Are we about to see the tip of Telegram’s widely popular crypto-based clicker game, Hamster Kombat? Once a well-loved and viral game on Telegram, Hamster Kombat is currently bleeding users with its token, HMSTR, sliding by as much as 76%.
In keeping with several blockchain tracking sites, the Telegram-based game is affected by a large drop in user engagement, with lively accounts dropping from as high as 300 million in August 2024 to simply 41 million. The project’s token, $HMSTR, is currently trading at $0.0025, a large drop from its high of $0.009993 last September twenty sixth, reflecting a 76% loss.
An enormous 86% drop within the user base and a 76% drop within the native token’s value puts Hamster Kombat in a precarious position moving forward. With the developers planning a “Season 2 Airdrop” by March 2025, many market analysts and observers are losing confidence within the project.
.@hamster_kombat loses nearly 260 million players in only three months
Hamster Kombat, the tap-to-earn Telegram game that boasted a large 300-million-strong user base back in August, has reportedly shed 259 million players.
The sport’s lively monthly player count currently… pic.twitter.com/vVfwhbI4E6
— ICO Drops (@ICODrops) November 4, 2024
Hamster Kombat – A Promising Game That Peaked With 300 Million Users
Hamster Kombat was a right away stumble on its launch. In keeping with its developers, they aim to alter blockchain gaming and make it accessible for everybody. The favored game’s premise is straightforward: it’s a straightforward clicker-based game, and there’s no must buy and spend money on gaming consoles or advanced computers.
So, it isn’t surprising that the play-to-earn game immediately attracted the eye of greater than 300 million players, even before the launch of its HTMSR token through The Open Network (TON) in September 2024.
Pavel Durov, Telegram’s CEO, also admired the project, saying that it’s the fastest-growing digital service online and may change how we interact with the blockchain.
Hamster Kombat’s Easy Gameplay Became Its Downfall
Hamster Kombat’s recent model of tapping to play and earn initially eclipsed the recognition of Bitcoin mining, which was highly technical and required complex and expensive resources. Nevertheless, the project didn’t sustain the users’ enthusiasm and interest, with many finding the gameplay shallow and repetitive.
Bitcoin market cap currently at $1.43 trillion. Chart: TradingView.com
Other than its boring gameplay, others criticize the sport’s use of AI-generated visuals. Although they give the impression of being quirky and fun initially, they turn out to be cheap-looking in comparison with other games. With the sport’s low-cost AI tricks and uninspired design, many observers saw the Hamster project as a money grab.
HMSTR price down within the last 30 days. Source: CoinMarketCap
Disappointing Hamster Kombat Crypto Airdrop
The project’s planned late September airdrop, which was presupposed to lift the community, was considered a dud. The airdrop, with roughly 129 million eligible players, left many upset attributable to the delay and their small amount of rewards.
In keeping with reports, some players who spent hours clicking and playing the sport earned $1 to $10, only a fraction of the expected rewards. The airdrop deals and technical issues add to the users’ frustrations.
The airdrop was delayed, testing the patience of holders, and lots of aired their frustrations online. Then, there was the rollout of the anti-cheat system, which ended up restricting as much as 2.3 million player accounts and confiscating greater than 6 billion in tokens.
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