Hamster Kombat (HMSTR) has seen a significant price fluctuation, dropping by 6.75% in the last 24 hours. The current price stands at $0.005808, reflecting market volatility in the crypto space. With a market capitalization of $373,891,912, it holds a strong position, ranking at #151 on CoinMarketCap.
Market Overview
Despite the price decline, the trading volume of Hamster Kombat has increased by 12.65% in the past 24 hours, reaching $225,087,038. This increased volume suggests investors are actively trading the token, likely due to market speculation. The volume-to-market-cap ratio sits at 60.48%, indicating a healthy level of liquidity and investor interest.
The circulating supply of HMSTR is currently 64.38% of its total supply, which amounts to 64.375 billion out of the 100 billion maximum supply. This is a critical factor to watch as token circulation can influence price movements and market sentiment. The fully diluted market cap, which represents the total value of the asset at its maximum supply, stands at an impressive $580,802,971.
Price Movements
The price chart reveals a consistent downtrend over the past 24 hours. After a peak of $0.006225, the token’s value has steadily declined, reaching its current level of $0.0058. Although it saw a few small spikes, the overall trend remains bearish. This downward momentum could be attributed to broader market conditions or specific developments within the Hamster Kombat ecosystem.
Conclusion
Currently, Hamster Kombat (HMSTR) is experiencing downward pressure despite increased trading volume. Investors may want to closely monitor further market movements and any potential news or updates from the project that could impact its future trajectory.
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Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always do your research before investing in any cryptocurrency.
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Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always do your research before investing in any cryptocurrency.
