SAD HAMSTER

Halal Rating :
Comfortable
Last Price $0.0048 Last updated:
Rank 1518
1D Change -2.74 %
Market Cap $4.5m
Circulating supply 941,901,250
Maximum supply 1,000,000,000

Crypto Overview

Project Overview

SAD HAMSTER (HAMMY) is a meme cryptocurrency launched on the BNB Smart Chain. The project presents itself as a community-driven token that aims to capitalize on the popularity of meme coins while incorporating hamster-themed content and branding.

Purpose and Utility

The primary stated purpose of HAMMY is to serve as a meme token within the cryptocurrency ecosystem. The token does not claim any complex utility beyond being a tradeable digital asset and fostering a community around hamster-themed content.

Business Model and Operations

The token operates on a simple model of being freely tradeable on decentralized exchanges. It employs a standard tokenomics model with transaction fees that are distributed among holders and the liquidity pool.

Real-World Adoption

The token has achieved some adoption within the meme coin community, primarily being traded on decentralized exchanges like PancakeSwap. Trading volume and holder counts indicate active participation in the ecosystem.

Development Activity

The project maintains basic token functionality without complex development requirements. The team maintains social media presence and community engagement rather than technical development.

Token Distribution

Analysis of wallet holdings shows a relatively distributed token allocation, with no single wallet holding an overwhelming majority of the supply. The team's holdings and vesting schedules appear transparent and reasonable.

Crypto Impact

To assign a comfort level investing in SAD HAMSTER from a halal perspective we need to determine whether it has a net positive or negative impact.

Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to SAD HAMSTER.

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