What is market cap?

Market cap (short for market capitalisation) measures the total value of a company or cryptocurrency. For traditional companies, it's calculated by multiplying the total number of outstanding shares by the current market price per share. In the cryptocurrency world, the market cap is determined by multiplying the circulating supply of tokens by the current price per token.

For example, if a cryptocurrency has 10 million tokens in circulation, each valued at $5, its market cap would be $50 million.

Why is market cap important?

Here are several reasons why the industry uses the market cap metric system:

Valuation metric

Market cap provides a quick snapshot of a company's or cryptocurrency's total value. It allows investors to compare different assets on an equal footing, regardless of their individual token or share price.

Risk assessment

Generally, larger market caps indicate more established and potentially less volatile assets. Smaller market caps often suggest higher growth potential but also higher risk.

Investment decisions

Many investors use market cap to categorise their investments. For instance, they might allocate a certain percentage of their portfolio to large-cap stocks or top market cap cryptocurrencies.

Index inclusion

Many stock market indexes, like the S&P 500, use market cap as a criterion for including a business. Similarly, cryptocurrency indexes often rank assets by market cap.

Liquidity indicator

A higher market cap often correlates with better liquidity, meaning it's easier to buy or sell large amounts without significantly impacting the price.

What does market cap mean within the industry?

In both traditional finance and the cryptocurrency sector, market cap plays a crucial role in how assets are perceived and categorised:

1. Asset Classification

Large-cap: Generally considered the most stable and established.

Mid-cap: Often viewed as having good growth potential with moderate risk.

Small-cap: Typically seen as higher risk but with potential for significant growth.

In the stock market, these categories might be defined as:

Large-cap: Over $10 billion

Mid-cap: $2 billion to $10 billion

Small-cap: $300 million to $2 billion

The cryptocurrency market uses similar classifications, though the specific thresholds may vary.

2. Market dominance

In the crypto world, market cap is used to calculate the dominance of a particular cryptocurrency. Bitcoin's dominance, for instance, is its market cap as a percentage of the total cryptocurrency market cap. This metric helps gauge the relative strength and influence of different cryptocurrencies.

3. Project legitimacy

While not foolproof, market cap can be an initial filter for assessing a project's legitimacy and adoption. Projects with higher market caps have generally attracted more investment and may have more established use cases.

4. Investment strategies

Different market cap segments often attract different types of investors. Large-cap assets might appeal to conservative investors or institutional players, while small-cap assets might attract risk-tolerant investors looking for high growth potential.

5. Market trends

Shifts in market cap distribution across different types of cryptocurrencies can indicate broader market trends and investor sentiment.

6. Fundraising and valuation

For startups and new crypto projects, projected market cap is often used in fundraising to justify valuations and token prices.

7. Regulatory attention

Regulators often pay more attention to assets with larger market caps due to their potential impact on investors and the broader financial system.

8. Media coverage and public perception

Assets with larger market caps tend to receive more media coverage and public attention, which can further influence their perceived importance and value.

It's important to note that while market cap is a useful metric, it has limitations. It doesn't account for factors like circulating supply vs. total supply in cryptocurrencies, the impact of large holders, or the fundamental value proposition of a company or project. Therefore, while market cap is a crucial indicator in both traditional finance and the crypto industry, it should be considered alongside other metrics and qualitative factors when making investment decisions or assessing the overall health and potential of an asset.

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What is a stablecoin?

A stablecoin is a cryptocurrency that aims to keep its value consistent with a specific asset or group of assets, in other words, its value is pegged to the underlying asset. Unlike volatile cryptocurrencies such as Bitcoin or Ethereum, stablecoins aim to provide the benefits of digital currencies without the wild price fluctuations. Most commonly, stablecoins are pegged to fiat currencies like the US dollar, with one coin typically equaling one dollar.

How do stablecoins maintain their value?

Stablecoins use various mechanisms to maintain their peg:

1. Collateralised stablecoins

These are backed by reserves of the pegged asset. For every stablecoin issued, there should be an equivalent amount of the asset held in reserve (in a bank). Examples include USDC and USDT.

2. Algorithmic stablecoins

These use smart contracts and algorithms to automatically adjust supply based on demand, theoretically maintaining the peg. An example was TerraUSD (UST) before its collapse.

