659.04K
5.16M
2024-09-13 08:00:00 ~ 2024-09-26 11:30:00
2024-09-27 00:00:00
Total supply100.00B
Resources
Introduction
Hamster Kombat (HMSTR) is an engaging Telegram-based tap-to-earn game where players take on the role of a CEO running a virtual cryptocurrency exchange. The goal of the game is to level up from being a humble "shaved hamster" to the prestigious "grandmaster CEO" of a tier-1 exchange. Players achieve this by tapping on their screens to accumulate in-game currency known as Hamster Coins. HMSTR Total supply: 100,000,000,000 X: https://twitter.com/hamster_kombat Telegram: https://t.me/hamster_kombat
⚡️Hamster News | December 17⚡️ • Bitcoin and Ethereum reach another ATH • SoftBank plans to invest $100 billion in AI development in the US • Drake’s X account was hacked to promote crypto scam • Ripple launches a U.S. dollar-pegged stablecoin • FTX to begin repayments on January 3
Bitcoin miners are taking notes, literally, from MicroStrategy’s aggressive financial strategy. Riot Platforms and MARA Holdings are now following the playbook, issuing convertible notes to buy Bitcoin. Clearly, these guys are no longer satisfied with just validating transactions and earning rewards. Instead, they’re mimicking MicroStrategy (MSTR) CEO Michael Saylor’s tactic of turning corporate resources into a Bitcoin stockpile machine. Wall Street’s obsession with the skyrocketing MSTR—up over 600% this year—is impossible to ignore. Hedge funds are loving the opportunity, deploying arbitrage strategies that take advantage of Bitcoin’s infamous volatility. Miners can’t keep up with MicroStrategy’s pace Despite the hype, Riot and MARA aren’t seeing the same success as MicroStrategy. Since the software company started its Bitcoin-buying spree in 2020, Riot and MARA shares have underperformed. Both remain far below their 2021 highs. The April Bitcoin halving event didn’t help. It slashed the rewards miners earn for adding new blocks to the blockchain, putting a major dent in profits. Throw in increased competition, and miners are now fighting an uphill battle to stay relevant. Riot’s convertible notes have raised eyebrows though. The notes came with a 32.5% conversion premium, lower than MicroStrategy’s November issuance, which had a 55% premium. Riot is also facing pressure from activist investor Starboard Value, which recently took a stake in the company. Starboard is pushing the miner to shift some of its operations toward hyperscalers—large-scale data center users—rather than focusing solely on Bitcoin mining. See also Michael Saylor claims the US should replace gold with Bitcoin Meanwhile, analysts are questioning the long-term viability of using convertible debt to stockpile Bitcoin. Stephen Glagola from JonesTrading has expressed doubts about this strategy, saying, “We would prefer the company to increase BTC held per share organically with its mining operations.” Meanwhile, investment giant BlackRock is cautiously endorsing Bitcoin as part of diversified portfolios. The firm suggests investors allocate up to 2% to Bitcoin but only if they’re prepared to stomach its wild volatility. MicroStrategy on its way to Nasdaq 100, critics weigh in MicroStrategy is now eyeing a spot in the Nasdaq 100 Index, a move that could trigger massive passive inflows into its stock. Exchange-traded funds worth $451 billion track the index, and inclusion would mean huge stock purchases. But not everyone is sold on the idea. Critics argue that MicroStrategy’s reliance on Bitcoin makes it more of a financial entity than a technology company. Michael Lebowitz from RIA Advisors went as far as calling it “essentially a dead company” without its Bitcoin holdings. Despite the criticisms, MicroStrategy has amassed a $98 billion market cap, largely due to its aggressive Bitcoin acquisitions. The company now holds over $40 billion in Bitcoin, but its core software business isn’t doing so hot. It reported a $340 million net loss in Q3 this year. Still, its Bitcoin-focused strategy has kept its stock soaring, even as skeptics question its sustainability. See also What happened to Hamster Kombat? A tale of caution for developers MicroStrategy has branded itself as a “Bitcoin Treasury Company.” This identity could work in its favor for Nasdaq inclusion, as the index excludes financial companies. Its classification as a technology company by the Industry Classification Benchmark might be its saving grace. But Bloomberg Intelligence analyst James Seyffart has warned that a reclassification could be on the horizon, jeopardizing its eligibility. From Zero to Web3 Pro: Your 90-Day Career Launch Plan
Cryptocurrency project Floki is releasing a debit card within the Mastercard payment network. The Floki Card will be available in 31 European countries. Floki introduced a prepaid crypto card that enables users to pay for daily goods and services using digital assets anywhere Visa and Mastercard are accepted. Both virtual and physical versions of the Floki Card will be available. This new financial product will be accessible across most European countries. Users can top up their Floki Card directly from crypto wallets, supporting assets from eight blockchain networks, including BTC, ETH, BNB, TON, SOL, and NOT, as well as meme coins DOGS and FLOKI, the HMSTR token from the popular Hamster Kombat app, and stablecoins like USDC, USDT, EURT, and XAUT. The top-up fee is 2%, while transaction and asset conversion fees are waived. There’s a one-time card issuance fee, and the daily spending limit is set at 5,000 USDT. Floki cautioned that Mastercard or issuing banks may restrict services in certain countries, regions, or for specific merchants at their discretion. Additionally, some merchants and payment service providers (PSP) may choose not to accept prepaid virtual debit cards. The Floki project began as the FLOKI meme coin and since evolved into a broader cryptocurrency ecosystem. Its offerings include platforms for asset tokenization, staking, decentralized finance, NFT issuance and trading, among others. The ecosystem is also preparing to launch a Metaverse play-to-earn (P2E) project. In March 2024, investment giant Franklin Templeton highlighted in a note to investors that, despite lacking utility, meme coins could offer short-term investment advantages.
