Hamster Kombat loses 259 million players in less than 3 months
Hamster Kombat lost 259 million users, dropping its player base by 86% by November 5.
HMSTR token price decreased 66% since its peak, despite a rise in total addresses.
Hamster Kombat, a tap-to-earn game on Telegram, has lost 259 million users since August, with its active monthly player base dropping 86% to 41 million as of November 5.
The game’s decline coincides with the emergence of Paws, a new Telegram Mini App that attracted 20.5 million users in its first eight days.
Paws reported 10 million connected wallets and one million followers on X as of November 5.
The HMSTR token price has declined 66% from its all-time high of $0.007 on September 26 to $0.0024 as of November 5, according to CoinGecko data.
Despite the downturn, total addresses holding HMSTR reached a 30-day high of 3.5 million holders on November 5, according to IntoTheBlock data.
The game has faced political challenges, including criticism from Iranian government officials and unconfirmed reports of bans in Uzbekistan.
Even with the recent drop in users, the Hamster Kombat team has outlined plans to integrate payment systems, launch new games, and introduce NFTs as in-game assets.
81RAVENS Secures $4.5M Seed Round for Solana-Based Free-to-Play Shooter Game PARAVOX
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Digital Hearts Holdings and Gree Ventures co-led the round, According to a press release on Wednesday, PARAVOX is currently in Global Open Alpha and has gained significant traction, with over 100,000 downloads on the Epic Games Store.
The PARAVOX Global Rapid Tournament (PGRT) the company’s first major esports event held earlier this year featured a prize pool of 100 million yen, the release said.
81RAVENS has raised $4.5 million in a funding round co-led by Digital Hearts Holdings and Gree Ventures.
According to a press release shared with NFTgators, the fundraising will be used to accelerate the development and marketing of its first blockchain game, ahead of launch on Solana.
81RAVENS is building a 3v3 free-to-play shooter game dubbed PARAVOX, described as a highspeed PC game where
“lightning-fast reflexes and strategic prowess are the keys to victory.”
PARAVOX is currently in Global Open Alpha and has gained significant traction, with over 100,000 downloads on the Epic Games Store, the company said in a statement.
Earlier in the year, PARAVOX’s first major esports event, PARAVOX Global Rapid Tournament (PGRT) featuring a prize pool of 100 million yen attracted over half a million viewers, with 23 esports teams participating, the company said.
PARAVOX, 81RAVENS’ inaugural title has already attracted 100,000 downloads on the Epic Games Store following its Private Alpha launch in Japan and Southeast Asia.
Commenting on the announcement, Shimpei Yoshimura, CEO & Co-Founder of 81RAVENS said in a statement: “Our goal is to expand the esports market to 10 trillion yen by addressing the current imbalance between publishers and communities. While we may appear to be a game studio, our true identity as a platform is our unique insight, enabling us to connect all aspects of esports through tokens and accurately measure each title’s market size.”
The announcement signals a major step for 81RAVENS, the studio behind PARAVOX, as they leverage Solana’s high-speed infrastructure to support their ambitious vision for a seamless gaming experience
According to the developers, “Choosing Solana as our home was an easy decision. It’s the fastest network, perfectly matching our lightning-fast gameplay.”
To support this transition, 81RAVENS has secured $4.5 million in a funding round co-led by Digital Hearts Holdings and Gree Ventures.
This fresh capital injection will accelerate development and marketing, driving the game’s continued expansion on Solana.
Already, PARAVOX has garnered significant traction, with its Global Open Alpha phase surpassing 100,000 downloads on the Epic Games Store.
In celebration of their move to Solana, PARAVOX has introduced a limited-edition Solana-themed skin, available to download for free until November 15, 2024.
While the specifics of PARAVOX’s integration with Solana, including details on particular tokens, NFTs, or protocols, have yet to be fully detailed, the game’s marketplace is expected to enable players to trade in-game assets.
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WLD has gained more than 30%, rebounding strongly from its $1.5 support level.
Surging whale and trading activity indicate bullish momentum, positioning its for gains beyond the $2.5 resistance.
