The creators of the Telegram-based game Hamster Kombat are eagerly preparing for an exhilarating second season, even as they confront a significant downturn in their HMSTR token. A recent selloff has led to a noticeable drop in the token’s price and market capitalization. Despite these setbacks, the team remains optimistic, buoyed by high trading volumes and active market participation.
Token Troubles Post-Airdrop
Last month’s substantial airdrop, reaching an impressive 131 million users, has stirred mixed reactions among players, with many expressing dissatisfaction with the token’s value and quantity. The Hamster Kombat team heralded this airdrop as a milestone in crypto history, boasting over 300 million game sign-ups. However, challenges arose with instances of cheating, prompting the team to ban offenders to uphold the game’s integrity.
Despite the HMSTR token’s value taking a hit, the creators underscore that such fluctuations are a natural outcome of market supply and demand dynamics. While numerous token holders are opting to sell, the team is now channeling efforts into expanding the gaming ecosystem with fresh offerings to entice players.
Season 2 on the Horizon
The stage is set for the launch of Season 2 of Hamster Kombat, featuring groundbreaking gameplay elements where players will take on the role of managing their gaming platforms. Building on the first season, where players acted as CEOs of virtual cryptocurrency exchanges, this new season promises to be even more engaging. Fifteen percent of the remaining HMSTR tokens have been allocated for this upcoming season, expected to commence at the month’s end. The founders aim to seamlessly integrate both web2 and web3 experiences, broadening the game’s appeal and accessibility.
Broadening Horizons Beyond Telegram
Looking ahead, the Hamster Kombat team is determined to extend their reach beyond the confines of the Telegram platform, where the game is currently hosted. Collaborations with web2 and web3 developers are underway to form strategic partnerships that will attract a larger player base. These efforts may include sharing assets across different games to enhance the overall gaming experience. Choosing not to seek external investments, the team relies on diversified revenue streams, such as an advertising business on YouTube and Telegram, to finance ongoing development and mitigate any player attrition resulting from initial airdrop dissatisfaction.
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The Market Response
The HMSTR token has witnessed a dramatic decline in market cap, plummeting from $660 million to approximately $255 million in less than a month. Currently trading at $0.004331, the token is down 70.11% from its initial value, prompting many holders to liquidate their assets. Experts suggest that the HMSTR token could potentially fall further to $0.000998, casting doubt on the likelihood of a 1,000% increase by 2025.
While such declines are common post-airdrop, the drop experienced by Hamster Kombat has been more severe compared to Notcoin, another game launched on Telegram. Notcoin’s market cap remains around $840 million, highlighting the volatility and challenges inherent in the crypto gaming landscape.