According to Hamster Kombat's official tweet: Hamster Kombat will launch a DAO, allowing HMSTR token holders to make decisions, vote and determine the future of the ecosystem.
Telegram-based tap-to-earn crypto games are losing users rapidly, even as the broader cryptocurrency market enjoys a bullish phase. Data from Google Trends reveals that search interest in “tap-to-earn” has plummeted by 80% between June and December 2024. This significant decline suggests that players and investors may be shifting their focus to other areas in the thriving crypto market. Decline in Tap-to-Earn Games User Interest and Engagement Leading Telegram-based games such as Hamster Kombat, Notcoin, and Catizen have seen massive drops in users despite a booming crypto market. According to TGStats, Hamster Kombat alone lost over 3 million users in just one month, while Notcoin and Catizen shed 428,000 and 407,000 users, respectively. On-chain activity data paints a similar picture. The Ton blockchain, which powers these games, recorded more than 1 million daily active wallets in September. According to TonStats, this number had fallen below 500,000 by December. TON Blockchain Falling Daily Active Wallets. Source: TONStats A Chainplay survey of 957 players supports these findings. While 17.8% of users quit after their first airdrop, a notable 50.6% reduced their activity, suggesting declining interest after initial rewards. Moreover, developers continue to struggle with user retention, as many players leave after claiming free tokens. Animoca Brands reports that top-performing projects manage to retain only 60% of their peak daily active users, with less successful projects retaining as little as 25%. Why Tap-to-Earn Games Are Losing Players Repetitive gameplay remains a primary issue. Chainplay reported that over 51% of surveyed players cited monotonous tasks as a key reason for quitting. Despite efforts to improve user experience, many tap-to-earn games rely on simple mechanics, causing player fatigue. Additionally, larger player bases dilute airdrop rewards, leaving participants feeling undervalued. More than half of surveyed users expressed dissatisfaction with smaller allocations. Why Players Stop Playing Tap-to-Earn Games. Source: Chainplay Fraud and security concerns also contribute to user attrition. Games like Hamster Kombat have banned millions of accounts for exploiting reward systems. Security risks such as hacking and cheating further discourage participation, with 21.8% of respondents highlighting these issues. Lastly, difficulties in withdrawing rewards have frustrated players, with 35.9% citing cash-out challenges. As retention problems persist, the future of tap-to-earn crypto games will depend on developers addressing these core issues and delivering engaging, secure experiences that appeal to a broader audience.
