Hamster

Notcoin

bullish

Hamster Kombat

Dubai

The cryptocurrency token for the Telegram Mini App Hamster Kombat continues to gain traction, even as the Web3 game recently saw a drop in its user numbers.
On Nov. 14, the Hamster Kombat team <a data-ct-non-breakable="null" href="https://t.me/hamster_kombat/338" rel="nofollow noopener" target="_blank" text="null" title="https://t.me/hamster_kombat/338">reported</a> that daily spot trading volume for its Hamster Kombat (HMSTR) token had reached $1.3 billion, with perpetual trading volume hitting $4 billion.
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 <img alt="Telegram, Games, Hamster Kombat" src="https://s3.cointelegraph.com/uploads/2024-11/01932ac2-a38d-7d98-a668-348826dc37f3" title="">
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 Onchain tokenholders comparison. Source: Hamster Kombat
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According to the Hamster Kombat team, there are currently 11 million tokenholders. “It’s over 239 Yankee Stadiums full of hamsters holding the tokens and believing in its value,” the team wrote in a statement.
<h2 id="community-bullish-on-hamster-kombat-despite-recent-user-drop">Community bullish on Hamster Kombat despite recent user drop</h2>
Despite the recent drop in users, community sentiment remains largely positive. Data from CoinMarketCap <a data-ct-non-breakable="null" href="https://coinmarketcap.com/currencies/hamster-kombat/" rel="nofollow noopener" target="_blank" text="null" title="https://coinmarketcap.com/currencies/hamster-kombat/">shows</a> that 73% of the 87,689 voters are bullish on Hamster Kombat, while 27% expressed bearish sentiment.
On Nov. 5, data showed a significant drop in users. Hamster Kombat’s active monthly users had fallen from a peak of 300 million in August to 41 million — <a data-ct-non-breakable="null" href="https://cointelegraph.com/news/hamster-kombat-decline-telegram-game-competition-rise-of-paws" rel="" target="_self" text="null" title="https://cointelegraph.com/news/hamster-kombat-decline-telegram-game-competition-rise-of-paws">a drop of 86%</a>.
Data from IntoTheBlock also showed a decline in active addresses, which peaked at over 700,000 on Sept. 27 but had fallen to just <a data-ct-non-breakable="null" href="https://app.intotheblock.com/coin/HMSTR/deep-dive?group=network&amp;chart=all" rel="nofollow noopener" target="_blank" text="null" title="https://app.intotheblock.com/coin/HMSTR/deep-dive?group=network&amp;chart=all">above</a> 20,000 by Nov. 13.
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 <img alt="Telegram, Games, Hamster Kombat" src="https://s3.cointelegraph.com/uploads/2024-11/01932ac2-2684-7e8a-8f60-a1867d9623d6" title="">
 <figcaption style="text-align: center;">
 Hamster Kombat active addresses. Source: IntoTheBlock
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Meanwhile, the token’s price dropped from an all-time high of $0.01 on Sept. 26 to $0.0022 on Nov. 4. Despite this, HMSTR saw a slight recovery as it pumped to $0.004401 on Nov. 14.&nbsp;
Related: <a data-ct-non-breakable="null" href="https://cointelegraph.com/news/hamster-kombat-season-2-ceo-mode" rel="null" target="null" text="null" title="null">Hamster Kombat Season 2 lets players become CEOs, build game studios</a>
<h2 id="user-retention-requires-social-and-emotional-experiences">User retention requires social and emotional experiences</h2>
At the Binance Blockchain Week held in Dubai on Oct. 30, Cointelegraph asked professionals from The Open Network ecosystem how they approach the challenge of user retention. According to Notcoin co-creator Sasha Plotvinov, retaining users requires creating social and emotional experiences within games.&nbsp;
<figure>
 <img alt="Telegram, Games, Hamster Kombat" src="https://s3.cointelegraph.com/uploads/2024-11/01932ac1-b091-7a29-9edc-fa017f07cf2a" title="">
 <figcaption style="text-align: center;">
 Telegram Mini Apps and Games panel at the Binance Blockchain Week. Source: Cointelegraph
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The executive told Cointelegraph and the Binance Blockchain Week audience that every game or experience they’ve created or helped create had to be a “new thing” for users. Plotvinov added that user retention and engagement require an emotional touch and experience.&nbsp;
Magazine: <a data-ct-non-breakable="null" href="https://cointelegraph.com/magazine/web3-crypto-gaming-tokens-chiliz-farm-tap-review-web3-gamer/" rel="null" target="null" text="null" title="null">Will gaming token ‘enthusiasm’ return this crypto bull run? Web3 Gamer</a><advertisement>
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Hamster Kombat records $5.3B in daily volume, 11M tokenholders

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