TON Price Will Fall when is the Hamster Kombat Airdrop Listing?

2024-09-03

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BittimeTelegram game fans are preparing to welcome the long-awaited moment, namely the Hamster Kombat token airdrop. 

However, behind the overflowing enthusiasm, there is an interesting question, can the TON blockchain handle the surge in transactions that is predicted to flood the network? Will the price of TON also collapse? Check out the analysis in this article.

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Hamster Kombat Listing News

Ten days ago, good news greeted Telegram game players. The developers behind Hamster Kombat announced that the long-awaited token airdrop will take place on September 26. 

However, this euphoria was soon overshadowed by concern when TON, the blockchain that would facilitate the airdrop, experienced serious problems some time ago.

Read also: There Were Challenges and Delays, Hamster Kombat Released Tokens

Incident at TON Network

Not long after the announcement, TON experienced problems. This caused the network to stop processing transactions for several hours. 

This incident sparked speculation and doubt among the crypto community: will TON be able to handle the Hamster Kombat airdrop which is expected to involve millions of users?

The impact of this incident was quite significant. Toncoin, TON's native token, experienced a sharp drop of 21% in seven days. However, when viewed from a broader perspective, Toncoin still recorded an impressive increase of 203% in the last 12 months.

DOGS and Surge in Demand Impact Blockchain TON

Facing emerging criticism, TON developers spoke out. They attributed the network disruption that occurred a few days ago to increased demand for DOGS, a meme coin launched via airdrop on August 28. 

The DOGS phenomenon itself is quite surprising; Within hours of its launch, DOGS managed to break into the top 100 cryptocurrencies by market capitalization, even though TON experienced network problems. Currently, its position has fallen to 117th place with a market capitalization of IDR 8.4 trillion.

However, DOGS and Hamster Kombat will not be the only projects running on TON in 2024. This year, the TON blockchain has attracted significant interest from developers who have launched various crypto games and tokens. One of the games that stands out at TON is Notcoin. 

According to the developer, the game has played a huge role in increasing traffic to the network, with claims that TON has averaged 1.2 million daily users since its launch.

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Hamster Kombat Becomes TON's Biggest Test?

The big question now haunting many crypto users is: Will the Hamster Kombat airdrop cause another disruption in TON? Considering TON failed the "DOGS test", many doubted his ability to handle the Hamster Kombat airdrop which was predicted to be much larger.

Hamster Kombat, a tap-to-earn game, has a much larger user base than DOGS. The developer recently claimed in a post on X (formerly Twitter) that around 80 million players interact with Hamster Kombat on Telegram every month. 

If all these players receive their HMSTR tokens on September 26 and decide to claim them on the same day, experts warn that TON could face more severe service disruptions.

However, this story has another side. Reporting from Decrypt, a senior developer from the TON Foundation revealed that demand for DOGS is not the only factor causing problems on the TON blockchain. 

He explained that performance disruptions were also caused by errors in TON validator configuration and poor validation hardware used by some validators.

Read also: Hamster Kombat Minigame Tutorial September 3: Guide and Tips to Win the Game

TON Foundation Strategic Steps

Facing this challenge, the TON Foundation does not remain silent. They have developed a series of strategic steps to overcome network disruptions that occur:

Improved Validation System

TON Foundation is working to improve the transaction validation system, allowing validators to carry out their activities more smoothly.

Penalty System Improvements

The organization plans to improve TON's decentralized penalty system, simplifying the process of identifying and imposing sanctions on validators who use low-quality hardware.

Teknologi TON Mintless Jetton

This innovation is expected to reduce pressure on the network during Token Generation Events (TGE) when they are launched in the coming days. The TON Foundation claims this technology will allow developers to distribute tokens to millions of users quickly and cheaply.

Collaboration for Success

In the midst of widespread concerns, the Hamster Kombat team did not remain silent. They announced via a post on X that they are working closely with developers from the TON Foundation. 

This is to ensure the success of the HMSTR airdrop. The team even claimed that their airdrop would be the biggest in crypto gaming history.

For comparison, the record for the largest airdrop is currently held by Notcoin, which distributed millions of NOT tokens to 35 million players last May. At that time, Notcoin launched a staking feature to allow players to lock up their tokens in exchange for returns. 

This will prevent them from “dumping” their token holdings altogether. This step successfully minimized network activity on TON, which explains why no outages occurred at that time.

However, Hamster Kombat seems to be taking a different approach. While the number of players who will receive free tokens is huge, the team behind the game doesn't appear to have any plans to restrict users from cashing in their tokens on day one. 

They are confident that by collaborating with TON Foundation developers, they will find a technical solution to facilitate smooth transactions in TON on the day of the token airdrop.

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Conclusion

As September 26 approaches, the eyes of the crypto world are on TON and Hamster Kombat. This airdrop is not just about token distribution; this is a real test of the capabilities and resilience of TON's blockchain infrastructure.

Whatever happens, the Hamster Kombat airdrop will be an important milestone in the evolution of TON and the crypto gaming ecosystem as a whole. 

Will this be a golden moment that proves TON's toughness, or will it reveal weaknesses that need to be corrected? Only time will tell, and we all wait with great anticipation.

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To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also ensure you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. Study Complete Guide How to Buy Crypto on Bittime

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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.

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