Join Our Telegram channel to stay up to date on breaking news coverage
Hamster Kombat, a once wildly popular Telegram clicker game, has suffered an 86% slump in its user base amid competition from new app Paws and a political backlash.
In August, the tap-to-earn game had more than 300 million users, a number that has since imploded to around 41 million.
Hype Around Hamster Kombat Takes A Knock
The number of active Hamster Kombat addresses peaked at 772,300 on Sept. 27. User activity has since plummeted, however, experiencing an over 36% drop in the past week. Meanwhile, investors have also lost interest in the project’s native HMSTR token.
HMSTR has dived almost 70% from the all-time high of $0.01 that it set on Sept. 26 to a new all-time low around $0.002263 on Nov. 3. Despite recovering 4% since reaching this low, the altcoin is still down more than 67% from its all-time high.
Data from CoinGecko shows the token also registered a 24-hour loss to trade at $0.002376 as of 8:33 a.m. EST.
Adding to Hamster Kombat’s woes is criticism the project faced from Iranian government officials. Rumors of bans in Uzbekistan also started to circulate, but these have since proven to be inaccurate.
New Telegram Mini App Paws Gains Traction At A rapid Pace
While Hamster Kombat struggles, a newly launched Telegram mini app by the name of Paws has seen its popularity surge. In just the last 8 days, the new app has surpassed Hamster Kombat’s growth trajectory after it reached 20.5 million users in its first eight days.
More than half of this growth happened in just the first two days after the app’s launch.
BREAKING: PAWS is one of the faster growing Telegram MiniApps ever, they surpassed 11M users in just 2 days & currently have 20,5M users after being live for only 8 days.
It’s probably nothing… 🐾👀 pic.twitter.com/fBuazaZCMQ
— Viktor 🐯🧡 (@s0meone_u_know) November 4, 2024
The Paws team said in a Nov. 4 announcement in the project’s Telegram channel that 10 million wallets had connected to the app. It added that the project’s X account reached 1 million followers as well.
Related Articles:
Most Searched Crypto Launch – Pepe Unchained
- Layer 2 Meme Coin Ecosystem
- Featured in Cointelegraph
- SolidProof & Coinsult Audited
- Staking Rewards – pepeunchained.com
- $10+ Million Raised at ICO – Ends Soon
Join Our Telegram channel to stay up to date on breaking news coverage
Credit: Source link
