Famously Hyped Hamster Kombat Game Plummets as Its Previous Schemes Backfire.
The overly hyped game app has recently received a plunge. Crypto community stirs up as speculations increase within the space.
Hamster Kombat has experienced a dramatic decline, losing nearly 260 million players in just three months. The “tap-to-earn game”, once boasted a massive user base of 300 million in August. However, the game’s active monthly player count has plummeted to approximately 41 million. Corresponding to the situation, its token, HMSTR, which launched at $0.009993 on September 26, has suffered a staggering 76% drop, currently trading at around $0.002392.
Initially hailed by Telegram’s CEO as “the fastest-growing digital asset in the world,” Hamster Kombat was envisioned as a pioneering mini-app designed to introduce blockchain technology to a broader audience. However, the game’s lackluster execution, characterized by poor AI art and monotonous gameplay has alienated many users.
Hamster Kombat Voices Players’ Discontent
Several factors caused the game’s decline. Reports from Nigerian media highlight a widespread sense of betrayal among players, particularly concerning the game’s token airdrop. Many players discovered that, despite significant time investment, they could only sell their HMSTR tokens for minimal amounts.
In addition, the game faced criticism for frequently delaying airdrops, and unfairly disqualifying players due to a new anti-cheat system, which further led to the banning of about 2.3 million users and the seizure of 6.8 billion HMSTR tokens.
Hamster Kombat’s reputation took further blows when it drew the attention of government officials. In Iran, a military deputy chief suggested the game was a distraction for voters and named it a “soft tool” used by Western powers against the nation’s religious government. Russia’s lawmaker called for a ban on the game, branding it a scam.
In light of these controversies, Hamster Kombat recently attempted to distance itself from Gotbit, a company that accused of manipulation by the SEC. To clarify its position and reassure its users and stakeholders, the organization posted a disclaimer outlining its stance regarding the situation.
Despite its promising start, the combination of gameplay issues, market manipulation allegations, and government scrutiny has led to a massive loss of player trust. Hamster Kombat has faced a dramatic decrease in engagement as it falls from its grace.
