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OKX to list Hamster Kombat token for spot trading in September

okx-to-list-hamster-kombat-token-for-spot-trading-in-september
Edited by
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OKX to list Hamster Kombat token for spot trading in September

Hamster Kombat, the popular Telegram clicker game, will be listed on crypto exchange OKX next month, aligning with the token’s airdrop date.

According to an announcement on Aug. 30, OKX will list HMSTR on its spot trading market on Sep. 26, the day the project is slated to initiate its token generation event. Subsequent announcements are expected to disclose more details regarding what trading pairs will be available.

OKX ranks as the fourth largest cryptocurrency exchange by 24-hour volume, according to CoinGecko, making it a key platform for the highly anticipated HMSTR listing. The exchange will also organize several campaigns to fuel user engagement and has also introduced a countdown page to build anticipation for the listing.  

The Seychelles-based exchange has previously listed HMSTR as the first token on its pre-market futures platform, which was unveiled last month. OKX’s platform offered users 2x leverage to capitalize on the initial hype around the token.

As previously reported by crypto.news, the Hamster Kombat team announced its highly anticipated airdrop on Aug. 28 after delaying the event several times since its announcement in July.

Per the project’s tokenomics, 60% of the token’s total supply has been allocated to users, meaning that the token’s price could face significant selling pressure upon listing, as seen in the case of Notcoin, which saw its price plummet since spot trading began.

Hamster Kombat currently boasts over 50 million users and has advertised the upcoming airdrop as the “largest airdrop in crypto history.” At the moment, the crypto community is concerned about how the clicker game plans to maintain user engagement after the airdrop.