The Surge In TON Daily Transactions Reached 15.5 Million Thanks To The Launch Of The Kombat Hamster Token
JAKARTA - The launch of the Kombat Hamster token (HMSTR) on September 27, 2024 has triggered a major spike in daily transactions on the Blockchain TON network. The data show that the number of daily transactions has soared to 15.49 million, marking a significant increase rarely seen in the crypto ecosystem.
The TON development team called the launch of the Kombat Hamster token and its airdrop the largest in crypto history. With trading volumes reaching 1.2 billion US dollars in the first 24 hours, Hamster Kombat even outperformed several large cryptocurrencies such as Binance Coin (BNB) and Dogecoin (DOGE). However, three days after its debut, the token price decreased by 14%.
According to a report from IntoThe Block, the spike in transaction activity was due to great enthusiasm for the Kombat Hamster token and the distribution of its airdrops. Although several third-party services experienced problems due to the surge in traffic, the TON network remained stable and was able to deal with this spike without major disturbances.
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The launch of Hamster Kombat isn't the only factor driving the TON Blockchain into the spotlight. Some blockchain-based games launched in recent months, such as CatizenaI and Rocky Rabbit, have also contributed to the popularity of TONS. In a recent report from CryptoQuant, TON is called the most popular Layer-1 solution, covering more than 50% of all Layer-1 transactions last month.
With the support of the Telegram community and the successful launches of games, TON is now leading among other Layer-1 networks. In addition, the game Hamster Kombat based on the click-to-earn mechanism attracts users with features such as daily missions, social features, and integrated mining mechanisms.
Although the launch was quite successful, Kombat's Hamster token experienced a significant decline in value. After reaching the debut price of 0.009993 US Dollars (around Rp151.89) per token, HMSTR lost more than 42% of its value in just three days, showing high volatility in the crypto market. However, developers are optimistic that interesting features in gaming and support from the community will continue to maintain interest in this project.