Hamster Kombat Hits 11M On-Chain Holders: Surpass HBAR and DOT

15-11-2024 By: Deep Upadhyay
Hamster Kombat Hits

Hamster Kombat Reaches 11M Holders, Faces User Retention Challenges

Hamster Kombat continues to capture significant attention in the crypto world as the latest data reveals over 11 million on-chain holders of its $HMSTR token. This milestone places the popular Hamster Kombat mini-game and its token in a competitive spot among leading blockchain projects.

Hamster Kombat On-Chain Data and Market Standing

Hamster Kombat’s growth in on-chain data shows an impressive trend:

Source: X

  • $HMSTR boasts 11 million holders, trailing only behind APT, which leads with 16 million holders and a market cap of $6.5 billion.

  • The $HMSTR token currently holds a market capitalization of $0.258 billion.

  • Comparatively, IMX and MNT have 10 million and 9.5 million holders, with market caps of $2.1 billion and $2.4 billion, respectively.

  • HBAR shows 7 million holders and a market cap of $2.2 billion.

  • Other notable mentions include ADA and STRK, each with 5 million holders and market caps of $19.1 billion and $1 billion, respectively, while DOT has 3.5 million holders and a $7.88 billion market cap. INJ rounds out with 0.6 million holders and a $2.48 billion market cap.

Trading Volume and Community Sentiment

Hamster Kombat has made headlines with its impressive trading volumes, showcasing resilience despite facing recent challenges. The platform's spot trading volume reached a notable $1.3 billion, while perpetual trading volume exceeded $4 billion, highlighting strong market activity. However, there has been a significant decline in active monthly users, which dropped from 300 million in August to just 41 million, marking an 86% decrease. 

Despite this downturn, Hamster Kombat's total user base on social platforms remains robust, boasting 13.8 million Twitter followers and 31.8 million Telegram users. Community engagement continues to thrive, supported by popular features like the Hamster Kombat Daily Combo and daily cipher, which have kept the community consistently invested over time.

Challenges and Market Response

Despite the drop in Hamster Kombat active users, the sentiment stays positive. A CoinMarketCap poll showed that 73% of 87,689 voters are still bullish on $HMSTR. The Hamster Kombat coin price, while down from its all-time high of $0.01 in late September to $0.0022 in early November, showed recovery with a slight pump to $0.004401 as of November 14.

At the time of writing. $HMSTR price was trading at $ 0.003915, after an intraday drop of 4.49%, according to Binance. Based on the previous season, the Hamster Kombat Season 2 listing date is expected around March 26th, 2025, marking a major event with its highly anticipated airdrop and rewards. 

Retention and engagement strategies remain crucial for Hamster Kombat, especially as the Web3 game navigates fluctuating user numbers. Industry experts emphasize the importance of incorporating social and emotional experiences to sustain and grow user bases, a sentiment echoed during the Binance Blockchain Week.

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