Hamster Kombat: Hype Fades, Gamers Go away, Token Crashes

• Hamster Kombat’s month-to-month lively customers declined from 300 million to simply 41 million.
• The customers felt betrayed by the app’s HMSTR airdrop because it contradicted their expectations.
• The HMSTR token fell by 76% from its excessive of $0.009993 to a low of $0.002392

Hamster Kombat, the once-viral Telegram-based crypto sport, has hit a snag, shedding almost 260 million month-to-month lively gamers since August. The sport’s person base is down from a peak of 300 million to simply 41 million. In parallel, the HMSTR token has crashed 76% from its launch value of $0.009993, hitting a low of $0.002392.

Launched in March 2024, Hamster Kombat shortly rose in recognition, gaining over 300 million customers inside 5 months. The app noticed unimaginable early adoption, with 4 to five million new customers becoming a member of day by day. Telegram CEO Pavel Durov even praised Hamster Kombat as “the fastest-growing digital service on the earth.”

From Viral Sensation to a Mass Exodus

Nonetheless, the sport’s recognition shortly pale as a consequence of its poor AI artwork and repetitive gameplay. It merely couldn’t maintain onto its large participant base. Experiences from Nigeria reveal widespread disappointment amongst customers who felt misled by Hamster Kombat’s HMSTR token airdrop on September 26, 2024. Asset supervisor Vanguard acknowledged in a weblog put up, “As an alternative of the life-changing payouts that had been promised, customers acquired a paltry 1 to 4 {dollars}.”

Including to the frustration, the airdrop confronted a number of delays. Most customers reportedly offered their tokens for single-digit figures, far beneath their preliminary expectations. Moreover, the app’s anti-cheat system triggered 2.3 million allegedly unjustified bans and the confiscation of 6.8 billion HMSTR tokens.

Learn additionally: Hamster Kombat Token Crashes 39%: What Occurred to HMSTR?

Controversy continued to swirl round Hamster Kombat because it drew criticism from the Iranian authorities. Iran’s navy deputy chief accused the sport of being a “smooth software” utilized by Western forces to undermine the nation’s spiritual authorities and distract voters from the election. Equally, Russia’s State Duma Committee chairman labeled Hamster Kombat a rip-off and advocated for its ban.

In the meantime, the HMSTR token’s sharp decline has exacerbated panic among the many neighborhood. As of press time, HMSTR is buying and selling at $0.002368, with a 24-hour dip of 0.62%. The token has seen grave falls of 17% and 49% during the last week and month, respectively.