What's Going On With $HMSTR 🔥🚀
Introduction:
Hamster Kombat, once a leading tap-to-earn game on Telegram, has seen a dramatic decline in its user base, losing 18 million players recently, part of an 86% drop from its peak of 300 million users earlier this year.
As of November 2024, the player count has fallen to just 41 million. This sharp decline has been attributed to several factors:
🔥1. Delayed Airdrop and Trust Issues: A postponed airdrop in July created significant dissatisfaction among users, which worsened with subsequent delays and unfulfilled promises.
🔥2. Anti-Cheat Measures: A new system banned over 2.3 million accounts suspected of cheating, contributing to a decrease in active players. However, this also alienated some legitimate users.
🔥3. Competition: The rise of alternative mini-apps like PAWS, which attracted over 20.5 million users in just eight days, has diverted user attention. PAWS' rapid growth underscores the shift in interest within the Telegram gaming ecosystem.
🔥4. Falling Token Value: The HMSTR token, central to Hamster Kombat's economy, has dropped more than 70% in value since September, further reducing engagement.
Read More About Hamster Kombat ! 🔥🚀
These issues highlight the volatility of the "tap-to-earn" model and the challenges of sustaining long-term engagement in blockchain-based games.