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Hamster Kombat Token Launch Echoes Buzz Across P2E Crypto Sector, Here’s Everything
Hamster Kombat, a Telegram-based tap-to-earn game, has recently gained significant traction across the crypto realm. Soon after its inception, the P2E game boasted an enormous user base, marking a monumental stride.
Now, with the project’s plans for a token launch ahead, the P2E crypto sector is brimming with optimism. It’s worth noting that P2E cryptos have emerged as the current trend across the broader market, as also seen by the significant traction gained by Telegram-based Notcoin. Also, Telegram-based projects, in particular, have stolen the spotlight.
So, let’s take a closer look at Hamster Kombat’s recent advancements and future endeavors.
Hamster Kombat TGE In July
According to the Hamster Kombat official site, the TGE (Token Generation Event) and Token in-game utility launch are all set to take place in the coming month, July. Meanwhile, the project has already undergone significant upgrades.
As per the community, a stockpile of upgrades happened in June, encompassing on-chain infrastructure development, wallet in-game implementation, and Web3 pre-listing quest. Further, since its inception in March 2024, the project has seen developments such as mining updates, integration of the TON wallet for the collection of coins before token launch, and many more.
In a post shared by the Hamster Kombat community on X recently, it was further pointed out that the project’s user base spiked to 200 million. These chronicles, emerging amid a P2E season, have sent tongues wagging across the market.
In addition, the TGE also glimmers hope for the P2E crypto sector, given Hamster Kombat’s colossal user base.
Also Read: Shiba Inu Burn Rate Rockets 1100%, SHIB’s Climb To $0.00002 Imminent?
P2E Coins Market Performance
In tandem with Hamster Kombat’s recent buzz, the P2E sector’s market cap jumped 8.95% to $10.62 billion. Moreover, popular P2E cryptos, The Sandbox, FLOKI, and others, have noted considerable gains in recent days.
FLOKI’s weekly chart showed a 0.65% upswing and is currently trading at $0.0001706. The Sandbox (SAND) price soared 1.21% over the past week and is resting at $0.3353
Axie Infinity (AXS) price jumped 1.89% during the same duration to reach $6.08. Decentraland price (MANA) price gained 2.35% to $0.3392 in the past seven days.
Collectively, the price gains within the P2E sector, emerging in tandem with Hamster Kombat’s buzz, have garnered noteworthy attention.
Lastly, it’s worth noting that Notcoin, a Telegram-based game, also gained unprecedented popularity in recent days, sparking hope for the abovementioned game as well.
Also Read: US SEC Delays Spot Ethereum ETF Launch, Sends Back S-1 Forms
The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
Crypto exchange titan Binance has once again stolen the spotlight with its recent update on the omnichain liquidity infrastructure protocol, StakeStone. On Thursday, April 3, the CEX revealed that it is hosting the TGE for STO, offering market support to the token.
Mentioned below are some of the key details traders and investors should know as they look to capitalize on such emerging market opportunities.
Binance Reveals StakeStone’s Exclusive Token Generation Event (TGE); Here’s Everything To Know
In an official announcement, Binance Wallet announced that it is hosting the StakeStone TGE on BNB Chain with PancakeSwap. The STO TGE will be held on the BNB Chain and users are urged to keep sufficient BNB tokens in their wallets in order to participate.
Here’s The Start & End Date For StakeStone TGE
Start Date: April 3 at 08:00 AM UTC
End Date: April 3 at 08:30 AM UTC
The total number of STO tokens available in this event is 50,000,000, worth 5% of the total supply. Further, the total raise amount is $1,000,000 in BNB, per the announcement. No tokens other than those mentioned are to be accepted at this event.
Other Subscription Details On Binance Wallet
Additionally, the top crypto exchange set the price per token at $0.02 USD in BNB. The maximum amount of Binance Coins that each user can use to subscribe STO is 3 (Subscription Cap). Token allocations are to be conducted on a pro-rata basis, considering each user’s subscription amount against the total amount collected during TGE.
DEX trading for StakeStone will kick off promptly after April 3 at 08:30 UTC. Users can partake in STO DEX trading via PancakeSwap, a hotspot on BSC for trading BEP-20 tokens, and also the platform’s Wallet DEX division.
This announcement has altogether kept the crypto market abuzz as the omnichain liquidity protocol born in 2023 marks a landmark achievement with its TGE.
Crypto Exchange BingX Joins The Fray
Another renowned cryptocurrency exchange named BingX revealed plans to add STO to its Launchpool in the interim. The exchange is offering users a zero-fee staking experience from April 2-7.
Top crypto exchanges like Binance and BingX bolster the new crypto project with enhanced offerings, and market sentiments about StakeStone now glimmer with optimism. Crypto market traders and investors are eagerly awaiting further details on the matter, whilst some speculate if other exchanges will also join the fray.
It’s worth pointing out that another crypto airdrop and listing event has gained significant traction in recent days. CoinGape reported that the Initia (INIT) airdrop, which hovers right over the horizon, is extensively monitored by investors looking to catch on early trading opportunities.
Coingape Staff
CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
Investment giant VanEck has registered a Binance Coin (BNB) exchange-traded fund in Delaware, marking its fifth cryptocurrency ETF registration in the state. The move comes as major financial institutions continue to bet on digital assets despite market volatility.
