Are we about to see the end of Telegram’s popular cryptocurrency-based game Hamster Kombat? Hamster Kombat was once a beloved and viral game on Telegram, but is currently draining users with its token, HMSTR, down by as much as 76%.
According to several blockchain tracking sites, the game built on Telegram is suffering from a significant decline in user engagement, with active accounts dropping from 300 million in August 2024 to just 41 million. The project token, $HMSTR, is It is currently trading at $0.0025a massive decline from its high of $0.009993 last September 26, reflecting a loss of 76%.
A massive 86% drop in user base and 76% drop in the value of the original token puts Hamster Kombat in a precarious position moving forward. With developers planning “Season 2 Airdrop” by March 2025, many market analysts and observers are losing confidence in the project.
.@hamster_kombat It lost nearly 260 million players in just three months
Hamster Kombat, the tap-to-win Telegram game that boasted a massive 300 million user base in August, has reportedly abandoned 259 million players.
The number of monthly active players in the game currently… pic.twitter.com/vVfwhbI4E6
— ICO Drops (@ICODrops) November 4, 2024
Hamster Kombat – A promising game that has peaked with 300 million users
Hamster Kombat was an instant hit upon its release. According to its developers, they aim to change blockchain games and make it accessible to everyone. The premise of the popular game is simple: it’s an easy point-and-click game, and there’s no need to buy and invest in gaming consoles or high-end computers.
Therefore, it is not surprising that the play-for-profit game immediately attracted the attention of more than 300 million players, even before the launch of its HTMSR token through the open network (TON) in September 2024.
Pavel Durov, CEO of Telegram, was also impressed by the project, saying it is the fastest growing digital service online and can change how we interact with blockchain.
Hamster Kombat’s easy gameplay became its downfall
The new Hamster Kombat model of click-to-play and earn was initially overshadowed by the popularity of Bitcoin mining, which was highly technical and required complex and expensive resources. However, the project failed to maintain the enthusiasm and interest of users, as many found the gameplay to be shallow and repetitive.
Bitcoin market cap currently at $1.43 trillion. Chart: TradingView.com
Aside from the boring gameplay, others criticize the game’s use of AI-generated visuals. Although it seems quirky and fun at first, it becomes cheap looking compared to other games. Thanks to cheap in-game AI tricks and uninspired design, many observers saw Project Hamster as a money grab.
HMSTR price down in the last 30 days. Source: CoinMarketCap
Cryptocurrency Hamster Kombat Drops Disappointingly
The project’s airdrop planned for late September, which was supposed to help the community, was deemed a failure. The airdrop, with nearly 129 million eligible players, left many disappointed with the delay and small amount of rewards.
According to reports, some players who spent hours clicking and playing the game earned between $1 and $10, which is only a small portion of the expected rewards. Airdrop deals and technical issues add to users’ frustration.
The airdrop was delayed, testing the patience of coin holders, and many expressed their frustration online. After that, an anti-cheat system was launched, which ended up restricting up to 2.3 million player accounts and confiscating more than 6 billion tokens.
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