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What Is the Hamster price prediction today
AT A GLANCE
- In 2024, Hamster price is expected to reach $0.0000476, according to some experts
- 2025 promises to be turbulent, with prices ranging from $8.1906682937621e-10 to $0.0000369, with WalletInvestor predicting a breakthrough leading to a price rise to $0.0000369
- By 2030, HAM price can hit $0.0000476
Hamster fundamental analysis
Hamster (HAM) is a meme cryptocurrency built on the Binance Smart Chain (BSC). It operates primarily as a yield farming protocol where users can stake their HAM tokens to earn more HAM, supporting and securing the decentralized network in the process. The token doesn't have a dedicated use case beyond being an investment vehicle for potential financial growth.
The founding team behind Hamster Token remains anonymous, a common practice among many meme coins, which are typically community-driven and rely heavily on social media presence for growth and visibility.
Hamster Token gained significant attention in mid-2021 due to social media activities, including a notable tweet from Twitter CEO Jack Dorsey, who humorously suggested it was a better investment than Ethereum. This kind of engagement has been crucial for its visibility and trading volume.
The Hamster token is all about striving for financial freedom and staying strong in the unpredictable world of cryptocurrency. The team behind it is committed to positively impacting their community, aiming to protect their supporters from the stress and negativity that can come with market ups and downs. Additionally, Hamster Token's roadmap has included the launch of HamsterSwap, a decentralized exchange platform, which further increased its market presence.
What really sets the Hamster token apart is its strong and supportive community. People are drawn not just by its unique trading features but by the shared goals of financial independence and mutual support. The Hamster team works tirelessly, dedicated to serving their community and continuously improving the token’s usefulness and value over time.
Security
Hamster Token is built with several security features to protect its users and ensure the integrity of its system. It operates on the Binance Smart Chain (BSC), which is known for its strong security protocols. This includes regular audits of smart contracts and continuous monitoring to identify and prevent any vulnerabilities or attacks.
The decentralized nature of Hamster Token adds another layer of security by reducing dependence on centralized systems, which are more susceptible to failures and breaches. The project’s transparency and community-driven approach also help build trust and resilience against potential threats.
Additionally, Hamster token has a rewards system that incentivizes users to hold onto their tokens, fostering long-term engagement and stability within its community. By completing daily tasks, users earn tokens essential for upgrading their hamsters and expanding their digital empire. To maximize the upgrades, one has to play consistently and collect tokens.
Overall, the combination of blockchain technology, decentralization, and active community participation forms the core of Hamster Token's security strategy.
Use cases
Hamster is a cryptocurrency designed to be versatile within its ecosystem, catering to different interests and needs. One of its key uses is in Play-to-Earn (P2E) games, where players can earn rewards by engaging in gameplay. This feature makes Hamster attractive to gamers and those who want to earn cryptocurrency through fun and interactive means.
Additionally, Hamster plays a significant role in the NFT marketplace within its ecosystem. Users can buy, sell, or trade Non-Fungible Tokens (NFTs) using Hamster tokens. Humster marketplace offers a secure platform for creators and collectors to interact and conduct transactions.
Hamster is also integral to the HamsterSwap platform, where users can stake their tokens to earn rewards or participate in farming activities. By staking or farming, users contribute to the platform's liquidity and receive incentives, promoting long-term holding and investment in the token.
Hamster is used to purchase exclusive Initial DEX Offerings (IDOs) and NFTs within the Hamster Ecosystem. This gives users early access to new projects and unique digital assets, potentially leading to lucrative investment opportunities and rare item acquisitions.
Overall, Hamster aims to provide financial freedom and resilience against market fluctuations for its holders. The project focuses on creating value and utility for its community, striving to maintain relevance over time. The upcoming features include launching Play-to-Earn games and expanding cross-chain functionality to Ethereum, BNB, and MATIC networks.
Tokenomics
HAM has a total supply of 10 quadrillion tokens, with approximately 2.384 quadrillion currently in circulation as of June 25, 2024. It has a market capitalization of around $6.237 million. The token can be traded on multiple cryptocurrency exchanges, including PancakeSwap V2, Gate.io, MEXC, and BitMart. Daily trading volumes on some of the exchanges reach over $400.000.
The token's performance has been quite volatile, experiencing significant spikes and drops. In 2021, it saw an extraordinary increase of 2,378.88%, but like many meme coins, it suffered a substantial decline in 2022.
Hamster live price chart
At the end of January 2024, the HAM price chart was declining after a previous bull rally. On January 22 to swap HAM traders paid $0.0000000017, but 2 weeks after by February 7 to buy HAM users only had to give $0.000000001466. However, it was the lowest price point at the moment, and from there the value of the HAM token started growing. Another 10 days later on February 17 the price chart reached back to $0.000000001748.
The first milestone was reached on March 2 when to swap HAM traders paid $0.0000000020. Then after a tiny correction, the price skyrocketed to $0.000000003155 by March 5. Even after getting to such a high level the uptrend didn’t stop and the HAM token price chart continued going up.
By March 14 to buy Hamster coin traders paid $0.0000000039. It was the highest point of the price since spring 2022, making investors quite excited about the project again. However, the token couldn’t maintain such a high level and started to decline the next day, so on March 15, the price was already at $0.0000000033.
The downtrend continued further and by March 20 the price dropped to $0.0000000023. The next 3 weeks were signified by the high level of volatility as the price of the Hamster token was bouncing between $0.0000000020 and $0.0000000026. Around the middle of April the price chart finally dropped lower and on April 14 to swap HAM traders paid only $0.0000000014 per token.
The HAM price chart stayed around this level for a week and on April 21 suddenly jumped to $0.0000000022. Again not able to maintain this price level the token went declining. On May 2 its price was as low as $0.0000000018. Till the middle of the month, the value of the Hamster token was bouncing slightly around this level and finally started gaining value again in the second half of the month. By May 28 the price of the Hamster coin reached $0.0000000020 but then dropped again. In the following 5 days, the price declined slightly to $0.00000000189.
The first week of summer seemed to be more successful for the HAM token as it showed some gaines and its price reached $0.000000002622 by June 6. The price chart indicators signified at that moment that the asset was oversold and its price went down again. By the time of writing on June 25, to swap HAM traders paid only $0.0000000020. According to the current state of the crypto market and specifically HAM token chart indicators, investors should expect neither sudden price jumps nor declines. Most likely the HAM price chart will continue falling in the coming days with the possibility of a claim back later, staying around the support level of $0.0000000020.
Hamster technical analysis
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