To help you determine whether or not the HAMS token is a good investment or not, we’ll kickstart this article by exploring the Hamsters crypto protocol. From there, we’ll dive into the HAMS token to explore its utility.
Next, we’re also going to take a closer look at the token’s on-chain analytics with Moralis Money to determine the overall sentiment toward Hamsters. Lastly, to top things off, we’ll show you how to find the next HAMS token with Moralis Money so you can capitalize on similar price rallies in the future!
If this sounds exciting, join us as we jump straight into the Hamsters crypto!
What is Hamsters Crypto?
Hamsters is a crypto platform combining live-streamed and pre-recorded hamster races with a player-vs-player (PvP) betting system. They claim to revolutionize conventional gaming and the gambling industry by integrating decentralized finance (DeFi) solutions and crypto technology into a visually engaging user experience.
Through the Hamsters crypto gambling platform, users are given an opportunity to bet on their favorite hamsters and watch the races on a livestream. And via the dynamic and interactive gamified betting system, users get a fair and transparent gaming experience.
What’s more, Hamsters features a potentially lucrative tokenomics model that rewards community members for their commitment and active participation on the platform. Through this model and the incorporation of DeFi solutions, Hamsters aim to revolutionize the way crypto gaming platforms engage with users and reward loyal community members.
In summary, by combining DeFi, gaming, and real-time, live-streamed events, Hamsters is looking to pioneer a new paradigm of rewarding and interactive gaming experiences!
Hamsters Crypto Gambling Platform
Via the Hamsters crypto gambling platform, players can engage with real-time hamster races. And all these races are live-streamed, providing a dynamic and interactive experience for players from all over the world.
Before and during the races, players can place bets on their preferred hamsters. In doing so, they engage in PvP competitions and can earn rewards for their gaming skills.
What’s more, the platform takes a 5% fee from all bet winnings, which contributes to the revenue generation of the Hamsters crypto gaming platform.
Here’s an image showing what it looks like during a race:
Now, with an overview of the Hamsters crypto gambling platform, let’s take a closer look at the HAMS token!
What is the HAMS Token?
The HAMS token is the backbone of the Hamsters ecosystem, and the token was minted on July 15, 2023. Less than two weeks after the initial launch, HAMS experienced an impressive 750% price rally in 24 hours, providing early investors with substantial returns!
As the lifeblood of the Hamsters crypto ecosystem, the HAMS token offers a bunch of utilities that enhance user experiences, foster innovation, and push the platform’s growth forward.
Here’s an overview of the HAMS tokenomics:
The Hamsters crypto ecosystem is designed to reward holders of the HAMS token with a revenue share. And token holders get rewards based on the proportion of tokens they hold.
So, how exactly does this work?
- Reward Pool: The reward pool receives 80% of the Hamsters crypto gambling platform’s revenue. And this is the pool from which HAMS token holders receive their rewards. The reward pool distribution is determined by the percentage of HAMS tokens held by each user in relation to the circulating holder supply.
- Team’s Revenue Pool: The remaining 20% of the revenue generated is allocated to the team’s revenue pool.
Benefits of the HAMS Token
Let’s take a closer look at three benefits of the HAMS token:
- Revenue Sharing System: 80% of the revenue from the Hamsters crypto gambling platform is allocated towards the reward pool. This pool is distributed among holders, creating another incentive layer for holding the token and supporting the Hamsters ecosystem. Consequently, community members are not only platform users but also have a stake in the financial success of Hamsters.
- Gambling Incentives: Holding HAMS tokens also provides the perk of increased winning potential. Holders benefit from enhanced odds, giving them more bang for the buck. As such, the HAMS token isn’t only an investment tool but also a part of the experience, providing advantages that extend beyond conventional tokenomics.
- Community-Centric: Hamsters takes a community-centric approach by designing the HAMS token to encourage user participation. Rewarding token holders and active members foster an environment that values users, making them a vital component in Hamsters’ growth and success.
Now, with an overview of the HAMS token and its benefits, you might be asking yourself, should I invest in the Hamsters crypto?
Should You Buy the HAMS Token? – Hamsters Crypto On-Chain Analytics
Understanding the benefits and utility of the HAMS tokens is a good start; however, it isn’t enough to give you a straightforward answer to the question above. The reason for this is that the success of HAMS is highly dependent on the platform’s usage, and the current overall sentiment toward the token.
And since we’re unaware of when you might be reading this article, we can’t say whether or not you should buy the token, as HAMS might be a good investment today and a lousy one tomorrow.
Instead, a more reliable way to determine if you should invest in the Hamsters crypto is to look at the token’s real-time, on-chain analytics!
On-chain analytics is a critical approach in determining whether or not a token is worth investing in. With on-chain analytics, you base your investment decisions on irrefutable, real-time blockchain data. This is a reliable way to determine the true value of a token, as the numbers don’t lie.
However, the challenge with this approach is acquiring the data, which is precisely why pro traders use blockchain analytics tools like Moralis Money!
One of the key features of Moralis Money is the platform’s various token pages. Each token has its own dedicated page with data such as the current price, price charts, and alpha metrics, including changes in net experienced buyers, net volume, holders, and liquidity over a given time period.
