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What will the price of Hamster Kombat tokens be at launch?
With Hamster Kombat gearing up for its token launch in late July, the big question is: what will the token’s price be at launch? Given its 250 million user base, the potential impact on the token’s value is significant.
Despite the hype surrounding Hamster Kombat, critical details about its tokenomics remain under wraps. Bybit already listed HMSTR in its pre-market phase speculated a total supply of 10 billion tokens for initial valuation purposes. However, this number is still uncertain and could change depending on when the project officially reveals more information.
Some may think that HMSTR tokens will directly correspond to a user’s coin balance, but in reality, the system will take into account player activity and hourly revenue to incentivize gameplay. Therefore, the next step involves a detailed analysis of Hamster Kombat to project its supply and approximate token price at launch.
Hamster Kombat features a tiered ranking system. These include Bronze, Silver, Gold, Platinum, Diamond, Epic, Legendary, Master, Grandmaster, and Lord. Additionally, there is an eleventh rank designated for the game’s creators, called Creator. In our review, the distribution of Hamster Kombat’s user base is structured as follows:
Bronze | 50% |
Silver | 25% |
Gold | 12.5% |
Platinum | 6.25% |
Diamond | 3.13% |
Epic | 1.56% |
Legendary | 0.78% |
Teacher | 0.39% |
Grand Master | 0.2% |
Sir | 0.1% |
We assumed that the distribution of users across ranks is such that higher ranks have fewer users. We then looked at the revenue data for the top 100 users in each rank. For example, in the Bronze rank, the top user earns 33,612 coins per hour, while the 100th user earns 8,189 coins per hour. Using this data, we calculated the average revenue for the top 100 users in each rank. This gave us an idea of the earnings at the top end of each rank.
To estimate the average revenue for all users within each rank, we assume that users beyond the top 100 earn progressively less. We approximate this average by assuming that it is approximately half the average revenue of the top 100 users. This adjustment accounts for the decrease in earnings as we move down the ranks.
Using the estimated average revenue for each rank and the number of users in each rank, we calculated the total revenue for each rank. By adding up the total revenue for all ranks, we estimate that the total hourly revenue for all users in Hamster Kombat is approximately 21.89 trillion coins.
Bronze | 125,000,000 | 33,612 | 8.189 | 3.374 |
Silver | 62,500,000 | 201,000 | 41,429 | 20.210 |
Gold | 31,250,000 | 670,000 | 145,000 | 66,984 |
Platinum | 15,625,000 | 1,400,000 | 373,000 | 140,000 |
Diamond | 7,812,500 | 2,200,000 | 762,000 | 215,000 |
Epic | 3,906,250 | 3,200,000 | 2,800,000 | 1,585,000 |
Legendary | 1,953,125 | 4,400,000 | 3,800,000 | 2,185,000 |
Teacher | 976,563 | 4,300,000 | 3,900,000 | 2,125,000 |
Grand Master | 488,281 | 4,600,000 | 4,200,000 | 2,265,000 |
Sir | 244,141 | 5,000,000 | 4,300,000 | 2,488,000 |
If the Hamster Kombat team chooses to distribute tokens in such a way that 1 HMSTR equals 1 coin per hour of revenue, the total supply would be 21.89 trillion HMSTR tokens. Given the large user base, we can assume that the market cap could reach approximately $2 billion. This market cap would place the token at the top of the gaming category, according to CoinMarketCap.
With a market cap of $2 billion, the price per token would be calculated by dividing $2 billion by 21.89 trillion HMSTR tokens. This gives a token price of approximately $0.0000913 per HMSTR.
However, if the distribution model is set up so that 1 HMSTR is equal to 10,000 coins per hour of revenue, the total supply would be significantly reduced. In this scenario, the total token supply would be 21.89 trillion coins divided by 10,000, which equals approximately 2.189 billion HMSTR tokens.
Given the same market cap of $2 billion, the price per token would then be calculated by dividing $2 billion by 2.189 billion HMSTR tokens. This would result in a token price of approximately $0.914 per HMSTR.
At the time of writing, Bybit’s pre-market trading has a minimum price of $0.001 and a maximum price of $1.00, with the last traded price being $0.225. However, it is important to note that these are pre-market prices, and our estimate is merely a projection. It does not necessarily reflect the prices at which readers will be able to buy or sell the token when it is finally launched.
Once the token is listed, many players will likely sell their tokens, leading to a significant influx of sell orders. While some users may play for fun, a large number will attempt to convert their winnings into cash, driving the price down. This initial surge in sell orders will likely create downward pressure on the price, potentially causing it to fall below pre-market levels within minutes, hours, or days of the launch. We assume that the price could fall by around 50%, which would result in a price of approximately $0.457 per HMSTR and a market cap of around $1 billion, assuming a distribution rate of 10,000 coins per hour equals 1 HMSTR.
Disclosure: This article does not constitute investment advice. The content and materials presented on this page are for educational purposes only.