Hamster fever is here. 

After Hamsters.gg—a website that lets users bet crypto on livestreamed hamster races—took off on Thursday, the platform’s own token has now skyrocketed in price.

The price of the Ethereum-based token, HAMS, jumped 783% in a 24-hour span on the Uniswap V2 decentralized exchange, per data from Dexscreener, rising from about $0.29 on Thursday to a peak of $2.56 Friday afternoon.

The price of HAMS is quickly losing pace, however, currently sitting at $1.73 on Uniswap V2. CoinGecko, a cryptocurrency price tracker, shows the current market price at $1.82 with a brief peak of $2.40 earlier this afternoon.

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Author: Sander Lutz

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