Every day at 8 a.m. ET, the game releases a special “daily combo,” allowing players to grab 5 million free balls, which are the game’s version of in-game coins. This gives players a chance to build up their resources and get ready for a future token launch on The Open Network (TON) . Captain Tsubasa: Rivals Offers a Fun Spin on Tap-to-Earn Games The game , which is based on the beloved Captain Tsubasa anime and manga series, lets you tap the screen to earn coins and upgrade your team, tactics, and stadium. It’s an easy-to-play game that’s starting to gain a lot of attention. But don’t be fooled—there’s a lot more going on behind the scenes. Players are upgrading their squads to get ready for the upcoming token launch, where they might be able to cash in on their hard work. Captain Tsubasa just announced their partnership with Blum! They are the first official Japanese IP Web3 project in the world (licensed from the Captain Tsubasa Manga IP), with the web2 game revenue exceeding $500M+ and 80M+ manga copies sold. Now it’s time for a web3 twist… https://t.co/A8KCldDQsG pic.twitter.com/agRWGGM4Re — CryptoMaMa♟️ (@1CryptoMama) November 27, 2024 Each day, players can take advantage of the daily combo by collecting three specific cards, which they need to either buy or upgrade in the game. Once they have all the right cards, they earn 5 million balls for free. However, it’s not all smooth sailing. How to Claim Your Daily 5 Million Free Balls in Captain Tsubasa Some days, players might not have enough balls to purchase the cards they need, and some cards are locked until you invite friends to play, which could slow down your progress. But with a reward as big as 5 million balls, it’s worth putting in the effort. Captain Tsubasa is coming to Web3! ⚽ The legendary manga is making its debut with @TsubasaRVonTG and HUGE support from @okx , @animocabrands , @official_kddi & @docomo ! The team behind the game secured it access to Most Valuable Builder (MVB) program of @BinanceLabs ! How?? By… pic.twitter.com/s3c3dgA2lD — GemsScope (@GemsScope) November 27, 2024 Captain Tsubasa: Rivals is mixing things up with this tap-to-earn approach. It’s a fresh spin on the classic Hamster Kombat formula but with an anime twist. Players are getting a head start on the game’s eventual airdrop, which could turn their daily efforts into real rewards. Disclaimer The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted risk tolerance levels of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses you may incur due to any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.
Arthur Hayes is calling for a return to the glory days of initial coin offerings (ICOs). His call comes amid a playing field that is increasingly dominated by venture capital (VC) gatekeepers and centralized exchanges (CEXs). The BitMEX co-founder’s manifesto, “How to Make ICOs Great Again,” critiques the current state of crypto capital formation. He advocates for a decentralized, community-driven approach that prioritizes retail investors and revitalizes the industry’s speculative spirit. The Industry’s Malaise Hayes paints a grim picture of crypto’s growth, where once-vibrant grassroots movements have succumbed to the influence of centralized entities. He likens today’s project founders to patients afflicted with a “CEXually transmitted disease,” where the whims of exchanges and VCs dictate their decisions. Hayes argues that crypto’s founders have forgotten its foundational ethos: decentralization, user empowerment, and wealth creation for retail participants. “Why did we as an industry forget about the third pillar of crypto’s value proposition — making retail rich?” Hayes quipped. He points to the dismal performance of VC-backed tokens in recent years. He argues that these projects often debut with inflated, fully diluted valuations (FDVs) and low circulating supplies. However, they alienate retail investors by prioritizing institutional interests. As BeInCrypto reported, projects like Hamster Kombat turn down VC support for this reason. Nevertheless, Hayes attributes crypto’s meteoric rise to three key factors: Government Capture: Decentralization serves as an antidote to the concentration of power by governments and large corporations. It offers a system free from traditional gatekeepers. Magical Technology: Blockchain technologies like Bitcoin’s resilience and potential have proven their value as revolutionary monetary systems. Greed: The lure of significant financial returns has driven adoption. Retail investors seeking life-changing gains are often overlooked in traditional finance. To illustrate the divide, Hayes contrasts the egalitarian nature of meme coins with the exclusivity of VC-backed projects. Meme coins, he says, rely on “memetic content virality,” allowing retail participants to gamble on speculative assets without gatekeeping. Conversely, VC coins are burdened by inflated valuations. A closed ecosystem of elite institutions and investors with little regard for the retail market perpetuates them. “Retail would rather roll the dice on a $1 million market cap meme coin than a $1 billion FDV project backed by the most ‘esteemed’ cohort of VCs,” Hayes explained. The Case for ICOs Hayes sees ICOs as the antidote to the industry’s malaise. In their purest form, ICOs empower teams from diverse backgrounds to raise funds directly from the community without intermediaries. This model embodies decentralization, enabling innovation while giving retail investors access to early-stage opportunities. Drawing lessons from the 2017 ICO boom, Hayes highlights two intrinsic value drivers: Memetic Value: Projects that resonate with the zeitgeist can attract users and build a strong community. Potential Technology: ICOs fund teams to create groundbreaking technologies addressing global challenges, often before a single line of code is written. While acknowledging that many ICOs failed spectacularly, Hayes argues this speculative nature is a feature, not a bug. It allows retail investors to dream big and aim for transformative gains. Against this backdrop, Hayes outlines a roadmap for revitalizing ICOs and making them great again. Faster Token Issuance: New frameworks and liquid decentralized exchanges (DEXs) allow teams to distribute tokens within days, enabling immediate trading and price discovery. Improved Infrastructure: Advances in blockchain scalability and reduced transaction costs, particularly on chains like Aptos (APT) and Solana (SOL), make ICOs more accessible. Enhanced User Experience: Non-custodial wallets and streamlined platforms lower barriers to entry, ensuring broader participation. CEX Independence: By bypassing centralized platforms, ICOs eliminate gatekeeping, giving power back to the community. Further, Hayes cautions investors to avoid the traps of the current system, urging the crypto community to embrace the speculative, democratized nature of ICOs, which offer a chance for life-changing financial returns without the constraints of traditional finance. “Just say no to VC-backed high FDV, low float projects, and overvalued tokens on CEXs,” he noted. As the crypto market enters a potential new bull cycle, Hayes predicts a resurgence of ICOs driven by an engaged, risk-tolerant community. Platforms like Pump.fun and Spot.dog exemplify the shift towards decentralized, retail-focused capital formation. With these tools, Hayes envisions a future where crypto once again empowers individuals to take audacious bets and reap the rewards of decentralized innovation. “Let’s return to the spirit of crypto’s early days. It’s time to make ICOs great again,” Hayes concluded.
