It won’t hurt to say Elon Musk facilitated two very interesting trends this decade; electric cars and meme coins. But before that, how much have you earned by simply buying and holding HAM tokens?
Only very few projects yield their holders some dividends in parent tokens for holding tokens, Hamster Finance is one of them and it’s still very early to invest in it.
The crypto community offers a free market space where concepts sell according to market demands. Regardless of a project’s intrinsic value, many factors could be the reason for its valuation; which sometimes could include ‘luck’.
How DogeCoin transitioned from a mere ‘joke’ fork of the bitcoin blockchain to one of the top ten cryptocurrency by market cap in a Two-trillion-dollar sector with tons of ‘more useful’ projects, is a mystery.
This portrays the randomness of the cryptoverse as a whole. Well, that’s not the first time this space has shocked us; and not the last time either. If you bought some Shiba in August and sold it off at its All-time high, then you’d probably be in a realistic moon right now, same as if you had invested in a number of meme coins.
All Meme coins hold one thing in common, ‘communalism’. Of a truth, group marketing creates an enormous hype around a project that could drive a huge buy pressure.
Like most people, you might not be a fan of jokes and memes, and communalism either, but passive income is an idea everybody fancies.
If that’s the case, then you would fancy Hamster token, a meme coin with an actual utility. Holders of the HAM tokens recieve rewards by passively holding the token in their wallets.
The project utilizes a reflection mechanism which adds incentives to HAM token holders encouraging them to hodl for a longer time. When compared to traditional interest accounts, Hamter token rewards can be up to an 80% APY, which is staggering.
Launched in 2021 with nothing but a super microcap, Hamster token has quickly gained attraction across the Binance Smart Chain Network as one of the trending memecoins with over 50 million dollars market cap as of writing.
Hamster token was verified by Coin98 as one of the most promising DeFi meme coin project along with other big names in the BSC ecosystem.
Hamster token was recently listed on CoinMarketCap and Mexc exchange and quickly worked through the ranks at an unprecedented rate. Some believe it to be the next Shiba Inu.
Unlike other meme projects, Hamster Finance will be adding new features to make the cryptocurrency actually useful, which may be an advantageous situation for early adopters.
Amongst the upcoming projects is a unique DEX called HamsterSwap. According to experts this and other future development may drive the HAM token to the literal moon. Such a great time to be alive.. Now is the best time to hop on this already!