Worldcoin [WLD] has shown incredible market strength as it becomes one of the top performers in the crypto space. The altcoin has staged an impressive 30% recovery from its $1.5 key support level.
Commanding a price of $2.14 at press time as per CoinMarketCap data, Worldcoin’s trajectory has caught the attention of market participants across the board.
Behind the Worldcoin surge… WLD rally was not just about the price action; positive on-chain and fundamental metrics also had their say. As of this writing, WLD’s trading volume has skyrocketed to $670 million, notably marking a stunning 68% increase in the last 24 hours alone.
This surge in activity indicates growing market confidence and participation.
As per AMBCrypto’s analysis of the IntoTheBlock data, the most outstanding indicator is the significant 366% spike in whale activity. Historically, when crypto whales make waves, the market tends to follow.
In the case of WLD, 366% of large transaction activity indicates that big players are re-entering the market, potentially signaling their confidence in WLD’s price trajectory.
Concurrently, the trading volume has risen, reinforcing these positive sentiments. WLD’s 31% increase in the number of its active addresses aligns with impending price movements. The surging trading activity typically injects volatility and upward pressure.
As a result of increased volatility and bullish pressure, WLD prices could rally further to target $2.5 or a higher resistance zone.
Liquidation pool insights That’s not all, the substantial liquidation pool of 632K worth of WLD positioned at the $2.33 price level adds more bullish bias.
This liquidation pool may act as a price magnet to pull Worldcoin’s price higher in the short run.
What is ahead for WLD? The convergence of these bullish signals—surging whale activity and trading volumes, and strategic liquidity positioning—creates a compelling case for Worldcoin’s continued rally.
Realistic or not, here’s WLD market cap in BTC’s terms
With momentum firmly on its side, Worldcoin appears well-positioned to challenge the $2.5 resistance level.
A successful breach could open the door to unexplored price territories, marking a new chapter in WLD’s market narrative.
Next: BONK rallies 15% as bullish momentum strengthens – More gains ahead? #USInflationAboveTarget #WLDToTheMoon
Solana (SOL) Records 3-year High As Price Hits $220, $260 Next?
$SOL Solana (SOL) has seen a massive 35% weekly surge to a new year-high of $220, closing last week above levels not since in nearly three years. As the cryptocurrency soars and whales accumulate, some market watchers suggested SOL is poised to fly to new levels soon.
Solana Hits Three-Year High Price Solana has been one of the best-performing altcoins this bull run, seeing a massive surge in the past year. The cryptocurrency recently flipped Binance Coin (BNB) as the fourth-la
Analysts reported that there is a growing demand for Ethereum due to the increasing appeal of the digital currency to large investors.
The whale activity serves as one of the indicators that the cryptocurrency is gaining momentum for possible significant growth, capitalizing on the positive market sentiment on the crypto industry.
Growing Whale Activity: Santiment reported that the number of transactions made by Ethereum whales saw a huge spike in recent days.
Have you heard of the Republican Party? Learn about its goals and influence on American politics.
$BTC $BNB The Republican Party is one of the main pillars of American politics, having been involved in shaping the future of the United States for more than a century and a half. Founded in the mid-19th century with the aim of opposing slavery, today it represents the conservative trend in the country. From its free-market economic policies, to its strict positions on foreign policy and immigration, the Republican Party seeks to strike a balance between individu
$WLD $BTC WLD has gained more than 30%, rebounding strongly from its $1.5 support level.
Surging whale and trading activity indicate bullish momentum, positioning its for gains beyond the $2.5 resistance.
Worldcoin [WLD] has shown incredible market strength as it becomes one of the top performers in the crypto space. The altcoin has staged an impressive 30% recovery from its $1.5 key support level.
Commanding a price of $2.14 at press time as per CoinMarketCa
The stock market is hovering near record highs after getting a boost from Donald Trump's election win.
$ETH $BTC
Bonds, meanwhile, have seen a sharp sell-off since the election.
For signs of Trump-trad fatigue, investors should watch the 10-year Treasury yield, JPMorgan says.
