Crypto exchange Binance has expanded trading support for the Telegram-based play-to-earn game Hamster Kombat, generating excitement across the crypto market. The leading exchange announced it would add the HMSTR token to several of its products including Earn, Buy Crypto, Convert, and Margin trading. Meanwhile, HMSTR also launched for trading on other global crypto exchanges today. Market participants are speculating whether Binance’s increased support could drive price gains for the Telegram-based token in the near future.

Binance Boosts Offerings for Hamster Kombat (HMSTR)

According to Binance’s September 26 announcement, Hamster Kombat is set to be integrated into multiple areas of the exchange’s platform today. Specifically, HMSTR will be added to Simple Earn, Buy Crypto, Convert, Margin, and Auto-Invest features.

The announcement states that HMSTR Simple Earn flexible products will be listed at 12:00 UTC. Users will also be able to purchase the token via credit/debit cards and mobile payment options on the Buy Crypto page. Additionally, zero-fee trading of HMSTR against BTC, USDT and other tokens will be available on Convert within an hour of the spot listing. Margin trading for HMSTR is scheduled to begin at 13:00 UTC.

Overall, this expanded support from Binance has generated optimism around the Telegram-based P2E project. Similar past listings have often had a bullish impact on token prices. For example, the Telegram-based token Catizen (CATI) saw its price surge over 30% when it debuted on major exchanges.

HMSTR Price Action

At press time, HMSTR has dipped nearly 13% post-listing and is trading at $0.008454. The token hit a high of $0.01004 and a low of $0.008834 so far today. Crypto enthusiasts are closely watching HMSTR’s price action following the Binance listing, anticipating potential gains ahead.

It’s also worth noting that Binance recently saw $14 billion locked in its Launchpool during the HMSTR token airdrop. This highlights the growing popularity of the Telegram game and hints at an optimistic outlook for the asset.

Disclaimer: The content presented may include the author’s personal opinion and is subject to market conditions. Conduct your own market research before investing in cryptocurrencies. The author or the publication bears no responsibility for your personal financial loss.