In a shocking twist, the much-hyped Hamster Kombat, which had been trending for months, has left thousands of Nigerians outraged.
After five months of relentless tapping to earn rewards, users had high hopes for the substantial payouts promised by the coin’s promoters, with many dreaming of becoming millionaires.
However, when the coin finally launched on Thursday, the reality fell far short of expectations.
Instead of the large financial rewards users had envisioned, payouts ranged between a disappointing 1 to 4 dollars.
Unverified reports claim that the highest earners received only between 7 and 17 dollars, leaving users devastated.
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Social media has erupted in frustration, with many lamenting receiving as little as ₦2.75 for their efforts.
The campaign, which had promised to turn everyday Nigerians into billionaires and CEOs, has instead sparked widespread anger and disappointment.
Nigerians have flooded various platforms with accusations, claiming Hamster Coin misled them.
The once-hopeful community of tappers is now filled with “tears and wailings,” as what was expected to be a life-changing opportunity turned into a bitter letdown.
Hamster Kombat launched in March 2024. On Thursday afternoon, the official X account, #hamster_kombat, announced the coin’s much-anticipated debut.
It read, “THE MOMENT IS HERE
“$HMSTR trading has official begun! Congratulations, and to the moon, CEOs.
“On-chain is on. On-chain direct claim and balance withdrawal options are open. You can now transfer your tokens anywhere!”
The post, shared less than two hours ago, has already amassed nearly one million views and over thirteen thousand comments.
In a follow-up post made about an hour later, it read, “TAKE YOUR POSITION @binance just opened futures trading for $HMSTR!”
“Trading with up to 75x leverage is available. Trade smart and follow your own risk policy! Where will the price go now?”
A check on CoinMarketCap revealed that the crypto asset, listed as HMSTR, ranked at number 114 with a price of $0.008315 as of 3:36 PM on Thursday.
The market cap stood at $535.3 million, with a 24-hour trading volume of $448.7 million since its launch.