Originally published on: November 14, 2024
The Telegram Mini App’s popular cryptocurrency token, Hamster Kombat, is making waves with its impressive daily trading volume despite a recent decline in user numbers.
As of November 14, Hamster Kombat’s (HMSTR) daily spot trading volume hit $1.3 billion, with perpetual trading volume reaching a staggering $4 billion. With 11 million tokenholders on board, the team is thrilled by the overwhelming support. They humorously noted that it’s equivalent to filling over 239 Yankee Stadiums with hamsters holding onto their tokens.
While user numbers experienced a dip recently, community sentiment remains positive. CoinMarketCap data reveals that 73% of voters are bullish on Hamster Kombat, while 27% express a bearish sentiment.
Stats from November 5 showed a significant drop in users, with active monthly users plummeting from 300 million in August to 41 million. This 86% decline has been notable, alongside a decrease in active addresses from over 700,000 to just above 20,000 by November 13.
Despite a price drop from an all-time high of $0.01 to $0.0022, HMSTR received a boost to $0.004401 on November 14. This recovery offers hope for Hamster Kombat’s future.
At the recent Binance Blockchain Week in Dubai, industry experts discussed user retention strategies, emphasizing the importance of creating unique and emotional experiences within games. Notcoin co-creator Sasha Plotvinov highlighted the need for games to offer something new to users, focusing on emotional engagement for lasting retention.
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