The cryptocurrency token for the Telegram #HamsterKombat mini-application continues to gain momentum, despite the fact that the Web3 game has recently seen a drop in the number of users.
On November 14, the Hamster Kombat team announced that the daily spot trading volume of its Hamster Kombat token ($HMSTR
) reached $1.3 billion, and the perpetual trading volume reached $4 billion.
According to the Hamster Kombat team, there are currently 11 million token holders.
"This is more than 239 Yankee stadiums full of hamsters holding tokens and believing in their value," the team wrote in a statement.
The community believes in the success of Hamster Kombat, despite the recent drop in the number of users
Despite the recent drop in the number of users, the mood of the community remains generally positive. #CoinMarketCap data shows that 73% of 87,689 voters are optimistic about Hamster Kombat, while 27% expressed bearish sentiments.
On November 5, the data showed a significant drop in the number of users. Hamster Kombat's monthly active users have dropped from a peak of 300 million in August to 41 million, representing an 86% decrease.
The IntoTheBlock data also showed a decrease in the number of active addresses, which peaked at over 700,000 on September 27, but dropped to just over 20,000 by November 13.
Meanwhile, the price of the token fell from a historical high of $0.01 on September 26 to $0.0022 on November 4. Despite this, HMSTR recovered slightly, rising to $0.004401 on November 14th.
Social and emotional experiences are required to retain users
At Binance Blockchain Week, which took place in Dubai on October 30, professionals from The Open Network ecosystem told how they approach the problem of user retention. According to Alexander Plotvinov, co-author of Notcoin ($NOT
), in order to retain users, it is necessary to create social and emotional impressions in games.
The executive told the Binance Blockchain Week audience that every game or experience they created or helped create should be a "new thing" for users. Plotvinov added that user retention and engagement require emotional contact and experience.