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Crypto Gaming

Hamster Kombat Airdrop Backfires – #HMSTRSCAM Takes Over X

Adding to the frustration, $HMSTR has lost 50% of its value in just 7.5 hours, trading below its pre-market price.

Written By:
Dishita Malvania

Last updated: September 27, 2024 3:39 PM
Published 2024-09-27
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Hamster Kombat Airdrop Backfires – #HMSTRSCAM Takes Over X

Hamster Kombat ($HMSTR), once a highly anticipated project, quickly became controversial after it went live on September 26 at 12 PM UTC (5:30 PM IST). The hashtag #HSMTRSCAM is trending across Twitter as disappointed users express their outrage.

After months of participation, many feel betrayed, receiving as little as $2 worth of tokens for their efforts. Some users spent six months completing tasks, playing games, and promoting the project, only to be left empty-handed.

A major issue stems from the airdrop distribution. Twitter users like Pushpendra Singh have accused the project of unfairly disqualifying 63% of participants from receiving tokens. While loyal community members got meager rewards, influencers, and YouTubers reportedly received millions of tokens with little effort.

Source: Twitter

Adding to the frustration, $HMSTR has lost 50% of its value in just 7.5 hours, trading below its pre-market price. Unlike other tokens on the TON blockchain, $HMSTR saw no initial growth and began to drop sharply. This sharp decline is attributed to the community’s disappointment in the airdrop and lack of interest in staking, leading many to sell their tokens.

Some users also reported technical issues like network overload after the airdrop, further damaging Hamster Kombat’s reputation. The community is now urging others to block the project’s bot and boycott its social media accounts. 

As frustration grows, the project’s future looks uncertain, with #HMSTRSCAM continuing to dominate conversations online.

Also Read: Hamster Kombat token: Was it worth the hype?

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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Dishita Malvania - Senior crypto journalist at The Crypto Times
By Dishita Malvania
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Dishita Malvania is a Crypto Journalist with 3 years of experience covering the evolving landscape of blockchain, Web3, AI, finance, and B2B tech. With a background in Computer Science and Digital Media, she blends technical knowledge with sharp editorial insight. Dishita reports on key developments in the crypto world—including Litecoin, WazirX, Solana, Cardano, and broader blockchain trends—alongside interviews with notable figures in the space. Her work has been referenced by top digital media outlets like Entrepreneur.com, The Independent, The Verge, and Metro.co, especially on trending topics like Elon Musk, memecoins, Trump, and notable rug pulls.

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