3. Hybrid models

Some stablecoins combine collateral backing with algorithmic mechanisms.

Maintaining the peg often involves continuous market operations, such as minting new coins when demand increases or burning excess supply when demand decreases.

What does it mean when a stablecoin depegs?

When a stablecoin "depegs," it means its value has deviated significantly from its intended peg. For instance, if a USD-pegged stablecoin trades at $0.95 or $1.05 instead of $1.00, it's considered depegged. Minor fluctuations are normal, but substantial or prolonged deviations indicate a problem.

Why does this happen?

Stablecoins can depeg for several reasons:

1. Market pressure: Extreme market conditions can lead to massive sell-offs, overwhelming the stabilising mechanisms.
2. Loss of confidence: If users doubt the stablecoin's backing or the issuer's credibility, they may rush to sell, causing a depeg.
3. Insufficient collateral: If a stablecoin isn't adequately backed by reserves, it may struggle to maintain its peg during high-stress periods.
4. Algorithm failures: For algorithmic stablecoins, flaws in the stabilising mechanism can lead to depegging.
5. Regulatory issues: Legal challenges or regulatory crackdowns can shake confidence in a stablecoin.
6. Liquidity crises: If there's not enough liquidity in the market, it can be difficult to maintain the peg.
7. External economic factors: Major economic events or changes in monetary policy can affect a stablecoin's stability.

What are the consequences of a stablecoin depegging?

The consequences of a stablecoin depegging can be severe and far-reaching:

Loss of user funds

Investors holding the stablecoin may face significant losses if the value drops substantially.

Market volatility

A major stablecoin depegging can trigger broader crypto market sell-offs and instability.

Loss of trust

Depegging events can erode confidence in the entire stablecoin market and the specific project.

Regulatory scrutiny

Such events often lead to increased regulatory attention on stablecoins and the broader crypto industry.

Disruption of crypto ecosystems

Many DeFi protocols rely on stablecoins; a depeg can disrupt these systems. And as stablecoins are often used as collateral, depegging can trigger mass liquidations and potential system-wide instability.

Project failure

In extreme cases, like with Terra/LUNA, a stablecoin depeg can lead to the complete collapse of the associated project and ecosystem.

Understanding the mechanisms behind stablecoins and the risks of depegging is crucial for anyone involved in the cryptocurrency space. While stablecoins play a vital role in the crypto ecosystem, providing a bridge between traditional finance and the volatile world of digital assets, they are not without risks. Be sure to always do your own research before engaging in the crypto space.

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Looking to boost your profits per hour in the Hamster-based game taking the gaming and crypto world by storm? Here’s all the information you need to know about combo cards and how to maximise your in-game coin stash.

What is Hamster Kombat?

Hamster Kombat is a Telegram-based game where users take on the role of a hamster CEO managing a virtual crypto exchange. The game's core mechanics involve tapping to earn initial coins, purchasing upgrade cards to increase hourly revenue, completing tasks for rewards, and inviting friends to earn bonus coins. 

The main objective is to maximise their profit per hour and climb the player rankings. While the game starts with active tapping, success relies on developing passive income streams and strategic reinvestment of earned coins. Hamster Kombat utilises a "tapper" game mechanic common in mobile games, where repeated screen taps generate virtual currency. However, it incorporates elements of resource management and social networking to add depth to the gameplay.

What are the Hamster Kombat Combo Cards?

Combo Cards are a key gameplay mechanic designed to reward players with in-game coins and bonuses. These Combo Cards are part of the game's daily challenges, where players must discover and select the correct combination of three cards from different categories such as "Specials," "PR & Team," or "Legal" to unlock substantial rewards. Each day at noon GMT, a new set of cards is revealed, and players who correctly identify and input the combo can earn up to 5 million coins.

The game operates on a tap-to-earn basis, where players initially generate income by tapping but can significantly enhance their earnings through the strategic use of Combo Cards. The correct combination not only boosts daily coin earnings but also contributes to the overall development of the player's in-game crypto exchange, allowing for higher passive income over time.

To maximise benefits from the Combo Cards, it's important to regularly check for the daily updates and solve the combos as soon as they are released. Engaging in related tasks, such as solving daily ciphers, watching Youtube videos from the creators or inviting friends, can also increase your earnings within the game​

How to find the right card combination

Catching the right Combo Cards in Hamster Kombat can feel like searching for a needle in a haystack. You might burn through all your hard-earned coins and still miss the mark. Even if you do stumble upon the correct cards, there's no guarantee you'll have enough coins left to purchase them… Leaving many to wonder if the potential reward of 5 million coins is worth the risk.

