hamster.”

HMSTR is trading at $0.006655 as of 10:07 a.m. EST, down 26% from its launch price. It has a market capitalization of $428 million, making it the 423rd biggest crypto, according to CoinMarketCap.

Kombat Hamster Ready To Share 60% Of Tokens To Game Players

Hamster Kombat Players Criticize The Team For HMSTR’s Unfair Distribution

Hamster Kombat distributed 60 billion HMSTR tokens, which is 60% of the crypto’s supply, through multiple tier-1 exchanges including Binance, OKX and BitGet yesterday.

Following months of participating in the game, completing quests, and promoting Hamster Kombat, several players were angered after only receiving as little as $2 worth of tokens.

🥂 THE MOMENT IS HERE 🥂

🤩 $HMSTR trading has official begun!

🚀 Congratulations, and to the moon, CEOs! pic.twitter.com/a0Yy7VRAxb

— Hamster Kombat (@hamster_kombat) September 26, 2024

A major issue that has been brought up online is the token’s distribution. Some of the game’s once-loyal players accused the project’s team of unfairly disqualifying 63% of participants from receiving tokens.

Out of the game’s 300 million players, only 131 million qualified for the token distribution event. Another 2.3 million lost their eligibility recently for alleged cheating.

To make matters worse, community members who backed the project received meager rewards, while influencers reportedly received millions of tokens for hardly any effort.

Some disgruntled airdrop participants also left comments for the project’s smart contract on the TON network. “Assholes, be cursed with your airdrop,” one person wrote.

#HMSTRSCAM Trends Online

Angry Hamster Kombat players are now urging others to block the project’s bot as well as boycott its social media accounts. Conversations linked to #HMSTRSCAM are also trending online.

Many have said that they will not be participating in the second season of the airdrop campaign, anticipating that the next distribution will be just as disappointing.