Hamster Kombat’s Rapid Decline: 260 Million Players Lost in Three Months

Once hailed as the biggest crypto project in history, Hamster Kombat has seen a dramatic fall, losing almost 260 million users in the span of just three months.

The steep decline began following a disappointing airdrop, where global players who had engaged in the project for months received only small amounts of “crypto dust,” leading to widespread dissatisfaction. The data on Hamster Kombat’s player drop was released by ICO Drops, a key tracker of upcoming Initial Coin Offerings and an important resource for the crypto community.

The official ICO Drops X account disclosed these numbers, highlighting a steep decrease in engagement for the once-popular play-to-earn project.

“Hamster Kombat has lost almost 260 million players in just three months,” tweeted ICO Drops. “The tap-to-earn Telegram game, which once claimed a user base of 300 million in August, now stands at around 41 million monthly active players. The token, which initially launched at $0.009993 on September 26, has since fallen 76% to $0.002392.”

Hamster Kombat’s global player base has plummeted by 86%, dropping from over 300 million users to roughly 41 million as of November 2024.

Hamster Kombat’s Airdrop Fallout

This rapid decline serves as a case study on how the strength of many crypto projects depends heavily on their community. Once a project loses its core supporters, token value can plummet, setting the project on a downward trajectory.

The airdrop event has been identified as a primary factor in Hamster Kombat’s struggles. Millions of users received only “crypto dust,” an amount too insignificant to reflect their months of dedication. This disappointing outcome triggered a mass exodus of players, with nearly 260 million leaving the project in the last three months.

In addition to poor airdrop rewards, the event was plagued by delays and technical issues that frustrated players further, accelerating the loss of its user base. This fall from grace has raised questions about the credibility of play-to-earn games and their sustainability within the crypto industry.

Key Takeaways

While Hamster Kombat experienced a major setback, Notcoin remains one of the most successful play-to-earn crypto projects on Telegram in terms of airdrop size and reward value. Many play-to-earn initiatives have tried to replicate Notcoin’s success, but most, including Hamster Kombat, have struggled to maintain momentum.

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In particular, many Nigerian players received only minimal rewards, with some getting less than $10 for their months of involvement.