Bitget Pre-Market Brings Hamster Futures Coin (HMSTRBG) prior to Hamster Kombat (HMSTR) listing

Press release

Victoria, Seychelles, 19th June, 2024 – Bitget, the leading cryptocurrency exchange and Web3 company, has enabled users to trade Hamster Future Coins (HMSTRBG) before getting early access for HMSTR tokens from the trending Hamester Kombat gaming ecosystem via the Pre-market platform. With this, users can gain early pricing power over HMSTR by trading HMSTRBG, making it easier to become the primary trading market for the asset once it is listed on various exchanges. The trading is live from 08:00 AM on June 21th (UTC). Bitget users now have the advantage of early access to HMSTR tokens by trading Bitget-based HMSTRBG tokens, allowing them to take positions in buying and selling before the token's official launch.

As the Hamster Kombat project has not yet announced its tokenomics, the total supply of Hamster Kombat tokens, i.e. HMSTR, remains unknown. To allow users to get into better positions with HMSTR trading prior to its launch, Bitget innovated the Hamster Futures Coin as the representation token for pre-market trading, with a total supply set at 10 billion tokens.

Bitget will start the pre-market trading of HMSTR after confirming its total supply. Completed HMSTRBG pre-market trades will be transferred to the HMSTR pre-market trading. The transfer does not change the volume of the HMSTRBG pre-market orders, but will scale the coin quantity and price based on the total supply of HMSTRBG and the total supply of HMSTR. Bitget will later announce the pre-market delivery time for HMSTR and complete the delivery. If the HMSTR token does not have a timely launch due to special circumstances, Bitget will terminate all HMSTRBG pre-market orders and unlock the margins of both the sellers and the buyers for compensation, while protecting users' interests.

Hamster Kombat, a captivating multiplayer clicker game, is a new addition to the tap-to-earn genre on Telegram. It has quickly risen to prominence with over 60 million players, garnering similar attention as Notcoin (NOT). It offers a Player vs. Player (PvP) mode where participants earn in-game coins by tapping their screens. These coins can be converted into HMSTR tokens, which are tradable on The Open Network (TON), giving real-world value to players' in-game achievements. The game features daily tasks, missions, and a referral program to boost coin-earning potential, along with productivity-enhancing boosts. Hamster Kombat's integration with TON ensures secure and transparent transactions, fostering trust and engagement among its players.

Bitget's Pre-market is a strategic tool designed for proactive traders and investors seeking early access to promising tokens. This feature empowers users by allowing them to trade in tokens like HMSTR before they are available on the broader market. By focusing on pre-listing trading, Bitget aims to establish its ecosystem as a comprehensive solution for both novice and experienced traders.

The pre-market trading platform for HMSTR tokens is currently live for Bitget users, providing them with an opportunity to engage in early trading activities.

This initiative aligns with Bitget's broader expansion goals across its spot and various other trading corridors. With a focus on providing users with opportunities to invest in popular and valuable projects, Bitget is now one of the top 10 crypto Spot trading platforms with over 900 coins and 1000+ pairs. Bitget continues to lead in the crypto derivatives market, with its Open Interest (OI) indicator surging past $6 billion on May 4, securing a substantial 25% share of the total market. Last month, Bitget recorded the highest monthly inflow among all centralized exchanges, with $975.4 million dollars in new capital, consolidating its position as industry leader.

Launched in April 2024, Bitget's Pre-market has given users early access to projects such as EigenLayer (EIGEN), Merlin Chain (MERL), Renzo (REZ), BounceBit (BB), Meson Network (MSN) Zerolend (ZERO), Notcoin (NOT), ZeroLayer (ZRO), ZkSync (ZKSYNC) and now the latest addition of Hamster Combat (HMSTR).

For more information about HMSTR tokens, please visit here.

About Bitget

Established in 2018, Bitget is the world's leading cryptocurrency exchange and Web3 company. Serving over 25 million users in 100+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, swap, NFT Marketplace, DApp browser, and more. Bitget inspires individuals to embrace crypto through collaborations with credible partners, including legendary Argentinian footballer Lionel Messi and many more.

For media inquiries, please contact: media@bitget.com

2024-06-20

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