TON Network Braces for Hamster Kombat (HMSTR) Airdrop – Will It Boost Toncoin Price?
iconKuCoin News
Release Time:09/26/2024 10:02:05
Share
Copy

The upcoming Hamster Kombat airdrop has TON validators on standby, expecting a large influx of users. The Open Network (TON) blockchain has alerted its validators to brace for a surge in system demand. 

 

Quick Take 

  • The Open Network (TON) blockchain gears up for the Hamster Kombat airdrop.

  • Validators on high alert to handle increased demand.

  • Hamster Kombat’s roadmap unveils major Web3 gaming plans.

  • TON price eyes potential rally amidst airdrop anticipation.

On September 25, a TON validator-focused Telegram channel issued a warning about the anticipated rise in bandwidth demand. With Hamster Kombat users set to mint their Hamster Kombat (HMSTR) tokens, validators are urged to maintain high availability.

 

TON Network risks overload due to high demand for Hamster Kombat coin minting

The TON blockchain anticipates a significant load increase due to the airdrop event. In a recent statement, TON warned validators of possible network outages starting September 26 at 10:00 UTC.

 

The Hamster Kombat project, with over 100 million monthly active users, is set to mint coins on TON, marking a first for the blockchain industry. TON's validator network will need to operate at full capacity to handle this unprecedented demand.

 

Hamster Kombat acquired 200 million users in three months. Source: Hamster Kombat

 

TON Validators on High Alert 

Between September 26 and 29, TON validators must monitor their status and hardware constantly. Real-time support is crucial during these days. In a statement, validators were reminded that the quality of their work directly impacts the TON blockchain's stability.

 

To ensure smooth operation, TON validators have joined the ‘TON Status’ Telegram channel, ready to implement urgent fixes or provide additional resources within an hour when required.

 

Hamster Kombat Season 1 Airdrop and Next Steps 

Hamster Kombat, a viral clicker game on Telegram, boasts an impressive 100 million monthly active users. The game recently revealed a roadmap for Q4 2024 and 2025, aiming to transform into a comprehensive Web3 gaming platform. The roadmap outlines plans to integrate external payment systems, introduce NFTs as in-game assets, and launch new games within the Hamster ecosystem. Additionally, the team is developing an advertising network to support the platform, with revenue directed toward token buybacks and player rewards.

 

The much-anticipated HMSTR airdrop is set for September 26, but only 43% of users will receive tokens. To introduce scarcity and potentially drive up prices post-launch, 11.25% of the airdropped tokens will be locked for ten months. However, this has sparked frustration among some players, particularly those who were labeled as 'cheaters' for collecting keys in the game's first season, invalidating their efforts.

 

Looking ahead, Hamster Kombat plans to onboard more players by merging Web2 and Web3 elements to sustain engagement post-airdrop. The team is also exploring further monetization options, including a dedicated advertising network to fund token buybacks and enhance rewards, aiming for long-term value beyond just profits.

 

Can the Hamster Kombat Airdrop Boost TON’s Price? 

Toncoin price | Source: KuCoin

 

Toncoin (TON) and the TON ecosystem are in the spotlight as the Hamster Kombat airdrop approaches, potentially acting as a catalyst for its price movement. The token recently experienced turbulence after the arrest of Telegram CEO Pavel Durov, dipping to a low of $4.6 before recovering to its current trading price of around $5.54. Despite an 18.7% monthly decline, TON appears to be moving within an ascending channel, though it faces stiff resistance at $6.50.

 

Analysts suggest that if TON successfully breaks through this resistance, it could rally towards $7, possibly even hitting $8. However, failure to overcome the $6.50 mark could result in a drop to $4.88. On-chain data supports a positive outlook, showing a surge in new and active addresses on the TON blockchain as the Hamster Kombat airdrop and other Telegram-based projects, like Notcoin (NOT) and Dogs (DOGS), fuel excitement.

 

The current momentum, indicated by the Awesome Oscillator (AO), suggests upward pressure is building. If TON mirrors its performance from May, where it surged by 23.2% to $7, it might be poised for a similar rally following the airdrop, especially if market conditions remain favorable.

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.
More related topics
Share