Hamster Kombat Coin Price Drops Amid Subscriber Loss in October
Hamster Kombat Coin Price Falling With 5M Subscriber Drop in October
The popular tap-to-earn game, Hamster Kombat, experienced a significant drop in October 2024. The game’s official Telegram channel saw a massive loss of subscribers, plummeting from 60.7 million to 55 million, marking an average daily decline of over 200,000 followers.
Despite this, Hamster Kombat still holds the title of the most subscribed channel on Telegram. Other related mini-apps, such as Tapswap, DOGS, Yescoin, and Catizen, have also faced sharp declines in their subscriber counts during the same period.
Interest in the Hamster Kombat coin price has dramatically decreased as well. According to Google Trends, search interest fell from a high of 100 points in September to just 3 points in October, following dissatisfaction with the game’s airdrop campaign.
Influencers like Crypto with Khan have urged users to unfollow the game on social media in protest of how the community has been treated.
$HMSTR Token Hits New Low Amid Investor Decline
The in-game currency, Hamster Kombat coin, took a significant hit in October. The Hamster Kombat coin price dropped by over 9.50%, reaching a new low of $0.003334.
The market capitalization of HMSTR decreased from over $600 million to approximately $214 million. Additionally, daily trading volume has plummeted from $200 million in September to just $50 million in October.
Other tap-to-earn tokens like Notcoin (NOT), Baby DogeCoin (BabyDoge), and Catizen (CATI) have seen price drops between 15% and 20%.
Despite Hamster Kombat introduced new features like the Hamster Kombat daily cipher code and Hamster Kombat coin withdrawal options, still the games turns out to sharp decline in subscribers as well as price due to community concerns and investor confidence.
Conclusion
Despite unveiling a new roadmap with exciting features like NFTs and Hamster Kombat Season 2 updates, it faces significant challenges. Declining user engagement and token value suggest that the game must address community concerns to regain investor confidence and player interest.
