HMSTR Token Listing Soon, Hamster Kombat Season 1 will End on 20 September

Hamster Kombat announced that its first season ends soon. Read this article to understand about HMSTR token launch time and learn how to get free Hamster Kombat airdrop.

Through its official account on X, Hamster Kombat announced that it would soon end its first season. Season 1 of Hamster Kombat will end on September 20 ahead of the token launch and airdrop next week.

Read this article till the end to understand in detail about the HMSTR token launch and learn how to get free Hamster Kombat airdrop.

Season 1 of Hamster Kombat Ends Soon

In a X account post shared on Tuesday, the Hamster Kombat team said that they will take a "snapshot" of players' earnings and in-game status at 6pm UTC on September 20 along with the end of season 1 of Hamster Kombat.

However, as previously confirmed, a second season of in-game rewards is planned for after the airdrop.

Hamster Kombat will launch its HMSTR token on The Open Network (TON) on September 26 and offer airdrop claims to players.

The game has previously claimed to have more than 300 million total players to date, with Telegram app data showing 94 million active players over the last month. This makes it the most played Telegram game so far.

Will TON Network be Down Again?

Although the launch of the Hamster Kombat token is highly anticipated by crypto gamers, this is also considered to have the potential to cause problems for TON itself.

TON experienced two periods of downtime in late August due to claims of other tokens for smaller projects, raising concerns that the magnitude of Hamster Kombat's drop could bring down the network again.

In fact, developer TON Core admitted last week in a Telegram post that the launch of HMSTR as well as the CATI Catizen token launched on September 20 may cause "more technical stress and perhaps some unforeseen issues" amidst a very interesting token drop attention.

Get the Hamster Kombat Airdrop

Hamster Kombat token registration will be accompanied by an event airdrop HMSTR. Not only is this done by Hamster Kombat, various crypto exchanges will released HMSTR tokens also celebrated the release by holding an airdrop event, including Bitrue.

At the moment Bitrue is holding a Hamster Kombat airdrop event. The event period was held from 13 to 27 September, the day after the release of Hamster Kombat on the Bitrue market.

Event airdrop Hamster Kombat Bitrue has prizes of up to 10,000,000 HMSTR tokens specifically for Bitrue users. So, make sure you register on the Bitrue page listed so that you are eligible to take part in this airdrop event.

About Bitrue

Bitrue is a leading cryptocurrency exchange, offering a wide range of digital assets, innovative features, and user-focused services. Founded with the mission to empower the world’s crypto enthusiasts, Bitrue continues to expand its platform with new products, events, and opportunities for users worldwide.

This press release has also been published on VRITIMES

Karaoke Manekineko to Host Anime Song Singing Competition – First Qualifier on September 21st, 2024

 

 Anime lovers and singers, mark your calendars! The much-anticipated Anime Song Competition 2024 is kicking off its qualifying rounds on September 21, 2024, at the Karaoke Manekineko Avenue K outlet, from 12:00 PM to 5:00 PM.

Anime music enthusiasts and karaoke fans are in for a treat as the Anime Song Competition 2024 is officially open for registration. Organized by Karaoke Manekineko and supported by Pepsi, the competition is set to showcase the best anime song performances across several rounds, culminating in a grand finale.

The competition kicks off with the Adult Qualifying Round on:

- 21st September 2024 (Saturday) at Karaoke Manekineko Avenue K, 12PM–5PM.

Other qualifying rounds will take place on:

- 20th October 2024 (Sunday) at Karaoke Manekineko Berjaya Times Square, 12PM–5PM.

- 16th November 2024 (Saturday) at Karaoke Manekineko Bukit Bintang, 12PM–5PM.

The Adult Final will take place on:

- 14th December 2024 (Saturday) at Karaoke Manekineko Berjaya Times Square, 12PM–5PM.

Participants stand a chance to win:

- 1st Prize: RM3000

- 2nd Prize: RM2000

- 3rd Prize: RM1000

- Consolation Prize: RM200

Registration is now open and will close by 6th October 2024. Participants are encouraged to sign up early to secure their spot in this exhilarating competition.

How to Register:

1. Scan the QR code above or click here to access the registration form.

2. Record a 30-second performance of your chosen anime song.

3. Send the video file directly to our mailbox at marketing.karaokemanekineko@gmail.com. Ensure the file size does not exceed 25MB.

4. Include your name when submitting the video.

5. Fill out the registration form with all required information. If you are selected for the qualifying round, we will contact you with further details.

Competition Rules & Regulation

1. Categories: 

Participants aged 13 years and above.

2. Eligibility:

- Open to all Malaysians and foreigners with a valid passport.

3. Performance Requirements:

- Each participant must present a 30-second segment of their chosen anime song and email it to: marketing.karaokemanekineko@gmail.com.

4. Rights and Permissions:

- Karaoke Manekineko reserves all rights related to the competition, including but not limited to the use of recordings, photographs, and videos of participants.