Telegram messenger has significantly boosted global crypto adoption by offering cryptocurrency-integrated Mini Apps and supporting various types of crypto wallets, allowing users to access digital assets directly within the platform. While some industry observers said Telegram could be the key to reaching the first billion crypto users , the messenger is not seen as a competitor or a threat to conventional crypto entry points like web browsers. Although browsers like Apple’s Safari have taken a cautious stance on adopting crypto features, the crypto ecosystem has thrived on crypto-friendly browsers like Brave and Opera. Chrome browser had a 64.61% market share in October 2024. Source: SimilarWeb Google, the operator of the world’s most popular browser, Chrome, also has not limited crypto extensions and other related tools on its browser, Jorgen Arnesen, executive vice president of Mobile at Opera, told Cointelegraph. Brave doesn’t see Telegram as a competitor Telegram-linked blockchain platform, The Open Network (TON), posted massive growth in 2024, with many users being introduced to crypto through Mini Apps like Notcoin and Hamster Kombat . Telegram also supports various types of crypto wallets , allowing users to choose between self-custodial and custodial wallet solutions for holding cryptocurrencies like Bitcoin ( BTC ) directly on the messenger. Top five Telegram app coins by market capitalization. Source: CoinGecko “As a major hub for crypto communication, we see the adoption of crypto on Telegram as a natural fit,” Brave’s vice president of business operations, Luke Mulks, told Cointelegraph. Telegram’s crypto rise shows the demand for crypto and extra opportunities for use cases among more mainstream users, but he said this doesn’t pose a threat or competition to browsers. Many of Telegram’s crypto features, such as an integrated wallet and opportunities for users to earn, have been available in Brave for several years, Mulks noted, adding: “We don’t see browsers as being left behind. The browser is the gateway to the web, including Web3. Our focus has been from a higher level, how we can integrate stronger security and Web3 use cases into the Web2 world.” Web-based crypto adoption is strong Opera’s Arnesen shared a similar perspective on Telegram’s crypto adoption versus adoption through web browsers. “While Telegram’s TON blockchain and projects like Hamster and Notcoin have undeniably made waves, we believe that web-based crypto adoption is poised to outpace even these impressive strides,” he said. Related: Telegram’s crypto holdings rose to $1.3B in H1 2024: Report Chrome browser, which has 3.45 billion users in 2024, has also “fostered a thriving ecosystem of crypto extensions and tools, empowering users to interact with crypto directly within their browser,” Arnesen added. TON ecosystem expands beyond Telegram Although Telegram is home to the TON ecosystem, the TON Foundation doesn’t see Telegram as the exclusive platform for its engagement, TON Foundation ecosystem lead Alena Shmalko told Cointelegraph. “Telegram is just one distribution channel for TON-based projects, although it’s a very big one with over 950 million users,” Shmalko said, adding: “We’re working around the clock to foster a decentralized ecosystem where the most exciting Web3 products on TON are accessible through whichever method the end-user wants to engage with most — whether that’s as a web app, a Telegram Mini App, or even as a Chrome extension.” While the TON Foundation is working to expand TON’s reach beyond Telegram, the messenger’s founder and CEO, Pavel Durov , remains under investigation in France. With French prosecutors accusing Durov of facilitating a platform that enables “illicit transactions,” Telegram’s founder faces up to 10 years of prison time . Magazine: Crypto has 4 years to grow so big ‘no one can shut it down’: Kain Warwick, Infinex
The Popcat price is down more than 26% on the weekly time frame despite a slight 24-hour gain to trade at $1.23 as of 7:30 a.m. EST as traders dump their holdings in the meme coin. With the drop over the last 7 days, the POPCAT price is also down more than 40% from the all-time high of $2.07 that it set just 10 days ago. Popcat Price At Risk Of Losing A Vital Support 4-hour chart for POPCAT/USD (Source: GeckoTerminal) The Popcat price has printed multiple lower lows and lower highs on the 4-hour chart in the last couple of days, resulting in the formation of a negative medium-term descending channel. Now, the meme coin is testing the key support level at $1.2548. Should it lose the support of this price point, POPCAT stands the risk of dropping all the way down to $0.9168. However, the Popcat price maintaining a position above $1.2548 for the next 12 hours could invalidate the bearish thesis. In this