HAMSTER KOMBAT Token Launch: Disappointment and Lessons
The atmosphere was somehow today, as many individuals were expecting the launch of the long awaited crypto project named HAMSTER KOMBAT. This game is said to be played by more than 250 million people around the world.
The Telegram mini game has commenced since 6 months or thereabouts ago, and it involves tapping to earn, unlocking keys, buying card for Profit per hour or to boost cloud mining, it involves daily cipher, daily combo and visiting their YouTube channel among others.
Many had forecasts to use the money generated from the scheme to get basic needs and wants. While some make a bogus list of items, others make a meme list and there about. The game has earlier informed its participants that, they will base their reward based on Profit Per Hour — but as fate will have it. Many got penury.
Earlier before the listing day, a lot of participants began to receive their allocation in their wallet and this they thought will be a "calamitous yoyo" due to the amount of Hamster token received. It is at this time they knew "they fucked up". At this point, a lot of people begin to change the narrative towards their expectations of something huge but others still aim higher.
The listing of the Hamster Kombat token yesterday, was perceived to be the announcement of the world election as many are in anticipation to see the result and how much they will earn. Lo and behold, around 12:00 UTC — 1:00pm Nigerian time. The token was listed and the people called it DUST — A value which is considered small or low.
It is at this point, people begin to raise their opinion to lament and make comparisons towards other projects that have "cooked" in the past. Such as NOTCOIN, DOGS, and the likes. Which they got profited accordingly.
Hamster Kombat was listed at a lower price and minutes after listing, it begins to dump, this is caused by the massive sell by many users who intend to sell their portion and take away their profit. Since the listing, hamster Kombat continues to dump.
This gave the crypto expert the avenue to make more profits, as derivative traders have begun to "short" the coin and they are getting profit already just that, the coin can pump anytime and their portfolio might be liquidated if they did not put stop loss.
Hamster Kombat is a nice project but the people expect too much from them. My opinion is that, the season two of the mining will not have more participants like the season one and people might not continue to mine again. The community members might begin to reduce as their interest in telegram mini game will reduce drastically.
I once said that, cryptocurrency has various seasons. Let us use it wisely, we should not be emotionally connected to the project we are engaging with. Anything can happen.
Thanks for reading through, the episode continues.
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#Day26
26/09/2024
Anwo Sunday Adedeji