- By participating, candidates agree to be recorded during both the qualifying rounds and the final competition.

- Karaoke Manekineko reserves the right to change, modify, or amend these rules and regulations at any time without prior notice.

5. Song Selection:

- Participants must choose and perform a song related to anime.

Don’t miss this opportunity to belt out your favorite anime tunes and stand a chance to win exciting prizes! Join fellow anime fans and singers for an unforgettable day of music, fun, and friendly competition.

For more information and updates, visit our website or contact us at marketing.karaokemanekineko@gmail.com

About Koshidaka International KL Sdn Bhd

Koshidaka International was incorporated in 2021 at Kuala Lumpur, Malaysia as a full subsidiary of Koshidaka Holdings. The company serves as a management consultancy arm for the Karaoke Manekineko operations in Malaysia, Thailand, and Indonesia. Karaoke Manekineko is a friendly and safe environment for Karaoke that is designed to accommodate a diverse range of customers, from families with young children to groups of friends and corporate teams.

 

This Press Release has also been published on VRITIMES

Grayscale XRP Trust: An Important Step for XRP

  

Grayscale Investments introduces Grayscale XRP Trust. How does it affect the price of XRP? How does it benefit users? Check out the explanation below.

Grayscale Investments, a company known for its cryptocurrency-based products, has introduced the Grayscale XRP Trust. This product allows accredited investors to invest directly in XRP.

The XRP community, including Ripple CEO Brad Garlinghouse, has welcomed this move.

So, how does the Grayscale XRP Trust benefit users and impact the future of XRP in the crypto ecosystem? Understand in detail by reading this article to the end.

What is the Grayscale XRP Trust?

The Grayscale XRP Trust is an investment vehicle that allows investors, primarily institutional and accredited investors, to participate in the growth of XRP.

Think of it like a special container containing XRP. By purchasing shares in this trust, investors indirectly own a share of the XRP that is in the trust.

The launch of the XRP Trust by Grayscale is considered a significant step for the development of XRP. This shows increased investor confidence in this token and its future growth potential.

Garlinghouse also emphasized that XRP has the potential to attract interest from institutional and retail investors.

Why is the Grayscale XRP Trust Important?

There are several reasons why this project is very important, especially for users, one of which is because it makes it easier to access XRP. See the explanation below for more details.

1. Easy Access to XRP

Not all investors have the technical knowledge or infrastructure required to purchase and store XRP directly.

The Grayscale XRP Trust simplifies this process. Investors only need to purchase trust shares, and Grayscale will manage their XRP holdings.

2. Legitimacy and Trust

Grayscale is a well-known asset management company with a good reputation. By launching the XRP Trust, Grayscale provides additional legitimacy to XRP and attracts greater interest from institutional investors.

3. Growth Potential

XRP has great potential as an efficient cross-border payment tool. If XRP manages to reach this potential, the value of the XRP Trust could also potentially increase.

4. Portfolio Diversification

Investors can use the XRP Trust to diversify their investment portfolio. XRP offers a unique asset class with different profit potential than traditional assets.

Grayscale Plans to Turn XRP Trust Into an ETF

Grayscale has ambitions to turn the XRP Trust into a spot exchange-traded fund (ETF) in the future.

This is in line with steps that have been taken previously with their Bitcoin and Ethereum Trust products.

Impact of XRP Trust Launch on XRP Price

The launch of the Grayscale XRP Trust had little impact on XRP price. When this article was written, XRP had increased by +2.97% bringing the price to $0.5856. This increase is not a rare phenomenon due to the launch of a new project.

However, the existence of this project from Grayscale proves that XRP is indeed a strong digital asset that has received investment from large companies. So, don't be surprised if buy XRP is something that should be taken into account for long-term investment.

Ripple CEO Optimistic about XRP's Future

Brad Garlinghouse, CEO of Ripple, expressed optimism about the future of XRP. According to him, the approval of XRP in the United States will be a key factor in its global expansion.

Garlinghouse believes that with a clear roadmap, XRP will be able to attract the interest of investors from all over the world.

Apart from that, the benefits of the Grayscale XRP Trust are:

1. Increased Liquidity: As more investors become interested in XRP through these trusts, XRP market liquidity will increase.2. Wider Adoption: The XRP Trust can accelerate the adoption of XRP among institutions and large investors.3. XRP Position Strengthening: XRP will be increasingly recognized as a serious digital asset with huge growth potential.4. Innovation Driver: The interest of institutional investors will encourage further development of the XRP ecosystem.

Challenges and Hope

Although Grayscale has plans to convert its XRP Trust into an ETF, this is still subject to approval from the SEC.

However, the XRP community remains optimistic that with a favorable court ruling for Ripple, the chances of getting this approval are greater.

Conclusion

That's the explanation about Grayscale XRP Trust. Grayscale's latest project with XRP is an important step in the development of XRP. With this trust, investors can invest directly in XRP.