alternative scenario, the meme coin’s price might start to rise. Traders could end up pushing the value of Popcat out of the negative price channel. Escaping this negative range might then lead to a challenge of the $1.5606 resistance. In an extremely bullish case, the Popcat price could rise to as high as $1.8824 in the short term. Technicals Suggest Bulls Are Trying To Take Control Of The Popcat Price From a technical perspective, there are signs on POPCAT’s 4-hour chart that suggest bulls are trying their best to take back control of the meme coin’s price. In the last couple of hours, Relative Strength Index (RSI) readings have started to level off in the low 30s. This suggests weakening seller strength. In addition to the leveling RSI values, the Moving Average Convergence Divergence (MACD) line has started to rise toward the MACD Signal line. This narrowing gap could be an early indication of a bullish reversal of POPCAT’s current negative trend. A confirmation of this shift in momentum might be if the MACD line crosses above the MACD Signal line. As POPCAT tries to overcome bearish pressure, investors are flocking to meme coin rival Catslap (SLAP) for potential parabolic gains. A Cat-Themed Meme Coin Taking The Crypto World By Storm Catslap (SLAP) is a new meme coin project that is off to a very strong start after launching less than a week ago. Already, more than 7,000 wallets hold the meme coin. Additionally, the project has a market cap of more than $28.5 million, with over $850K worth of SLAP already staked. A possible reason behind this exceptional start could be the team’s decision to avoid the traditional presale route and instead give every investor an equal opportunity to get in on the ground stage of the project. By launching on a decentralized exchange (DEX) from the get-go, SLAP will likely not undergo the post-presale correction that new project’s suffer when they enter the open market. There are other reasons that are contributing to the meme coin’s success at this early stage. One of these factors is the large burn initiatives that Catslap has in the works. With these potential burns, the value of SLAP, which has skyrocketed over 2,723% in just six days, will likely continue to rise as less tokens are made available. The team will also add a play-2-earn (P2E) element to the project’s viral slap game. With this P2E element, Catslap could follow the same growth trajectory as the Telegram clicker game, Hamster Kombat. Prominent analyst and YouTuber ClayBro recently told his over 130K subscribers that Catslap might be the next 50X opportunity in the meme coin space. Catslap Team About To Make A “Major Announcement” Catslap’s team will be making a major announcement in less than 8 days. Will the team announce a potential exchange listing on a major platform like Binance or Coinbase, or something else? Given the success of the project since its launch less than a week ago, this upcoming announcement will likely have a positive effect on SLAP’s price. To get in on the token ahead of the major announcement, investors can use the widget embedded on the project’s website. Selling for $0.00340401, SLAP can be bought with either ETH, USDT, or bank card. Purchase SLAP here before the major announcement. Related Articles: Trump Team Mulls CFTC Oversight Of Major Part Of Crypto Market DeFi TVL Reaches 2021 Level, Crypto All-Stars Rockets Past $6M Most Trending Cryptocurrencies on Polygon
US President-elect Donald Trump is weighing a shift in crypto regulation that could hand more authority to the Commodity Futures Trading Commission (CFTC), reducing the influence of the Securities and Exchange Commission (SEC), Fox Business reported. The CFTC could oversee digital assets like Bitcoin and Ethereum, which have been deemed to be commodities, as well as exchanges and spot markets, potentially covering up to 70% of the $3.2 trillion crypto market, sources familiar with the matter told Fox Business in a Nov. 26 report. SEC Control Over US Crypto Market Could Be Reduced During the Biden administration, the US Securities and Exchange Commission (SEC), under the leadership of its outgoing Chair Gary Gensler , targeted crypto companies operating in the US with a regulation by enforcement strategy. Should the CFTC start to regulate more of the crypto market, it would cut back the SEC’s power over the nascent digital asset space. Gensler was in favor of the idea of the CFTC taking over the regulation of Bitcoin and its associated markets. This is after he called the leading crypto a commodity. With regards to ETH, the CFTC argued in March that the altcoin is a commodity in a complaint against the crypto exchange KuCoin. CFTC Could Regulate Digital Commodities From Day 1 Of Trump’s Term Former CFTC Chairman Chris Giancarlo, who is also known as “Crypto