The global growth of Telegram-backed altcoins continues, and now Binance has announced its latest addition: Hamster Kombat (HMSTR). Following previous support for tokens like DOGS, Binance, the world’s largest cryptocurrency exchange by volume, has revealed Hamster Kombat as the 58th project on its Launchpool platform.
What is Hamster Kombat (HMSTR)?
Through Binance Launchpool, investors can lock BNB and FDUSD to receive HMSTR airdrops. The token will be listed on September 26, allowing users to trade HMSTR with USDT, BNB, FDUSD, and notably TRY pairs. Binance has long shown sensitivity to Turkish lira trading pairs, consistently offering them even during bear markets.
Following the announcement, the price of HMSTR spiked by approximately 50%. Here are a few key details for investors regarding Hamster Kombat:
- Total Token Supply: 100 Billion
- Launchpool Allocation: 3 Billion (3% of total supply)
- Network: TON Coin
- Airdrop: The distribution of tokens could result in continued price fluctuations.
The introduction of HMSTR Token could also spark increased interest in Telegram’s ecosystem, particularly among its newer mini-apps.
Binance’s Growing Support for TRY Pairs
One key takeaway from this announcement is Binance’s continued support for Turkish lira (TRY) pairs. Despite market fluctuations, Binance has maintained strong Turkish market presence, reflecting the country’s significant role in global crypto adoption. The addition of HMSTR with TRY pairs signals Binance’s commitment to meeting the needs of its Turkish user base.
Turkish NY Radio will continue to monitor the progress of Hamster Kombat and its impact on the crypto market.
