Outside Source
Key Takeaways
- Hamster Kombat lost 259 million users, dropping its player base by 86% by November 5.
- HMSTR token price decreased 66% since its peak, despite a rise in total addresses.
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Hamster Kombat, a tap-to-earn game on Telegram, has lost 259 million users since August, with its active monthly player base dropping 86% to 41 million as of November 5.
The game’s decline coincides with the emergence of Paws, a new Telegram Mini App that attracted 20.5 million users in its first eight days.
Paws reported 10 million connected wallets and one million followers on X as of November 5.
The HMSTR token price has declined 66% from its all-time high of $0.007 on September 26 to $0.0024 as of November 5, according to CoinGecko data.
Despite the downturn, total addresses holding HMSTR reached a 30-day high of 3.5 million holders on November 5, according to IntoTheBlock data.
The game has faced political challenges, including criticism from Iranian government officials and unconfirmed reports of bans in Uzbekistan.
Even with the recent drop in users, the Hamster Kombat team has outlined plans to integrate payment systems, launch new games, and introduce NFTs as in-game assets.
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This article first appeared at Crypto Briefing