Dad,” believes the “CFTC could hit the ground running” and “begin regulating digital commodities on day one of Donald Trump’s presidency.” Giancarlo served as the CFTC’s Chairman during the President-elect’s first term, and is reportedly being considered for the role of “crypto czar” for the incoming administration. Over the years, he has called for the CFTC to play a bigger role in regulating crypto markets. Giancarlo also wrote a letter to the Senate Agriculture Committee in 2022 in support of the agency having authority over the spot crypto market. Related Articles: Crypto All-Stars: 25 Days Until A Meme Coin Revolution Begins Catslap Soars 3,297% In 4 Days – Is It The Next Hamster Kombat? Pepe Price Plunges As Investor Frenzy Erupts Around ThisRival
⚡️Hamster News | November 21⚡️ • Trump team considers creating first-ever White House crypto role • MicroStrategy breaks into top 100 US publicly traded companies • FTX co-founder Gary Wang avoids prison time • Arkham Intelligence to launch a spot trading platform in the US… https://t.co/nghyf103fD https://t.co/C8ePkzxfGZ
Hamster Kombat, a Web3-based game, is working to reignite interest among its players after seeing a decline in monthly active users (MAUs). The game, which initially gained massive attention, reached 300 million users in August but has since seen a drop, now retaining around 30 million MAUs. Despite the cooling off, a representative from the team expressed that the decline aligns with their expectations, as the game experiences natural fluctuations in interest. Hamster Kombat’s spokesperson explained that the drop is expected during the transition between seasons, noting that the team is currently preparing for the launch of the second season. Even in this interim period, the game’s MAU number remains strong at over 30 million, indicating sustained engagement. The team aims to reconnect with season one players while also attracting new users. Additionally, the game reported a $1.3 billion daily trading volume and $4 billion in perpetual trading volume for its HMSTR token, alongside 11 million tokenholders. READ MORE: Expert Trader Shares Secrets to Transforming Your Crypto Portfolio The spokesperson emphasized that the game’s large and active player base positions it to compete with other top blockchain projects and to expand into new markets in the future. While Hamster Kombat works to expand its audience, other Telegram Mini Apps are also gaining momentum. Paws, another popular Telegram game, has seen rapid growth, currently boasting 40.7 million MAUs. Blum, a hybrid exchange app offering both centralized and decentralized exchange features, and Major, a task-based app that rewards users with cryptocurrency, are also rising in popularity, further intensifying the competition in the Telegram Mini App space. Source
Hamster Kombat's token, HMSTR, has faced significant challenges despite attracting 300 million active users at its peak. After hitting an all-time high (ATH) of $0.01004 two months ago, the token is now trading at $0.003897, a 61% drop. Although it briefly recovered following Bitcoin’s rally, the price didn’t hold. However, there’s some optimism as trading volume has surged, signaling renewed interest. The game’s popularity took off after its January launch, attracting millions of users and culminating in the launch of the HMSTR token in late September. Unfortunately, issues like airdrop distribution delays and the controversial anti-cheat system led to a sharp price decline after its listing. The game’s active user base also fell dramatically, from 300 million to just 41 million in a matter of months, contributing to the token’s poor performance. Despite recent price declines, HMSTR’s trading volume is on the rise, with a notable increase in the past week, reaching $118.5 million. This surge indicates that user interest may be returning. The token had even seen a brief spike in both spot and perpetual trading volume earlier this month, reaching $1.3 billion in spot and $4 billion in perpetual trades, pushing its price to $0.005938 before it dipped again. READ MORE: Miner Selling Pressure Mounts as Bitcoin Approaches $100K The excitement surrounding Season 2, announced in early November, has fueled renewed hope. The new season promises enhanced features, such as virtual studio management, custom game spaces, and community-driven challenges, which has stirred player enthusiasm. As a result, trading volume spiked following the announcement, and sentiment indicators show that 73% of voters are bullish on the token, while only 23% remain bearish. Additionally, HMSTR has become the second-largest on-chain holder, surpassing even Aptos. With Bitcoin’s broader market rally and positive sentiment, Hamster Kombat’s token may have potential for recovery in the near future.
