- November 5, 2024
- Posted by: admin
- Category: BitCoin, Blockchain, Cryptocurrency, Investments
The post Hamster Kombat Crashes: Massive User Drop and Token Value Plunge Amid Controversy appeared first on Coinpedia Fintech News
Hamster Kombat, once the largest mini-game on Telegram with 300 million accounts, has experienced a significant drop in activity. Monthly active accounts have fallen to about 41 million. The game’s token, HMSTR, has lost 76% of its value, dropping from a high of $0.009993 on September 26 to just $0.002392 now.
Earlier this year, Telegram’s CEO hailed Hamster Kombat as “the fastest-growing digital service in the world.” However, many players in Nigeria feel let down after delays in token airdrops and unfair disqualifications from the game’s new anti-cheat system. Reports indicate that 2.3 million users were banned, and 6.8 billion HMSTR tokens were confiscated, adding to player dissatisfaction.