Hamster Kombat token's uncertain future after airdrop, says analyst

Vladislav Antonov, a financial analyst at Bitriver, one of Russia’s largest mining data center operators, predicts that interest in the Hamster Kombat token (CRYPTO:HMSTR) will surge following its upcoming airdrop.

Hamster Kombat, a popular Telegram-based tap-to-earn game with over 300 million users, is set to distribute its tokens soon, drawing attention from the cryptocurrency community.

However, Antonov warns that this initial interest could wane if the game fails to evolve beyond its current "clicker" format, potentially prompting users to migrate to other projects.

Antonov explained that after the token enters exchanges, interest is likely to spike as many players who have accumulated virtual currency may attempt to quickly convert it into other cryptocurrencies.

“It is expected that immediately after entering the exchanges, interest in it will grow, and many players who have accumulated virtual currency will try to quickly convert it into real money,” he told Russian media.

However, he cautioned that this initial enthusiasm might fade if the game's mechanics remain simplistic and do not evolve to retain users.

“The game itself can quickly lose its value and interest, especially if its mechanics are limited to a simple tap on the screen,” he emphasised.

Several factors could impact HMSTR's performance post-airdrop, including details about token distribution that have yet to be fully clarified.

Additionally, the game's origin and its connection to a previous startup called Arenum might pose legal challenges, potentially affecting the token's trajectory.

These uncertainties could pose risks for both the game and its token.

Furthermore, the expected influx of users claiming the airdrop could strain the TON blockchain, which will host the HMSTR token.

Antonov pointed to a similar situation with another project, DOGS, which recently caused disruptions on the blockchain due to heavy traffic during its token release.

If Hamster Kombat experiences a similar surge, it could face difficulties in managing the airdrop process and ensuring a smooth distribution of tokens to its users.

The future success of Hamster Kombat and its HMSTR token may depend on its ability to innovate beyond its initial offering and navigate potential challenges.