Originally published on: November 14, 2024
The Telegram Mini App sensation, Hamster Kombat, is making waves in the cryptocurrency world with its impressive daily trading volume of $5.3 billion and a whopping 11 million tokenholders. Despite a recent decline in user numbers, the HMSTR token continues to attract a large and supportive community.
The Hamster Kombat team recently announced that daily spot trading volume for HMSTR had reached $1.3 billion, while perpetual trading volume soared to $4 billion. With over 11 million tokenholders, the team celebrated the milestone by comparing it to the capacity of 239 Yankee Stadiums filled with hamsters holding tokens and believing in their value.
Although there was a dip in user numbers, community sentiment remains optimistic. A survey on CoinMarketCap revealed that 73% of voters are bullish on Hamster Kombat, while only 27% expressed bearish sentiment.
Despite the challenges, Hamster Kombat saw a slight recovery in its token price, climbing to $0.004401 on Nov. 14 after dropping from its all-time high of $0.01. Meanwhile, data from IntoTheBlock indicated a decline in active addresses, emphasizing the importance of user retention in the Web3 gaming space.
During the Binance Blockchain Week, industry professionals discussed the significance of creating social and emotional experiences within games to enhance user retention. According to Notcoin co-creator Sasha Plotvinov, every gaming experience must offer something unique and emotionally engaging to keep users coming back for more.
With Hamster Kombat Season 2 allowing players to become CEOs and build game studios, the future looks bright for this innovative Web3 game. Stay tuned for more exciting updates and opportunities in the fast-growing NFT landscape by subscribing to our Nifty Newsletter. Join us in exploring the world of gaming tokens and the potential for enthusiasm to return in this crypto bull run.
