The Hamster token is a decentralized platform that provides an avenue for its users to earn passive income. The token was attached as a part of the broad cryptocurrency ecosystem to be applied in different parts of the industry including the security of online transactions, while also integrating the use of an online ledger system that specifically serves to be used in the blockchain ecosystem.
As a decentralized system, the Hamster token does not follow any regulation by a single authority or government, thus ensuring that all transactions being executed on the network are overseen by its participants. The platform focuses on communication, trust, transparency, and community, and these three primary principles have their professional success come from. While ensuring that its users enjoy those characteristics, the coin also has the strong support of the major enthusiasts in the crypto community including Elon Musk as he has repeatedly tweeted about it and supports it. These factors helped the token gain traction in the market and grow relatively faster than expected.
Who are the Founders of Hamster (HAM)?
The Hamster token was launched a while back, following the evolution of meme tokens in the world of cryptocurrency. Unlike the majority of the other meme tokens available, the Hamster coin isn’t completely a meme coin. Instead, the token only has a portion of its existence tied to the meme community.
There are no details on the founders of the Hamster token online, as such, it falls under the category of anonymity, similar to the first generation of cryptocurrency, Bitcoin, whose founders are also unknown. However, judging from the success of the token and its existence, it appears to be overseen by a group of competent individuals.
What is Hamster (HAM) used for?
The Hamster token serves the same purposes as the regular cryptocurrencies available, however, the Hamster does not have its use tied to one specific purpose. Unlike other tokens which were created to suit one problem, the Hamster token serves the innate cryptocurrency purpose of being an investment engine where users can grow their money on a long-term scale. Additionally, the token also stands as the dedicated cryptocurrency of the platform and is used for the execution of transactions and also for rewards within the ecosystem.
Similar to the others, being an investment avenue implies that the token holds some amount of value and can be used for the execution of regular cryptocurrency transactions. As such, its token can be exchanged with other cryptocurrency pairs like AAVE where users can make a profit from the transactions.
What Is the Unique Point of Hamster (HAM)?
Due to it being somewhat of a meme token, the Hamster token does not have a lot of distinctive qualities, however, it does have some factors that make it stand out in the ranks of other tokens in the cryptocurrency world.
The Hamster coin can be distinguished from other systems because of its advantages, one of which is that it ensures that transactions are transparent being executed on the platform safe. Additionally, the platform is considered one of the best options for individuals looking to partake in long-term growth by investing in crypto. The platform has also been effectively helpful in uniting the community as a front together. With Blockchain technology being the backbone to design crypto coins and tokens, Hamster coin is also built into blockchain technology.
How many Hamster (HAM) coins are in circulation?
The Hamster coin system is essentially a yield farming protocol, just like the variety available on the Binance smart chain. However, the Hamster token operates like a pyramid scheme where the earliest parties are entitled to the larger percentage of the token supply.
According to its tokenomics, the Hamster coin has a total supply of 10,000,000,000,000,000 HAM coins. While this is a significantly large amount of coins to put out, the system has its circulating supply pegged at 2,384,230,000,000,000 HAM, implying that a significant amount of its tokens have also been distributed in the cryptocurrency community.
Is the Hamster (HAM) Network secured?
The Hamster coin was designed under the Binance smart chain after the growth of the meme coin system. It was created to develop a world where all the community members can experience financial freedom on a grand scale.
Due to being under the Binance smart chain, the platform is provided with the same security protocol as the Binance ecosystem. As such, the platform is protected by a delegated group of individuals who are focused on ensuring the improbability of the platform by making sure the transactions being executed on its network are extensively scrutinized and each transaction is vetted by a large number of network users before it’s added to the blockchain.
How do I buy Hamster (HAM)?
With the goal of most of the cryptocurrency-based developments on the world being an evolution In the financial sector, the Hamster platform is also geared towards the improvement of finances for its users through crypto while also equipping them with tools to navigate other crypto projects with the same or at least similar goals. With the amount its circulating supply currently stands at, the Hamster token has become greatly popular and more accessible. It’s as easy as following the steps below.
- Create an account with the crypto trading platform.
- Transfer a specific amount of fiat money to the trading account
- Purchase your HAM tokens.
Which Cryptocurrency Wallet Supports Hamster (HAM)?
The PTPWallet platform supports many cryptocurrencies simultaneously such as Hamster (HAM). Because of its vast use case, it has grown to become one of the most used platforms as it serves as an exchange and an engine to discover other cryptocurrencies. Additionally, users can easily use PTPWallet as their HAM wallet because it offers a simple and interactive interface making it easy for people to navigate its system.