Hamster Kombat (HMSTR) has indeed been experiencing a series of price fluctuations recently, which has divided the market. The arrest of Gotbit CEO Alexey Andryunin, who played a major role in providing market making services for $HMSTR , has dealt a blow to market confidence. The ongoing investigation involving cryptocurrency fraud and manipulation, especially companies related to HMSTR, has further shaken investor confidence. Following the news, HMSTR's price fell by 12%, which attracted widespread attention from the community.
Nevertheless, the HMSTR project still has a loyal and active community, and some investors see this price drop as an opportunity to buy. If the community continues to support it, the token may stabilize in the short term. However, HMSTR's future recovery will depend on the progress of the investigation and whether it can avoid legal problems.
From a technical analysis perspective, HMSTR needs to hold key support levels to avoid further declines. At present, the market is generally cautious because the ongoing fraud investigation may have a significant impact on the future development of the token. Therefore, we encourage investors to stay informed and exercise caution until the situation becomes clearer.