How to Buy Hamster Kombat (HMSTR) Token in INR: Market Surge, Trading Steps, and Key Insights for Indian Crypto Traders
Hamster Kombat (HMSTR), initially a popular tap-to-earn game on Telegram, has experienced a significant price rally—gaining 17% in the past week—even amid a broader market downturn. This surge is attributed to new daily Morse code challenges that reward users with up to 1 million HMSTR tokens, driving increased engagement and popularity. The rollout of the gaming-focused Hamster Network Layer-2 blockchain on the TON ecosystem brings lower transaction fees and enhanced scalability for decentralized applications, further strengthening the HMSTR ecosystem. Indian retail investors can now buy HMSTR tokens with Indian Rupees (INR) using regulated crypto exchanges like Mudrex, CoinSwitch, and Bitget, which support INR deposits via UPI or IMPS and require KYC verification. Mudrex, for instance, allows direct INR purchases without converting to USDT. For those preferring decentralized trading, P2P platforms like Binance also support HMSTR acquisition, though they require heightened caution due to counterparty risk. Currently trading at around ₹0.2198 (or $0.002235), HMSTR shows signs of entering overbought territory, with a market cap of $143.96 million, signaling potential resistance and price corrections ahead. The increase in INR support is expected to drive higher participation from Indian traders. Crypto traders should monitor HMSTR’s strong momentum, possible retracement zones, and evolving market accessibility, as these factors will influence price trends and trading strategies.
Bullish
The news surrounding Hamster Kombat (HMSTR) is bullish in the short term. The token’s recent 17% price surge, driven by innovative user engagement mechanisms (such as daily Morse code challenges) and the launch of the Hamster Network, has generated strong momentum. Enhanced market accessibility—especially for Indian traders through INR support and streamlined KYC—broadens the investor base and trading volume. However, technical indicators suggest that HMSTR is approaching overbought territory, raising the potential for near-term price corrections. Despite this, the unique appeal, ecosystem expansion, and rising participation, particularly from an untapped market like India, collectively bolster long-term bullish sentiment and could drive further price gains after any corrections.