Web3 game Hamster Kombat plans to “re-engage” with its season one participants and attract new users despite a recent drop in monthly active users (MAU). While the popular Telegram clicker game broke records and reached 300 million users in August, the hype has since cooled , leaving the game with about 30 million MAUs. Still, a spokesperson for Hamster Kombat told Cointelegraph that the drop aligns with their expectations. The Hamster Kombat team said interest rises and falls but will grow again with any project. “Since our project has seasons, this is expected. We’re currently in the interlude period, preparing to launch the second season,” the spokesperson said. “Even during this mid-season phase, our MAU metric remains above 30 million, showing sustained interest.” The spokesperson added that the team is “planning to re-engage” with season one participants while trying to attract new players. Retaining the “core group” of players On Nov. 14, Hamster Kombat reported a $1.3 billion daily spot volume and $4 billion perpetual trading volume for its Hamster Kombat (HMSTR) token. It also reported 11 million tokenholders. The spokesperson told Cointelegraph: “We now have over 11 million tokenholders, allowing us to compete with the top blockchains. We plan to increase the number of holders and enter new markets.” The team said it has retained a “core group” of players of about 30 million, who are actively engaged even after the first airdrop. “That’s more than the entire community of many other projects even before their airdrops,” the spokesperson said. Hamster Kombat expects its audience to grow further as new activities are planned for the future. Related: Hamster Kombat Season 2 lets players become CEOs, build game studios Paws, Blum Telegram games surge While Hamster Kombat works on a comeback, other Telegram Mini Apps are gaining traction. This includes Paws, which has surged in popularity and become one of the fastest-growing Mini Apps on Telegram. At the time of writing, Paws had 40.7 million MAUs, according to Telegram. Highest-ranked Web3 apps on Telegram. Source: Telegram In addition, Blum, a hybrid exchange offering features of both centralized and decentralized exchanges, is emerging as a leading Mini App. Blum also includes a clicker game allowing users to earn points convertible into an airdrop token. Another app, Major, has risen to the top of the Telegram Mini App rankings with 34.9 million MAUs. Major allows users to complete tasks and earn cryptocurrencies. Magazine: Will gaming token ‘enthusiasm’ return this crypto bull run? Web3 Gamer
Hamster Kombat (CRYPTO:HMSTR), the cryptocurrency token linked to the Telegram Mini App of the same name, has recorded a significant $5.3 billion in daily trading volume. According to the Hamster Kombat team, spot trading volume accounted for $1.3 billion, while perpetual trading volume reached $4 billion. The project currently boasts 11 million tokenholders. “It’s over 239 Yankee Stadiums full of hamsters holding the tokens and believing in its value,” the team noted in a statement. Despite a recent decrease in users, community sentiment around Hamster Kombat remains positive. CoinMarketCap data reveals that 73% of 87,689 voters maintain a bullish outlook, while 27% are bearish. This comes after a significant decline in active users, which dropped from a peak of 300 million in August to 41 million by November 5, marking an 86% decrease. IntoTheBlock data also indicated a reduction in active addresses, which fell from over 700,000 on September 27 to just above 20,000 by November 13. The token’s price has seen fluctuations, dipping from an all-time high of $0.01 on September 26 to $0.0022 by November 4. However, a slight rebound occurred, with the price rising to $0.004401 on November 14. At Binance Blockchain Week in Dubai on October 30, experts discussed the challenge of user retention in blockchain-based games. Sasha Plotvinov, co-creator of Notcoin, emphasized the need for social and emotional elements in gaming to maintain user engagement. Plotvinov emphasised that each project aims to provide a “new thing” for users to enhance retention and interaction. At the time of reporting, the Hamster Kombat (HMSTR) price was $0.003753.
Hamster Kombat, the Web3 game built on the Telegram Mini App, has seen a significant surge in its cryptocurrency token despite a recent decline in active users. As of November 14, the game’s token, Hamster Kombat (HMSTR), has reached impressive trading volumes. Daily spot trading for the token has soared to $1.3 billion, while perpetual trading volume has hit $4 billion. The Hamster Kombat team announced that the token now has 11 million holders, a number they likened to filling 239 Yankee Stadiums with “hamsters” who believe in the token’s value. Even though the game experienced a sharp drop in active users recently, the community’s sentiment remains largely optimistic. CoinMarketCap data reveals that 73% of voters are bullish on the token, while 27% have a bearish outlook. This optimism persists despite the game’s active monthly users plummeting from 300 million in August to just 41 million by November 5, a staggering 86% decline. Further data from IntoTheBlock shows that active addresses have also fallen drastically, from over 700,000 on September 27 to just above 20,000 by November 13. READ MORE: Can U.S. Spot Bitcoin ETFs Keep Momentum After Hitting $500 Billion in Trading Volume? Along with the drop in users, the token’s price fell from its peak of $0.01 on September 26 to $0.0022 by November 4. However, the HMSTR token showed signs of recovery, climbing back to $0.004401 on November 14. At Binance Blockchain Week in Dubai, experts discussed the challenges of user retention in Web3 games. Sasha Plotvinov, co-creator of Notcoin, emphasized that retaining users requires creating social and emotional connections within the game, offering experiences that are unique and emotionally engaging. This focus on emotional investment is seen as key to keeping players engaged long-term.