With market enthusiasm around Donald Trump's presidential-election victory pushing stocks and crypto to record highs, JPMorgan says investors looking for signs of rally fatigue should be watching the Treasury-bond market.
In new research, the firm's equity-strategy team said the 5% level on the 10-year Treasury yield could be an inflection point for US equities. It's currently trading at about 4.3%.
"We think that around 5% the impact of bond yields on equity valuations starts to turn, from positive/reflationary one, into the rising concerns over the sustainability of the upcycle and the increasing risk of accidents," the team wrote on Monday, led by the firm's head of global equity strategy, Mislav Matejka.
Government-bond yields went on a tear following Trump's win on expectations that the president-elect's immigration and protectionist trade policies would drive inflation and force the Federal Reserve to raise rates. The 10-year note surged as much as 21 basis points to 4.47% on Wednesday, the day after the election.
Adding to upward pressure on bond yields is the prospect that "bond vigilantes" could register their displeasure with a ballooning federal deficit by selling Treasurys.
"If the Trump administration runs excessively stimulative fiscal policy, with lots of spending and tax cuts, leading to even wider deficits, I think then that may cause the bond vigilantes to push yields up to levels that create problems for the economy," Ed Yardeni, the president of Yardeni Research, told DealBook in a newsletter published on Saturday.
In the absence of a move above 5% in the 10-year Treasury, JPMorgan said the market's near- to medium-term direction would be dictated by which policies Trump prioritized #USInflationAboveTarget
🚀 Bitcoin Hits $89,000! Is it going to hit $100,000 soon? $BTC
Bitcoin has just reached a new milestone, rising to $89,000. Market momentum is strong, with increased institutional interest and positive sentiment driving prices higher. 📈
We expect Bitcoin to hit $100,000 in the coming weeks if this uptrend continues. Factors such as growing adoption, limited supply, and renewed investor confidence are driving this rally. Many analysts believe that reaching six figures is just the beginning of an even bigger rally. 🌐💰 #WillBTCBreak100KSoon? Stay tuned for more updates as we watch Bitcoin make history! 🚀
🚀 Cryptocurrencies Break Records: Market Surpasses $3 Trillion for First Time in 3 Years! 🌐
Exciting news for crypto enthusiasts! 📈 As the crypto market continues its massive rally, the total market cap has surpassed the $3 trillion mark for the first time in three years, thanks to the growing demand for Bitcoin and other digital assets. According to CoinGecko data, the market cap has increased by about 25% since Election Day on November 5.
Here are some recent Bitcoin market data points from CoinGecko:
Current Bitcoin Price: $89,173.57
24-hour Price Change: +0.01%
24-hour Trading Volume: $26.18 billion
Market Cap: Over $5.46 trillion
Market Dominance: 3.6%
check out CoinGecko's website directly for the latest trends.
📊 Bitcoin, which makes up more than half of this market, has seen a significant jump to new record highs, surpassing $89,175, reflecting investor optimism on expectations that the election of Donald Trump will boost the position of cryptocurrencies.
Will we see Bitcoin reach the $100,000 target soon? 🤔 Share your thoughts and predictions in the comments! 💬
🚀 Bitcoin Hits $89,000! Is it going to hit $100,000 soon? $BTC
Bitcoin has just reached a new milestone, rising to $89,000. Market momentum is strong, with increased institutional interest and positive sentiment driving prices higher. 📈
We expect Bitcoin to hit $100,000 in the coming weeks if this uptrend continues. Factors such as growing adoption, limited supply, and renewed investor confidence are driving this rally. Many analysts believe that reaching six figures is just the beginning of an even bigger rally. 🌐💰 #WillBTCBreak100KSoon? Stay tuned for more updates as we watch Bitcoin make history! 🚀
Senator Lummis pushes forward crypto plans after Trump victory: Law Decoded
After Donald Trump's victory in the 2024 US presidential election, Senator Cynthia Lummis, a well-known crypto advocate, announced her support for a proposal to establish a Bitcoin (BTC) reserve. This initiative aligns with Trump's previous statements on making the US a "Bitcoin superpower" and not liquidating seized Bitcoin assets. Lummis, a Republican from Wyoming, has been pushing for the US Treasury to acquire 1 million BTC, approximately 5% of Bitcoin's total supply, over the next five years. The goal is to hold these assets for at least two decades, leveraging them as a strategic reserve to strengthen the US financial system.