For instance, this is what the $HAMS token page looks like:
$HAMS Token Page
With the information displayed in the interactive widget above, you can quickly determine the overall sentiment toward the token based on real-time blockchain data!
For instance, the Net Volume metric can tell you if buy pressure is increasing/decreasing, while Net Experienced Buyers can tell you if other experienced crypto traders are investing.
Since this data continuously changes, we can’t tell you whether or not the Hamsters crypto is a good investment or not. As such, visit the $HAMS token page to get the latest data yourself so you can make an informed decision!
How to Buy the Hamsters Crypto Token
If you decide you wish to get a bag of $HAMS, you have several options. Just use the “Market” section on CoinGecko or CoinMarketCap page for that token. There, you’ll find a list of all CEXs and DEXs that offer the relevant training pair, including the trading volume. As such, you can easily pick a market that best suits your goals.
In case you decide to buy Hamsters tokens, use the above instructions to find a DEX or CEX that has a sufficient trading volume for that crypto.
If you go with a DEX, then you’ll need a hot Web3 wallet (e.g., MetaMask), which you’ll need to connect to the platform. Next, you’ll be able to select the trading pair and execute the on-chain transaction.
The process of using a CEX is arguably even simpler. After all, once you have your account ready and funded, it is rather straightforward: simply visit that token’s trading pair and execute the trade. However, keep in mind that whenever you use CEXs, you are not in full control of your cryptos. “Not your private key, not your crypto!”
How to Find the Next Hamsters Crypto
Moralis Money’s token pages are just the tip of the iceberg, and there’s a lot more to the platform. In fact, Moralis Money is the industry’s premier crypto breakout scanner, allowing you to find the most undervalued crypto before everyone else!
So, how does this work?
Well, Moralis Money leverages blockchain data in real time, giving you true market alpha. As such, when using Moralis Money, you can find tokens before sites like CoinGecko, cryptocurrency whales, and the masses.
To illustrate the power of Moralis Money, we’ll show you how to find the next Hamsters crypto. In doing so, you’ll hopefully be able to find tokens before they experience similar price rallies!
To begin with, let’s quickly examine the alpha metrics of the HAMS token at the time of writing:
As you can see from the image above, the HAMS token has increased substantially in both net volume and holders over the past month. We also know that the token is relatively new. As such, let’s create a search strategy with the Token Explorer feature based on these parameters:
- Step 1: Launch Token Explorer and add the Coin Age metric to find coins minted within the past month:
- Step 2: Let’s now combine Coin Age with the Net Volume and Holders metrics to filter for coins with growing buy pressure:
- Step 3: Add any additional metrics to make your strategy even more targeted.
It’s as easy as that when working with Moralis Money!
By combining three straightforward metrics, we generated a comprehensive list of potential altcoin gems. From here, you can continue your research by visiting each token’s token page to determine if they are suitable investments.
Beyond Finding New Tokens – Start Trading Like a Pro with Moralis Money
You now know how to find new crypto coins before everyone else with the Token Explorer feature. However, there’s more to Moralis Money. As such, let’s explore some additional benefits and features of the platform:
- Token Shield: The Token Shield feature provides a detailed security evaluation for all coins. Look for the shield symbol attached to each coin, or visit a coin’s token page for more in-depth data. To learn more about this, check out our guide on crypto pump and dump scams.
- Token Alerts: With Token Alerts, you can set up email notifications to monitor individual tokens and the market as a whole. With this feature, you can find new investment opportunities even when you aren’t in front of your screen. To learn more, read the following article on how to set up a Binance new listings alert.
- Manage Your Portfolio: You can also leverage Moralis Money’s crypto portfolio manager to track your assets across multiple blockchain networks.
- The Moralis Money Pro Plan: Sign up for the Moralis Money Pro plan to start trading like a professional. By going Pro, you get access to a private Discord server, narrower timeframes for all search metrics, can save up to ten strategies, and much more:
Summary: Exploring Hamsters Crypto – Should You Buy the HAMS Token?
In today’s article, we explored the Hamsters crypto project. In doing so, we learned that it’s an innovative crypto-gambling platform allowing users to bet on hamster races. Hamsters combine the power of DeFi, gaming, and live streams in an attempt to pioneer a new paradigm of interactive gaming experiences.
At the center of the Hamsters crypto protocol, you’ll find the HAMS token. HAMS is a utility token that provides a bunch of benefits to holders. This includes a share of the platform’s revenue and better odds when betting on the site. Moreover, two weeks after its launch, the token experienced an impressive 750% price rally in only 24 hours!
After exploring the ins and outs of Hamsters, we additionally dove into the HAMS token’s on-chain analytics using Moralis Money – the ultimate on-chain indicator. By studying the token’s on-chain analytics, you can now make more informed decisions based on irrefutable blockchain data.
And lastly, we showed you how to find new tokes with Moralis Money’s Token Explorer and dove into some additional features, including Token Alerts and Token Shield.
Also, remember that you can supercharge the features of Moralis Money by signing up for the Moralis Money Pro plan. Doing so gives you access to premium education, narrower timeframes for all metrics, access to a private Discord server, and much more:
You can also try Moralis Money using the interactive widget down below. Apply a premade search strategy, or create a new one based on your preferences:
