Hamster Kombat Sees $5.3B Trading Volume Amid User Engagement Drop

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Hamster Kombat, a Web3 gaming platform, reported a considerable $5.3 billion in buying and selling quantity for its token (HMSTR) as of Nov. 14.

Hamster Kombat, a Web3 gaming platform, reported a considerable $5.3 billion in buying and selling quantity for its token (HMSTR) as of Nov. 14.

The platform’s day by day spot buying and selling reached $1.3 billion, with perpetual buying and selling hitting $4 billion. Regardless of this spectacular buying and selling exercise, the sport has skilled a major decline in person engagement.
Month-to-month lively customers plummeted from 300 million in August to only 41 million by early November, marking an 86% lower of roughly 259 million customers. This decline is corroborated by information from on-chain analytics platform IntoTheBlock, which famous a drop in lively addresses from over 700,000 in late September to lower than 20,000 by Nov. 13.

The worth of HMSTR has additionally mirrored this downward development, reducing from a peak of $0.01 on Sept. 26 to $0.0022 on Nov. 4.

Regardless of these figures, group sentiment seems resilient. In keeping with L3B7, 73% of 87,689 voters expressed optimism in regards to the token, whereas 27% held a bearish outlook.
The Hamster Kombat crew has attracted a group of 11 million token holders, a quantity likened to “over 239 Yankee Stadiums filled with Hamsters” as an example their rising help.

In the course of the Binance Blockchain Week in Dubai, Notcoin co-creator Sasha Plotvinov emphasised the function of emotional engagement in retaining customers inside Web3 video games.

Talking on the “Telegram Mini Apps and Video games” panel, Plotvinov highlighted that for customers to stay , every sport expertise should really feel novel.

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