Of course, the game doesn’t hand out the day’s winning combo on a silver platter.

This is where a strong community comes into play. The explosive popularity of Hamster Kombat has led to the rise of numerous social media accounts dedicated to sharing the daily combo cards, saving millions of players from unnecessary frustration. 

Whether it’s a reliable X account or an active Telegram channel, there are plenty of resources out there. However, always be cautious, fraudulent accounts do exist, so it's essential to verify your sources before relying on them.

What are daily ciphers?

In Hamster Kombat, daily ciphers are puzzles that players can solve to earn additional in-game coins, typically up to 1 million coins each day. These ciphers involve decoding a word or phrase using a Morse code provided by the game. Every day, a new cipher is released at a specific time, and players must decode it to uncover the correct word or sequence to enter into the game.

Successfully solving the daily cipher not only rewards players with coins but also adds an extra layer of engagement, encouraging regular participation. The puzzles are often related to the broader themes and events within the game, making them an integral part of the daily routine for dedicated players.

While the game itself does not provide direct hints, many players turn to community resources and social media channels where solutions are often shared to help others crack the code and claim their rewards​

To kick off the process, tap the "Earn per tap" button on the main screen three times. This will change the background behind your hamster icon to red, and a new "Daily Cipher" box will pop up beneath the earnings counter.

Best of luck out there

Mastering Hamster Kombat’s Combo Cards and daily ciphers is essential for maximising your in-game coin stash and advancing your hamster-run crypto exchange. By strategically engaging with these mechanics and tapping into community resources, you can boost your earnings, climb the leaderboards, and enjoy a more rewarding gameplay experience. Stay alert, solve puzzles, and always verify sources for the best results.

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The crypto and NFT gaming world is more active than ever, with new game releases, frequent token airdrops, and ongoing developments keeping the space buzzing. And while the Hamster Kombat game is taking the world by storm, many are wondering: is there real money to be made here? As we do a deep dive into the project, we uncover whether people can really earn money from playing this hamster-centric, Telegram-based game. Let’s start at the very beginning. 

What is Hamster Kombat?

In a nutshell, Hamster Kombat is a quirky Telegram-based game that blends crypto concepts with idle gaming mechanics. Players act as the Golden Hamster CEO managing a virtual cryptocurrency exchange, tapping to earn coins and making strategic decisions to grow their business. 

The game features upgrades, daily tasks, and resource management, all with a fun and addictive interface. While it hints at potential future cryptocurrency rewards, the primary focus is on engaging gameplay and building a thriving digital exchange. 

Whether you love it or hate it, there’s no denying that Hamster Kombat offers a playful, low-stakes introduction to crypto-themed gaming.

So, is there potential to make money?

The aim of the game is to build up your in-game coin balance, however, the project creators have promised that an airdrop is in the pipeline. Similar to a recent tap-to-earn game, NOTcoin, the Hamster Kombat project promises to reward its players through an airdrop event based on their active participation in the game. 

While the allocation metrics remain fuzzy and the coin in question, HMSTR, is yet to be created, there is still a large amount of hype surrounding the game and the potential financial incentives. So much so that big exchanges in the crypto market are already pre-listing the coin. 

What we know for sure

The creators of the project haven’t left us totally in the dark, there are a few factors we know for certain:

Build your coin balance

As with most tap-to-earn games, players accumulate their in-game coins by completing small tasks. Hamster Kombat is no different, encouraging players to earn more coins through various avenues.

It’s all about the passive income

Hamster Kombat’s main gameplay involves tapping the screen, but to really progress, use the “Mine” button to purchase upgrades for your exchange. Investing in markets, PR, team, legal enhancements, and special cards will generate passive income, allowing you to earn coins even when you're not actively playing.

Work on your profit per hour

On that note, your profit per hour rating is arguably the most significant rating when it comes to airdrop allocation. This is based on a very uncryptic tweet from the creators:

Embed: https://x.com/hamster_kombat/status/1803025528909156356?lang=en

To work on increasing your profit per hour, see our piece on ways to maximise this. It covers everything from what you need to know about card upgrades to daily combos and more. 