Additionally, Grayscale's plans to convert the trust into an ETF indicate greater growth potential in the future. Even though there are still challenges that need to be faced, optimism towards XRP continues to increase along with positive developments that occur.

You can access XRP as a crypto asset on the Bitrue website and learn how to buy XRP. There are various XRP pairs that you can check, such as XRP to USDT, BTC, ETH, to USDC. You can also do a price converter XRP to USD easily on Bitrue. That way, you don't need to bother switching websites just to check how digital assets are priced in USD.

About Bitrue

Bitrue is a leading cryptocurrency exchange, offering a wide range of digital assets, innovative features, and user-focused services. Founded with the mission to empower the world’s crypto enthusiasts, Bitrue continues to expand its platform with new products, events, and opportunities for users worldwide.

This press release has also been published on VRITIMES

Bitcoin Drops to $53,000 Due to ETF Sell Pressure Heading Into the Weekend

On-chain analyst Ali Martinez has recently issued an important warning regarding the current Bitcoin market conditions. Based on a two-month chart analysis, the TD Sequential indicator, commonly used to identify potential turning points in market trends, shows concerning sell signals. This signal suggests a possible reversal from the bullish trend that has recently strengthened. This warning comes amidst ongoing uncertainty in the crypto market, where sharp price fluctuations have become commonplace.

Martinez explains that the $51,000 support level is critical for investors to watch.  If Bitcoin falls below this level, there is a significant risk that the price could continue to decline, potentially reaching $40,600. Such a decline could result in substantial losses for investors who have not taken preemptive measures. This prediction underscores the importance of the $51,000 support level in maintaining Bitcoin’s price stability and highlights that the crypto market remains highly volatile and susceptible to drastic changes. Martinez advises investors to remain vigilant and consider the risks associated with the current market uncertainty.

A drop below this support level could have a significant impact on Bitcoin (BTC) and potentially affect the broader crypto market. If BTC fails to maintain this critical support level, increased selling pressure could lead to further declines, not only impacting Bitcoin’s price but also potentially causing a domino effect on other crypto assets. This impact could create instability across the market, reduce investor confidence, and trigger panic selling.

Currently, Bitcoin is trading at $54,630, reflecting a 3.54% decrease over the last 24 hours, according to CoinMarketCap data. This price drop reflects market concerns about Bitcoin’s ability to hold its key support level. The high volatility and negative sentiment surrounding this price drop emphasize the need for caution among investors. Given the potential widespread impact of this decline, it is crucial for market participants to closely monitor price movements and market sentiment in the coming days.

CryptoPotato reports that over the last five trading days, the crypto market experienced a massive outflow of $277.2 million. This situation has further exacerbated the market's existing pressures. The outflow reflects investor concerns and uncertainties, leading them to withdraw their funds from the crypto market. Despite various influencing factors, the sheer volume of this outflow indicates a significant lack of confidence in the current market stability.

Interestingly, this event occurred despite September 2 being a national holiday in the United States. National holidays are generally expected to provide some respite from market pressures, but this time, the situation was different. The large outflow still occurred, signaling that investor uncertainty and concerns are not limited by regular trading days. This highlights the fragility of current market sentiment and how global factors can influence investment decisions even during trading activity breaks.

Overall, this report underscores the importance of understanding market dynamics and factors that can influence short-term price movements. Market participants need to stay alert and be prepared for potential volatility resulting from these massive outflows. It also serves as a reminder for investors to continuously monitor the latest developments and make investment decisions based on thorough analysis.

During this period, investors made substantial withdrawals in several days. On Tuesday, they withdrew $287.8 million, followed by $37.2 million on Wednesday. Withdrawals continued with $211.1 million on Thursday and reached $170 million on Friday. Among the entities affected, FBTC Fidelity recorded the largest losses, adding to the market’s existing burden.

The total outflow during this period reached a significant $706.1 million, extending the negative streak to eight consecutive days. This is the longest recorded period of decline, indicating deep concerns among investors and impacting the overall market stability. The continuous withdrawal trend reflects widespread uncertainty and the potential long-term impact on the dynamics of the crypto market.

For novice traders looking to start investing in Bitcoin, now might be an opportune time. You can track Bitcoin prices through the Nanovest app, which offers a comprehensive selection of crypto assets. Nanovest provides up to 600 crypto asset options and allows investors to start with a small capital of just 5,000 rupiah.

If you're interested in crypto asset investment, Nanovest could be a suitable choice as it offers over 2,000 U.S. stocks and more than 600 crypto assets. Take advantage of the current market movement by investing through Nanovest! For those interested in using Nanovest, the app is available on both the Play Store and the App Store.

Tentang NANOVEST

Nanovest (PT Tumbuh Bersama Nano) is a platform-application-based, which makes it easier for customers or users to access digital asset transactions, including United States stocks, crypto assets, and digital gold. We aim to revolutionize the way young people invest to achieve their financial freedom. Nanovest officially registered with the Commodity Futures Trading Supervisory Agency (BAPPEBTI).

This press release has also been published on VRITIMES