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Here's the top trending stories in crypto in the past 48 hours

Hamster Kombat's token plunged by over 30% following its much-anticipated airdrop and token listing. Hamster Kombat (HMSTR) crashed to $0.0088, bringing its total valuation to over $574 million, making it the 110th largest cryptocurrency.

Cryptocurrency Market Overview: The global market is holding its positivity, with the total market cap up by 0.12%, now standing at $2.24 trillion. Market sentiment remains balanced as the Fear & Greed Index stays neutral at 53. Despite some turbulence, the trading volume saw a notable intraday increase of 7.56%, reaching $73.99 billion.

This week, the crypto sector has been brimming with intriguing developments, from internal conflicts impacting airdrops to rumors of regulatory changes in China. However, Tron meme coins were the talk of the town, dominating the headlines.

In this article, we look at the latest developments within the crypto market of the Avalanche and Hamster Kombat projects.

The performance of popular Telegram tap-to-earn tokens like Avacoin, Pixelverse, and Notcoin is sending a warning to Hamster Kombat.