Participation is key

While we know the main factor affecting a player’s HMSTR allocation is their total profit per hour, however, the following factors, taken from the project’s whitepaper also play a role:

● Overall game cycle: did you just download it and forget about it or are you an

active player?

● Community interaction and activity

● Friends, or, rather, the quality of the friends you invited: did you bring in bots?

Or are these real friends you interact and play with daily?

● Achievements

● Wallet integration

● Reputation

What we know about $HMSTR

The coin behind the project, HMSTR, might not be launched yet, but here is what we do know about it.

HMSTR will be created on the TON network, standing for The Open Network, created by the same team that brought us Telegram, the platform on which the game is based.

The popular game, which recently surpassed 300 million players, has postponed its planned token launch due to ongoing work on the large-scale airdrop logistics. 

While the token generation event and airdrop are now listed as "upcoming" on the game's roadmap, the developers have assured fans they are actively working to bring these features to fruition.

In the meantime, the token has been approved for premarket trading by the following platforms: OKX, Bitget, Gate.io, and KuCoin. 

Keep an eye on our blog for further updates. 

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So you’ve entered the world of Hamster Kombat and want to know how to get your furry paws ahead. You’ve come to the right place. In this guide, we'll explore strategies to maximise your profit per hour.

Whether you're a seasoned player or just starting your rodent-run empire experience, these tips will help you optimise your tapping technique, upgrade wisely, and manage your virtual resources like a pro. 

What does Profit per Hour mean in Hamster Kombat?

Imagine your Hamster Kombat exchange as a bustling rodent-run factory. Profit Per Hour (PPH) is the automated assembly line, churning out tokens even when you're not supervising. It's the game's way of rewarding you for smart investments and strategic planning.

What we know:

• PPH is passive income, generating tokens around the clock.
• Unlike with tapping or tasks, PPH is hands-free income - no constant attention required.
• These earnings flow directly into your main coin balance.
• This token balance can be used to upgrade cards or buy new cards.

PPH is the backbone of your hamster empire, ensuring growth even when you're away from the wheel.

10 ways to maximise your Hamster Kombat profit per hour

Card Upgrades

Look for cards that give you the most bang for your buck in terms of Profit Per Hour (PPH). Here are some smart picks at a reasonable price:

• "License Europe" is a quick win at Level 1. For just 5000 tokens, you'll earn an extra 720 PPH. You'll break even in about 6 to 7 login cycles (each cycle being 3 hours).
• Want to go bigger? The "Consensus Piranha Pass" at Level 2 is a powerhouse. It'll cost you 55,125 tokens but rewards you with a 2,030 PPH boost.
• "License Bangladesh" and "License India" might also surprise you with their unique PPH offerings, check them out too. 

Avoid cards that give you less than 1000 PPH if they cost more than 20,000 tokens. These rarely give you good value, the only exception being if you need them for a daily combo. 

Use Boosters

Boosters are key for fast progress in Hamster Kombat. The 'Multitap' booster increases coins per tap, while 'Energy Limit' boosts your energy reserves for more taps. Daily boosters refresh your energy every hour, so use them strategically to enhance your coin generation.

Consistency is key

Check-in regularly to grab limited-time bonuses and finish key daily challenges. You'll also keep up with important game changes, special events, and possible arbitrage opportunities. Consistently logging in is the secret to boosting your PPH over time.

Crack the Daily Combo

Each day features a "daily combo" with specific cards. Upgrading these cards grants a bonus of five million coins. Check Hamster Kombat’s online communities for the daily combo details to optimise your upgrades.

Solve the Daily Cipher

The daily cipher, now visible on the main Exchange screen, rewards one million coins. Enter the password in Morse code, with quick taps for dots and long taps for dashes. Timing is crucial, so solve the problem quickly.

Manage your tokens effectively

Handle your well-deserved coins like a savvy investor. Focus on smart upgrades that give you the most bang for your buck, and steer clear of wasteful splurges that might eat into your future profits.

Stay in the Game

Bear in mind that this isn't a hands-off money-maker market. Always be on the lookout for lucrative card deals, use your boosts wisely, and actively participate in the game to make the most of it.

