Hamster Kombat, a click-to-earn game on Telegram, was once a leading game, but has seen a sharp decline in its user numbers, due to factors related to politics and competition.
Its user base dropped from 300 million in August to just 41 million by November 5, a decline of 86%.
In contrast, Paws Mini, a new Telegram-based app, has also been gaining traction, with 20.5 million users in the first eight days of its launch, outpacing Hamster Kombat’s growth.
HMSTR cryptocurrency activity and price decline:
This decline in the Hamster Kombat user base was accompanied by a drop in the price of the HMSTR cryptocurrency, which lost 70% of its value, as the price of the currency fell from $0.01 in September to $0.0022 on November 4.
According to data from IntoTheBlock, the percentage of active addresses trading HMSTR has fallen to a 30-day low, reflecting a clear decline in activity.
On the other hand, the “Paws Mini” app attracted more than 11 million users in the first two days, and the project announced on November 4 that 10 million wallets had connected to the app, and that the number of followers on X had reached one million.
To counter these fluctuations, the Hamster Kombat team has confirmed its future plans for the game, including a new payment system, launching additional games, and integrating non-fungible assets (NFTs) into the game, in an attempt to regain user interest.
