30s Summary

Hamster Kombat, a mini app game associated with Telegram, generated impressive cryptocurrency trade value, peaking at $4 billion, despite decreasing player numbers. The value of the game’s HMSTR token hit $1.3 billion daily and has around 11 million tokenholders. However, positive sentiment fell to 73% amongst participants in a CoinMarketCap poll and active monthly users dropped by 86% to 41 million. The number of active traders also declined significantly from 700,000 to 20,000, as did the token’s price, although it has experienced a slight recovery.

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Hamster Kombat, the mini app game linked with Telegram, is making waves in the world of cryptocurrency, despite fewer people playing the game of late. In mid-November, the value of trades for the Hamster Kombat token, dubbed HMSTR, hit $1.3 billion daily, topping out at a whopping $4 billion overall. Reportedly, the game boasts 11 million tokenholders, a finding which the folks behind the game likens to filling over 239 Yankee Stadiums!

However, it’s not all sunshine and roses for Hamster Kombat. When you weigh in the drop of players, it’s clear not everyone’s as keen as they once were. Of the 87,689 people that took part in a poll by CoinMarketCap, just 73% were positive about the game. To put that in context, back in November, the number of active monthly users had dipped from 300 million to 41 million – that’s a huge 86% drop.

Meanwhile, the amount of active addresses (users who are actually trading) showed a similar downhill trend, from over 700,000 in September to just above 20,000 by mid-November. The token’s price also took a hit, dropping from its highest at $0.01 in late September to $0.0022 by early November. Thankfully for the Hamster Kombat crew, there was a slight recovery around the same time, with the token’s value rising to $0.004401.

A big conversation at Binance Blockchain Week in Dubai recently was how to keep users interested. A lot of folks seem to agree it’s all about creating emotional and social experiences within games. After all, players want to feel connected! So, Hamster Kombat’s drop in users might just fuel a drive to make the game even better for those who stick around.