Top the League Levels

League levels, from 'Bronze' to 'Creator,' impact your 'Multitap' and 'Energy Limit' booster levels, enhancing your active tapping gains. Reaching higher levels, like 'Creator,' requires significant coin balances, currently over 18 billion.

Join the Community

Connect with Hamster Kombat’s vibrant community on Telegram and social media. Engaging with other players can provide tips, updates, and insights, including info on time-sensitive seasonal cards that can boost your hourly profits. Also, be sure to invite your friends and family and reap the rewards.

Watch Hamster YouTube

Hamster Kombat offers rewards for watching their YouTube videos, giving 100,000 coins per view. Stay updated with their content, interact with the videos, and wait an hour for the coins to be credited.

That’s all the information you need to get ahead in this wildly addictive game. Now it’s time to get that hamster wheel turning.

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The game currently sending the blockchain gaming world into overdrive, Hamster Kombat, recently announced a delay in the launch of their highly anticipated airdrop. Here’s everything we know about the event from “one of the fastest-growing projects in internet history.”

What is Hamster Kombat?

If you’re new to the concept, let’s quickly get you up to speed. Hamster Kombat is a Telegram-based game where players take on the role of a hamster CEO running a crypto exchange. It combines simple tapping with some strategic elements and plenty of incentive to keep logging in. The main draw for players, however, is the upcoming token airdrop, which serves as a major incentive for all the tapping and gameplay involved.

The hype is also driven by the recent success of Notcoin, which launched its NOT token on The Open Network (TON), the same blockchain Hamster Kombat will use for its upcoming token. Notcoin's NOT token has become one of the year's biggest gaming token launches, reaching a peak market cap of over $2 billion, after distributing over 80 billion NOT tokens, worth about $1 billion at the time. 

This success has fueled excitement for Hamster Kombat and other Telegram-based games, contributing to Toncoin (TON) rising into the top 10 cryptocurrencies by market cap.

What is HMSTR?

HMSTR is the token behind Hamster Kombat, the promised coin that is yet to be launched. Previously, communications from the anonymous creators stated July 2024 as the token generation event (TGE), however, this has been pushed out. 

Despite the coin not even having been created yet, OKX, Bitget, Gate.io, and KuCoin have already announced their support for pre-market trading of the Hamster Kombat token.

How many tokens can a user get? 

While few details have been revealed regarding the specifics of how the airdrop token allocation will play out, the team has confirmed that it will work differently from the NOT airdrop, where users were allocated 1 NOT token for every 1,000 tokens they held. 

Hamster Kombat’s whitepaper has stated that 60% of the coin’s supply will be allocated to players, saying only that it will work on a metric system that measures a users’ profit per hour instead of their actual in-game coin collection. 

The whitepaper also outlined the following factors for the airdrop allocations: 

● Overall game cycle: did you just download it and forget about it or are you an

active player?

● Community interaction and activity

● Friends, or, rather, the quality of the friends you invited: did you bring in bots?

Or are these real friends you interact and play with daily?

● Achievements

● Wallet integration

● Reputation

How to join the Hamster Kombat airdrop

To qualify for the airdrop, players must complete certain tasks within the game. In order to do this, you will need to join the game (see details below), link your TON wallet, and then actively participate in order to build up your profit per hour rating within the game. Remember: profit per hour over coin balance.

How to play Hamster Kombat

To start playing Hamster Kombat, follow these steps:

1. Join Telegram
   Download the Telegram app and set up an account using your phone number and username.
2. Find the Official Hamster Kombat Bot
   Launch Telegram and search for the Hamster Kombat bot. It will guide you through the setup process and teach you the basics of the game, offering a user-friendly interface for newcomers.

How to connect your TON wallet for the airdrop

1. Open the Hamster Kombat Bot
   Launch the Hamster Kombat bot in your Telegram app.
2. Access the Airdrop Tab
   Select the airdrop tab located at the bottom right corner of the game screen.
3. Complete the First Task
   Choose the first task, which will prompt you to link your TON wallet.

Why is the Hamster Kombat airdrop delayed?

The team behind the game announced on X on 31 July that the initial date for the cryptocurrency token launch has been moved out due to the “technically complex” task of organising a successful airdrop event. They added, “We're not setting specific dates for one simple reason: it's impossible to predict the exact timeline for implementing this solution.”

Keep an eye on our blog for further updates. 

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