The post Hamster Kombat Struggles: Can It Compete with Paws? appeared first on Coinpedia Fintech News
Hamster Kombat, a telegram based game that had a massive 300 million active users in August has witnessed an eye-watering 86% drop to now 39.61 million. Once it was the talk of the crypto town and now people are stealing eyes from it. What caused this lack of interest from its users who spent months to farm $HMSTR airdrop, let’s explore.
A Decline Steeper Than Expected
Things started going downhill after its peak on September 27, when active addresses hit 772,330. But today, that number has plunged by a shocking 98.46%, sitting at just 11,860. If that wasn’t alarming enough, a 36% dip happened just within the last week. It paints a bleak picture for the game. The HMSTR token has been hit just as hard, tumbling from its all-time high of $0.01004 to a measly $0.0024. To make matters worse, about 99% of holders are now stuck “out of the money.”
It’s not just the
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