Lummis’s proposal, part of the BITCOIN Act of 2024 (Boosting Innovation, Technology, and Competitiveness through Optimized Investment Nationwide Act), suggests using Bitcoin as a tool to reduce national debt and hedge against inflation. The plan is seen as a move to enhance the country’s position in the global financial landscape, especially as the Republican Party prepares to take majority control in Congress, which could help push the legislation forward. Notable figures in the crypto community, such as Michael Saylor and Pierre Rochard, have expressed their support, seeing it as a step towards financial innovation.
For more details, you can refer to sources like Decrypt and Crypto Briefing that cover the latest developments on this proposal.
BounceBit Pioneers CeDeFi Infrastructure: Unlocking High-Yield Opportunities for All
$BB $BTC $BNB
In the rapidly evolving world of blockchain and decentralized finance, BounceBit is setting new standards by pioneering CeDeFi (Centralized-Decentralized Finance) infrastructure. This innovative platform aims to bridge the gap between traditional financial systems and decentralized technologies, providing institutional-grade yield products and accessible high-yield opportunities for everyone. Let's dive into how BounceBit is reshapi
Bitcoin Hits $80,000: Why Trump is Boosting Crypto
Bitcoin on Sunday hit a new record above $80,000
$BTC $ETH $SOL Bitcoin on Sunday hit a new record above $80,000. The world’s largest cryptocurrency surged in the run-up to Tuesday’s US presidential election, rose sharply immediately on election night after it became clear Donald Trump would win, and has continued rising in the days since his victory.
The cryptocurrency market has been buzzing with excitement as Bitcoin reached an unprecedented milestone, surpassing the $80,000 mark for the fir
Ethereum ETFs Record Largest Inflows Since August 6
$ETH Ethereum (ETH) registered a remarkable performance following Donald Trump’s victory in the November 5 US elections. The second-largest cryptocurrency by market capitalization has jumped 21.9% in the past three days, reigniting investors’ bullish sentiment for the crypto and ETH-based investment products.
Ethereum ETFs See Third Best-performing Day
Amid ETH’s price rally, spot Ethereum exchange-traded funds (ETFs) have recorded their best-performing day in 13 weeks. Launch
BTC $77K rally won't spark overvaluation fears like stocks: Bitwise CEO
$BTC
Bitcoin hit new all-time highs this week and isn’t triggering overvaluation concerns among investors the way stocks typically do, suggests a crypto exec.
“Bitcoin is different,” asset manager Bitwise Invest CEO Hunter Horsley opined in a Nov. 9 X post, explaining that when a company’s stock “goes up, the multiple does up,” which essentially measures the company’s valuation and an element of its financial performance.
People see rising BTC price as ‘more likely to succeed
Dip Buyers Have Last Chance to Buy Dogecoin, Floki, and IntelMarkets Before They Moonshot 130%
$DOGE $FLOKI DOGE shows signs of a breakout after an extended accumulation phase, FLOKI’s ecosystem approach attracts attention, and IntelMarkets is launching with game-changing AI and trading features. Here’s a deep dive into the current buying opportunities for these three tokens, which analysts say could deliver significant gains for early investors.
DOGE’s $0.20 Threshold: What Investors Need to Watch
In the cryptosphere, Dogecoin (DOGE) continues to ho
Stablecoin Issuer Tether’s USDT Potentially Seeing Rise in Adoption in Sanctioned Countries: Report
$BTC $BNB $DOGE The world’s largest stablecoin by market cap is reportedly potentially seeing a rise in adoption amongst sanctioned nations.
Citing data from market intelligence platform Chainalysis, Bloomberg reports that stablecoin issuer Tether’s USDT is seeing increased usage at time zones correlated with major cities in Eastern Europe, the Middle East and Africa, including sanctioned nations such as Russia and Iran.