According to Cointelegraph, the Hamster Kombat team reported that its Hamster Kombat (HMSTR) token has a daily trading volume of 5.3 billion US dollars, with a spot trading volume reaching 1.3 billion US dollars and perpetual trading volume reaching 4 billion US dollars. The Hamster Kombat team claims that it currently has 11 million token holders.
Hey Hamsters! 🐹 Crypto markets seem to be going insane! In a good way! All the way up, as they say. BTC ATH, FTX lawsuit against Binance, 2,000% growth for a meme coin, and many more. Let's dive in! 🚀 Watch every video closely to get clues that you can use later
Hamster Kombat’s HMSTR (CRYPTO:HMSTR) token surged by 83% over the past week, driven by excitement over hints of a season 2 airdrop. The announcement, shared on Hamster Kombat’s official Telegram channel, has generated anticipation among users eager for the new season’s rollout. The HMSTR token’s recent gains coincide with Bitcoin’s (CRYPTO:BTC) rise to an all-time high of $82,000, boosting positive market sentiment and fueling HMSTR’s weekly growth. On November 9, the development team halted token withdrawals as part of a strategy to incentivise players holding HMSTR tokens within the game. An official statement assured that these loyal players would be rewarded, demonstrating the platform's commitment to fostering community engagement and long-term holding. Season 2 promises significant gameplay enhancements and revamped token economics. Upcoming features include tools for players to create personalised gaming spaces, a team member hiring system, community-led challenges, and management tools for virtual gaming studios. These changes aim to deepen user interaction and ensure sustainable token value. Despite the enthusiasm, Hamster Kombat has faced challenges since its first airdrop on September 26. User numbers dropped from 300 million to 49.9 million, with backlash over the fairness of anti-cheat systems and allegations of favoritism toward influencers. "Hamster Kombat’s Season 2 won’t succeed unless they fix the big mistake of disqualifying 65%+ of their players. Yes, cheaters should be punished, but their system has failed to spot the real cheaters," stated community member Keyur Rohit on X. The development team has pledged to address past issues by improving gameplay, reward distribution, and token stability. With season 2 set to expand beyond crypto exchange simulations to a more comprehensive gaming ecosystem, Hamster Kombat aims to rebuild trust and engage its community with enhanced features and a better user experience. At the time of reporting, the Hamster Kombat (HMSTR) price was $0.004667.
Hamster Kombat’s token saw massive gains on Saturday. HMSTR surged over 80% to trade at a new daily high. Other Telegram-based game tokens like Catizen and Notcoin surged as well. Hamster Kombat ’s token, HMSTR, printed massive gains today as the broader crypto market rallied following Donald Trump’s historic presidential election win and the Federal Reserve’s move to cut interest rates a quarter percent. According to CoinMarketCap data, the overall crypto market capitalization surged 3.56% in the last 24 hours to reach $2.6 trillion. Bitcoin (BTC), the world’s largest crypto asset, traded at $76,341 at the time of writing, while Ethereum (ETH) and Solana (SOL) exchanged hands at $3,044 and $198, respectively. HMSTR Token Price Surges Latest market data indicated that HMSTR’s price started to experience an astronomical surge on November 9 at around 08:00 (GMT+3), rising from $0.00262 to $0.0042 within a few hours. The token had gained 88% in the last day to trade at $0.0047 at press time. Sponsored HMSTR’s price surge after losing nearly 73% of its value mirrored the performance of other popular Web3 game tokens launched on Telegram, such as Catizen (CATI) and Notcoin (NOT), which have posted intraday jumps of 25.76% and 24.33%, CoinMarketCap data shows. While the massive gains could indicate a positive future for Hamster Kombat, the once viral clicker game is struggling to retain users after a controversial airdrop that saw 2.3 million players banned from the platform for cheating. Per Protos, Hamster Kombat has lost 85% of its 300 million players from its peak months post-launch. The game lost nearly 260 million players in three months despite Telegram CEO Pavel Durov recently teasing it as “the fastest growing digital service in the world.” Despite the alarming player count drop, Hamster Kombat is risking losing more users. The game has yet to launch its second season, which had been promised by the end of October. While its developers might be gearing up for something big, the delay could sow more seeds of doubt among loyal supporters. Read how Hamster Kombat recently distanced itself from Gotbit: Hamster Kombat Clarifies Gotbit Ties Amid Market Manipulation Concerns Stay updated on Binance’s recent “HMSTR Secret Airdrop”: Binance Debuts “HMSTR Secret Airdrop” Ahead of Launchpool and Listing
Delivery scenarios