The much-anticipated airdrop from crypto-mining software Hamster Kombat, which had been trending for months, has left hundreds of Nigerians outraged.
After five months of continual tapping to collect incentives, consumers expected big payouts from the coin’s advocates, with some fantasizing of becoming billionaires.
However, when the coin officially released on Thursday, the truth hit hard: instead of the tremendous cash benefits that users had been encouraged to believe, most payouts thus far have ranged from $1 to $4.
Unconfirmed reports about the biggest earner so far have ranged from $7 to $17.
Disgruntled users on social media have reported receiving as little as ₦2.75 for their efforts.
The campaign, which promised to transform ordinary Nigerians into billionaires and CEOs, has instead resulted in widespread disappointment and outrage.
Nigerians have expressed their displeasure on multiple channels, blaming Hamster Coin of misleading them.
The once-hopeful tappers’ group is now filled with “tears and wailings,” as what was intended to be a life-changing chance has turned out to be a devastating disappointment.
Hamster Kombat came to existence in March 2024.
On Thursday afternoon, the official X account, #hamster_kombat, revealed the coin’s long-awaited release.
It said, “THE MOMENT IS HERE.”
“$HMSTR trading has officially started! Congratulations and to the moon, CEOs.
“On-chain is turned on. On-chain direct claim and balance withdrawal alternatives are available. “You can now transfer your tokens anywhere!”
The post was shared less than two hours ago and has already received approximately one million views and over thirteen thousand comments.
Another post about an hour later read, “TAKE YOUR POSITION! @binance has just begun futures trading for $HMSTR!
“Trading with up to 75x leverage is possible. Trade wisely and adhere to your own risk policy! “Where will the price go now?”
According to CoinMarketCap, the cryptocurrency asset was listed as HMSTR on number 114 at $0.008315 at around 15.36pm on Thursday.
The market capitalization is $535.3 million, with $448.7 million in volume since introduction (in 24 hours).
