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HomeCoins NewsAltcoinHamster Kombat: Hype fades, gamers depart, chips fall

Hamster Kombat: Hype fades, gamers depart, chips fall

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  • Hamster Kombat's month-to-month energetic customers dropped from 300 million to only 41 million.
  • Customers felt betrayed by the drop of HMSTR utility as a result of it was opposite to their expectations.
  • HMSTR token dropped 76% from its excessive of $0.009993 to low of $0.002392

Hamster Kombat, a once-viral Telegram-based crypto recreation, has hit a snag, dropping almost 260 million month-to-month energetic gamers since August. The sport's person base has dropped from a peak of 300 million to only 41 million. In parallel, the HMSTR token crashed by 76% from its launch worth of $0.009993 to hit a low of $0.002392.

Launched in March 2024, Hamster Kombat shortly grew in recognition, gaining over 300 million customers inside 5 months. The app noticed unbelievable early adoption, with 4 to five million new customers becoming a member of each day. Telegram CEO Pavel Durov even praised Hamster Kombat as “the quickest rising digital service on this planet”.

From viral sensation to mass exodus

Nonetheless, the sport's recognition shortly light as a result of poor AI artwork and repetitive gameplay. It merely couldn’t maintain its large participant base. Reviews from Nigeria reveal widespread disappointment amongst customers who felt cheated by Hamster Kombat's HMSTR token touchdown on September 26, 2024. Asset supervisor Vanguard stated in a weblog put up: “As a substitute of promised life-changing payouts, customers obtained a paltry $1 to $4.”

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Including to the frustration was the truth that the touchdown occasion confronted many delays. Most customers reportedly offered their tokens for single-digit quantities, far past their unique expectations. Moreover, the app's anti-cheat system triggered 2.3 million allegedly unauthorized bans and the seizure of 6.8 billion HMSTR tokens.

Additionally Learn: 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 deputy navy commander 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, the chairman of the Russian State Duma committee known as Hamster Kombat a rip-off and pushed for its ban.

In the meantime, the sharp drop of the HMSTR token elevated the panic among the many group. At press time, HMSTR is buying and selling at $0.002368, a 24-hour lower of 0.62%. The token has seen severe declines of 17% and 49% within the final week and month, respectively.

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Disclaimer: The knowledge supplied on this article is for informational and academic functions solely. This text doesn’t represent monetary recommendation or recommendation of any type. Coin Version shall not be chargeable for any losses incurred because of using stated content material, services or products. Readers are suggested to train warning earlier than taking any motion associated to the Firm.

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