Jakarta, Pintu News – Hamster Kombat, which previously became a viral sensation in the GameFi world, is now experiencing a sharp market correction. As of June 12, 2025, the price of HMSTR was around $0.00107, down about 27% in the last 24 hours.
The token lost about $25 million of its total market capitalization on Thursday, and now HMSTR’s market capitalization stands at about $69 million.
According to data from CoinMarketCap (12/6), HMSTR’s trading volume in 24 hours jumped more than 266%, indicating panic-driven activity from investors.
The Pressure Behind the Fall
After peaking at $0.0028 on May 11, the value of HMSTR has plummeted by 60% in the past month. This sharp decline was triggered by various factors.
Analysts revealed that whale wallets (large token holders) recently sold large volumes of HMSTR, which in turn triggered a mass sell-off from smaller token holders. This massive selling weakened market demand and eroded investor confidence.
Why Is Hamster Kombat ($HMSTR) Crashing? ?
— cryptophilip ?? (@FaschingPhilip) June 9, 2025
After one of the year’s most hyped airdrops, $HMSTR is now tanking hard.
? Here’s why:
• Airdrop Sell Pressure: 131M+ users got free tokens – many are dumping fast.
• Whale Activity: Top wallets (likely insiders) are offloading… pic.twitter.com/1CHnBIWlpI
Excessive expectations of the project also contributed to the price drop. Although Hamster Kombat went viral thanks to its “tap-to-earn” concept, the project failed to provide a clear roadmap or ecosystem development.
As a result, there is a gap between user expectations and project reality.
The Hamster Kombat community also began to show disappointment because the rumors about listing on Binance did not materialize.
Many users were hoping that the project would make it to a major exchange, but there was no official confirmation, which ultimately led to negative sentiment in the market.
In addition, the in-game “mining” token claim feature caused the supply of tokens on the market to increase suddenly. Coupled with HMSTR’s weak tokenomics structure – with 64 billion tokens in circulation out of a maximum total of 100 billion – the selling pressure intensified.
HMSTR Price Outlook
On the daily chart of HMSTR prices, the RSI (Relative Strength Index) indicator shows a reading of 13.95, which signals a very oversold condition.
While this usually opens up opportunities for short-term price bounces, there are currently no signs of a trend reversal.
If the token manages to start an upward rally, the nearest resistance level is around $0.00125.
Read also: Whale Buys 800 Million WLFI Tokens, Will Listing on the Exchange Happen Soon?
Meanwhile, the price movement showed a sharp decline that even broke through the lower limit of the Bollinger Band indicator, which generally reflects very strong downward pressure.
HMSTR’s price is currently at $0.001065 – well below its 20-day simple moving average (around $0.0019), which confirms the dominance of bearish sentiment.
If the price continues to fall and breaks the $0.001 level, it is not impossible that HMSTR will continue its decline to the $0.0005 area.
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