How much does 1 HMSTR cost when converted to Rupiah? Will the Amount Be Exciting?
2024-09-19
Bittime - For those of you who play Hamster Kombat and are waiting for the HMSTR airdrop distribution, of course you are curious about how much 1 HMSTR will cost.
Considering its popularity and the interesting campaign carried out by Hamster Kombat, it is natural that many Hamster Kombat players make assumptions regarding the price of 1 HMSTR.
Instead of just assuming, check out the review regarding how much 1 HMSTR costs when converted to Rupiah here. Is it true that the nominal value will be encouraging?
How Much 1 HMSTR Price to Rupiah?
Based on information from Coin Codex (coincodex.com), the price of 1 HMSTR is 2,061.28 Rupiah.
The price of 1 HMSTR which when converted to Rupiah is IDR 2,061.28 above is the result of analysis from observations of various exchanges.
Even though the value seems encouraging, it is important to understand that the price of 1 HMSTR, which is currently IDR 2,061.28, can change quickly, depending on the situation in the market.
So, it is possible that tomorrow the figure of IDR 2,061.28 for 1 HMSTR could experience a decrease, but it does not rule out the possibility that it could also increase.
If viewed without considering previous fluctuations, the price of 1 HMSTR is IDR 2,061.28, which does seem encouraging.
However, if you pay attention to current price developments, such a value turns out to be quite disappointing.
Analysis of HMSTR Price Fluctuations against Rupiah
Source: coincodex.com
To help you carry out analysis or research regarding the price of HMSTR when converted to Rupiah, the following is a presentation of HMSTR fluctuation analysis data compared to Rupiah.
It should be understood that the data presented below is just information, not financial advice.
For the record, the existing data presented is the result of HMSTR price movements in the last month which was processed from data from coincodex.com.
Highest and Lowest Prices
On August 24 2024, Hamster Kombat reached its highest price over the last 30 days, namely 6,318.52 Rupiah.
These prices represent significant price peaks, which may be caused by temporary spikes in demand or external factors such as positive news regarding the asset.
On the other hand, the lowest price for HMSTR was recorded on September 14, 2024 at 12:00 UTC with a value of 731.30 Rupiah.
This fairly large difference between the highest and lowest prices indicates high market volatility and significant selling pressure in recent times.
Volatility
Over the last 30 days, Hamster Kombat's volatility against IDR reached 51.38%.
This level of volatility is an indication that the price of Hamster Kombat has experienced large fluctuations in a relatively short period of time.
Apart from that, it also appears that the highest volatility occurs at certain intervals with variability of 34.30% and 45.96%, which further confirms that the Hamster Kombat market is very dynamic and susceptible to large movements in short periods.
Price Changes
Price Increase
At various points in time, Hamster Kombat experienced price increases, with a positive percentage change of 3.61% to 18.35%.
The increase could be the result of stronger buying or supportive fundamental factors.
Price Reduction
On the other hand, the most striking price movement was the drastic decline which reached -63.77% to -87.70%.
The sharp decline that occurred indicates that, although there have been periods of recovery, the overall 30-day trend is downward.
This can be caused by internal factors such as profit taking by investors or external factors such as negative sentiment towards crypto assets.
Price Range and Potential Risk
Price Range
The wide price range between 6,318.52 Rupiah and 731.30 Rupiah indicates large fluctuations within a 30 day period.
Shows that the Hamster Kombat market is in a very volatile condition and also presents a big risk for long-term investors who want stability in value.
Potential Risks
With a volatility of 51.38%, the Hamster Kombat market shows a high level of uncertainty.
This volatility shows that the market is vulnerable to unpredictable price movements, whether caused by technical factors, market sentiment or external events.
Investors and traders need to consider this level of risk before making investment decisions.
Final Note
Hamster Kombat's performance over the last 30 days reflects a highly volatile market with significant price changes.
The highest price spike that occurred at the end of August was followed by a sharp downward trend in mid-September.
While some periods show price recovery, the overall trend still shows a substantial decline.
The high level of volatility means that this asset is very suitable for short-term speculation, but carries a high risk for those seeking stability.
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Disclaimer: The views expressed belong exclusively to the author and do not reflect the views of this platform. This platform and its affiliates disclaim any responsibility for the accuracy or suitability of the information provided. It is for informational purposes only and not intended as financial or investment advice.
