Will Hamster Kombat Be The Next Bitcoin (BTC)?

Key Takeaways
  • Hamster Kombat is set to launch its HMSTR token, following a rapid rise in popularity.
  • Hamster Kombat has over 250 million players and 33 million YouTube subscribers.
  • Toncoin's TVL growth has outpaced Bitcoin, highlighting the strength of the TON ecosystem.
15-07-2024 By: Shubham Sahu
Will Hamster Kombat

Hamster Kombat Surpassed Bitcoin In Google Searches

Hamster Kombat, a viral tap-to-earn game on Telegram, has announced that it will soon allow users to redeem their earned tokens for a new cryptocurrency in upcoming months. This game is following the successful path of Notcoin, which saw its market cap soar to nearly $3 billion after launching a similar tap-to-earn game and token in May.

Hamster Kombat is becoming bigger day by day as its user base surging rapidly. Moreover, recently Hamster Kombat surpassed Bitcoin in Google searches on June 29. With over 250 million players in just a few months, it has become a major hit in crypto gaming. 

The game's social media presence has also surged, with its YouTube channel gaining over 33 Million subscribers currently. Hamster Kombat is more popular than Bitcoin in 23 countries, particularly in Belarus, Russia, and Tajikistan as per the Google Trend report.

The game's popularity is linked to its potential for earning income through gaming. The launch of its native token, HMSTR, is expected later this month, with pre-market trading already available on exchanges like Bybit and Kucoin.

Bitcoin Vs Toncoin: Toncoin Giving Tough Competition To Bitcoin

Toncoin recently witnessed a surge in user activity and popularity because of tap-to-earn games like Notcoin (NOT), TONFISH (FISH), Hamster Kombat (HMSTR), Catizen, TapSawp (TSWAP), and others. These games allow users to earn in-game currencies that can eventually be converted into real cryptocurrencies.

Recently, Toncoin surpassed Bitcoin in terms of TVL showcasing the power of the TON Ecosystem.

Bitcoin Vs Toncoin

Source: Defillama (Green curve= Toncoin TVL) (Blue curve = Bitcoin TVL)

As of July 15, 2024, the Total Value Locked (TVL) for Bitcoin stands at $675.87 million, while TON's TVL is $757.6 million. The chart indicates that both Bitcoin and TON TVL have been steadily increasing over time. However, Bitcoin's TVL has been growing at a slower pace compared to TON, which has seen rapid growth in recent months.

Toncoin is currently trading at $7.50, with a market cap of $18.81 billion and a circulating supply of 2,506,953,739 TON.

Bitcoin is currently trading at $62,786.18, with a market cap of $1.24 trillion and a circulating supply of 19,720,343 BTC.

Conclusion

Hamster Kombat's surge in popularity, surpassing Bitcoin in Google searches across 23 countries, highlights the growing impact of tap-to-earn games in the crypto space. With its upcoming HMSTR token launch, Hamster Kombat is set to further solidify its position. Meanwhile, Toncoin's rapid growth, driven by similar gaming projects, has seen it surpass Bitcoin in Total Value Locked (TVL), showcasing the potential of the TON ecosystem. These developments underscore the dynamic nature of the cryptocurrency market and the rise of innovative gaming models.

Also Read: Hamster Kombat Daily Cipher Code for 16 July 2024

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