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Hamster Kombat Faces Challenges After Historic Token Drop

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Hamster Kombat Faces Challenges After Historic Token Drop

Hamster Kombat Announces Exciting Season 2 Features

Hamster Kombat, the Telegram-based clicker game, recently made headlines following its first token drop, which left many players feeling disillusioned about the number and value of tokens earned. The game’s team promoted the airdrop as the largest in crypto history, claiming to have distributed tokens to 131 million users after reporting over 300 million sign-ups. However, the game also stated that users attempting to cheat were banned from participating.

Token Value Decline

Despite the initial excitement, the Hamster Kombat (HMSTR) token has significantly decreased in value since last month’s airdrop. The game’s anonymous founders expressed their commitment to moving forward, stating, “The price is driven by supply and demand, and currently, many people are choosing to sell their tokens.” They emphasized their focus on developing new products within the Hamster ecosystem to attract new players.

Upcoming Features in Season 2

On Thursday, Hamster Kombat announced the upcoming “Season 2” of the game, introducing new gameplay features. In this season, players will manage their own “gaming platforms,” contrasting with Season 1, where players acted as CEOs of virtual cryptocurrency exchanges. The team indicated that 15% of the remaining HMSTR tokens have been allocated for the second season, set to launch by the end of the month. The founders stated, “In Season 2, we’ll continue integrating the Hamster Kombat metagame with third-party games, bridging both web2 and web3.”

Expansion Plans Beyond Telegram

The founders also shared their ambition to attract players from regions where Telegram is less common. Currently, Hamster Kombat primarily operates through the Telegram messaging app and leverages The Open Network (TON) blockchain. “We are actively collaborating with web2, web3, and desktop game developers,” they mentioned, aiming to broaden their audience and create an immersive gaming experience through asset sharing across different titles.

Revenue Strategies and Future Development

Hamster Kombat’s team highlighted that they have not accepted outside investors and instead rely on various revenue channels, including an advertising business within YouTube and Telegram. They plan to reinvest these earnings into further game development.

Player Sentiment After the Airdrop

Following the token distribution, many players took to social media platforms like X to voice their disappointment regarding the number of tokens received and their depreciated value.

Market Performance of HMSTR

The decline in the HMSTR token’s price and market cap is not entirely unexpected after an airdrop; however, the drop has been notably more severe than that of the Notcoin (NOT) token. HMSTR’s market cap plummeted from $660 million to about $255 million in less than a month, according to CoinGecko. In comparison, NOT’s market cap stands at approximately $840 million, having previously peaked around $2.4 billion.

Hamster Kombat Faces Challenges After Historic Token Drop
Written by
Ecem EFE

Since 2022, Ecem has been creating digital content, combining her passion for technology with writing. Continuing her education in the Mathematics department, Ecem focuses on producing in-depth content on areas such as blockchain, artificial intelligence, and cryptocurrency. She aims to simplify these topics and present them to a wide audience, sharing valuable insights into the crypto industry through her writing. With her innovative content, she strives to raise awareness in the digital world.

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