BNB Joins VanEck’s Crypto ETF Lineup
According to public records on Delaware’s official state website, VanEck registered the new product on Monday under filing number 10148820. The “VanEck BNB ETF” was registered as a trust corporate service company, following similar registrations for Bitcoin, Ethereum, Solana, and Avalanche ETFs.
The New York-based company confirmed the BNB ETF will track the price of Binance Coin, currently ranked as the fifth-largest cryptocurrency with a market value of approximately $599. On-chain data showed BNB’s trading volume jumped 40% to over $2 billion after the announcement.
First BNB ETF Attempt In US Markets
VanEck’s filing represents the first attempt to create a Binance Coin ETF specifically for US investors. While other BNB-related products exist in global markets, such as the 21Shares Binance ETP, none are based in the United States. The 21Shares product remains the only exchange-traded note tracking the Binance Coin index.
JUST IN: VanEck Registers Entity for Potential First BNB ETF in the U.S.
VanEck has filed in Delaware to register an entity, hinting at plans for the first-ever BNB ETF in the U.S. market. The move marks a significant step towards expanding the accessibility of Binance Coin… pic.twitter.com/iFXBVu4mkD
— Crypto Town Hall (@Crypto_TownHall) April 2, 2025
The registration follows VanEck’s successful launches of Bitcoin and Ethereum ETFs last year after securing Securities and Exchange Commission approval. The company manages nearly $115 billion in client assets globally.
Crypto ETF Race Heats Up
“VanEck seems to be taking a ‘throw everything at the wall and see what sticks’ approach, which makes sense,” said Sumit Roy, senior ETF analyst at etf.com. “Avalanche isn’t the most widely traded cryptocurrency, but being first to market with an ETF in a new category comes with potential upside and little downside.”
BNB market cap currently at $85 billion. Chart: TradingView.com
The move comes just weeks after VanEck applied for SEC approval to launch the first AVAX ETF. Based on reports from Delaware’s state website, that document was registered under file number 10125689.
VanEck isn’t alone in pursuing alternative cryptocurrency ETFs. Grayscale has also applied to launch funds based on XRP, Solana, and Dogecoin. The firm’s Bitcoin fund currently manages nearly $17 billion and ranks third among Bitcoin funds from companies like BlackRock and Fidelity.
Crypto ETFs Gaining Momentum
The surge in ETF applications follows the strong performance of spot Bitcoin and Ethereum funds in 2023. Crypto-based exchange-traded products have drawn approximately $44 billion in assets during 2024 alone.
The NASDAQ exchange also submitted an application to the SEC on March 28 to list shares of an Avalanche ETF issued by crypto asset manager Grayscale. According to filing documents, Grayscale’s AVAX fund would use Coinbase Custody as its custodian.
VanEck’s latest move with BNB suggests major financial institutions see growing investor appetite for regulated cryptocurrency investment vehicles beyond just Bitcoin. The company filed for a Solana ETF in June 2024, making it the first potential SOL exchange-traded fund in the US.
To gain official approval, VanEck must now file a formal S-1 form with the SEC for these newly registered crypto ETFs.
Featured image from Gemini Imagen, chart from TradingView
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A renowned crypto analyst caused a huge market stir by forecasting a highly bullish outlook for Dogecoin price this Thursday. Market expert Ali Martinez revealed that a roughly 250% rally for the dog-themed meme coin to the $0.5 level looms. However, this bull run is possible given that the meme token holds above key support at $0.16. DOGE price exchanged hands at $0.1662 as of press time, igniting optimism over a rally ahead.
Dogecoin Price Eyes Over 250% Gains; Top Analyst Highlights Conditions
Ali Martinez on April 3 revealed that the $0.16 price level presents itself as a ‘make-or-break’ point for Dogecoin price via a post on X. According to him, if the price holds this level, a potential rally to $0.57 awaits, which is up nearly 256% from the current level.
However, failing to hold this level could result in a drop to $0.06, per the analyst. As a result, the key support level remains much-eyed by market watchers as the meme coin currently trades near it.
As mentioned above, the price is trading at $0.1662 with an intraday loss of over 3%. It bottomed and peaked at $0.1624 and $0.1787 over the past day, preventing losing support of $0.16. In an upshot, market watchers eye the token optimistically, expecting a sustained movement and thereby, a rally.
What Are The Next Resistance Levels For Dogecoin Price?
In another X post shared previously, the same analyst highlighted vital resistance levels for the dog-themed meme coin. Notably, the price faces two key resistance barriers at $0.18 and $0.21.
A sustained breakthrough above these resistance levels paves the way for a +250% bull run for DOGE price. In the wake of these price dynamics, crypto traders and investors are now glued to the meme coin’s price chart and await a trajectory shift.
Derivatives Data Sparks Speculations
However, Coinglass data has sparked contrary investor speculations by showcasing a decline in futures OI. DOGE futures OI was down over 3% to $1.56 billion today. This stat underscored slightly reduced investor interest in the meme token despite bullish predictions. Besides, the derivatives volume witnessed a 40% jump to $5.24 billion, adding a layer of intrigue to the market sentiment.
Crypto market traders and investors expect short-term volatility amid the dynamic market stats, whilst long-term prospects remain bullish. Also, a Dogecoin price prediction by CoinGape revealed that the technical chart on the weekly time frame showcases a bullish engulfing pattern. This formation suggests a strong momentum favoring buyers. Overall, broader market sentiments orbiting the meme coin remain bullish.
Coingape Staff
CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
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