Bybit, a prominent cryptocurrency exchange, has expanded its support for projects on The Open Network (TON) by including Hamster Kombat (HMSTR) on its Pre-Market Trading platform.
Hamster Kombat, a tap-to-earn Telegram game where users mine HMSTR coins by managing a virtual crypto exchange, will begin trading on Bybit’s Pre-Market platform on July 8, 2024, at 10 AM UTC.
Bybit’s Pre-Market Trading platform allows for the trading of new tokens before their official listing, enabling buyers and sellers to set bids and execute trades at predefined rates. The inclusion of HMSTR tokens is seen as a significant advancement, providing customers the opportunity to purchase HMSTR tokens ahead of their spot trading debut.
This feature enables users to lock in purchase and sale prices in advance, offering a strategic enhancement to Bybit’s trading capabilities. Early access to HMSTR tokens empowers users to acquire them before they become available on the broader market.
While the exact date for HMSTR’s spot trading debut remains uncertain, its availability on Bybit’s Pre-Market Trading platform is a notable milestone. The exchange cautioned that pre-market activity might reflect market expectations, but various factors could influence the official listing price. Consequently, there may not be a direct correlation between pre-market and spot trading prices, as both are determined by market dynamics.
Data from Bybit’s Pre-Market Trading indicates that the pre-market price of HMSTR has been fluctuating between approximately $0.001 and $0.1 at the time of writing.
