Click-to-earn games see user decline despite crypto boom

Telegram-based crypto games that rely on clicking to earn money are seeing a rapid decline in user numbers, even as the broader crypto market enjoys a bullish phase.

User interest and engagement in click-to-earn games is declining

Telegram-based games like Hamster Combat, Notcoin, and Katizen are seeing significant user declines despite the crypto market’s boom. According to TGStats, Hamster Combat alone lost over 3 million users in a single month, while Notcoin and Katizen lost 428,000 and 407,000 users, respectively.

On-chain activity data paints a similar picture. BlockchainTone, which powers these games, recorded over 1 million daily active wallets in September. According to ToonStats, that number had dropped to less than 500,000 by December.

High-performing projects only manage to retain 60% of their peak daily active users, while less successful projects retain only 25%.