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Hamster Kombat Season 2 Prepares for Launch Despite HMSTR Token Decline

Barbara Streisand
Release: 2024-10-18 00:44:12
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The creators of the Telegram-based game Hamster Kombat are gearing up for an exciting second season while grappling with a significant decline in their HMSTR token.

Hamster Kombat Season 2 Prepares for Launch Despite HMSTR Token Decline

The creators of Hamster Kombat are preparing for an exciting Season 2 while also dealing with a significant drop in the price of their HMSTR token.

Despite a recent selloff that saw the token’s price and market cap drop substantially, the team remains optimistic, citing high trading volumes and robust market participation.

Token Troubles Post-Airdrop

Following a massive airdrop last month that reached 131 million users, many players expressed disappointment over the amount and value of tokens received.

The Hamster Kombat team touted the airdrop as the largest in crypto history, with over 300 million sign-ups for the game. However, they encountered problems with cheating and ultimately banned offenders to maintain integrity.

HAMSTERS ARE THE NEW WHALES? The new chapter of Hamster Kombat is just around the corner, and all the CEOs will be managing new businesses very soon.? Together we will be building a gaming platform, hiring employees, and producing new gaming hits! pic.twitter.com/NrBiN8GrPa

Despite the HMSTR token losing 70% of its value, the founders noted that this price fluctuation is a natural response to supply and demand.

They acknowledged that many are choosing to sell their tokens, but the founders are now focused on expanding the ecosystem with new offerings to entice players.

Season 2 on the Horizon

Hamster Kombat is preparing to launch Season 2, which will introduce innovative gameplay elements where players will manage their own gaming platforms.

This season will build upon the first, where players acted as CEOs of virtual cryptocurrency exchanges. The founders have allocated 15% of the remaining HMSTR tokens for this upcoming season, which is expected to begin later this month.

They also aim to integrate the game with both Web2 and Web3 experiences, expanding the game’s reach.

Broadening Horizons Beyond Telegram

In the future, the Hamster Kombat team aims to go beyond the Telegram platform, where the game is currently hosted.

They are working with Web2 and Web3 game developers to forge partnerships that could attract more players, such as sharing assets across different games to enhance the experience.

Having opted not to seek external investors, the team claims to have multiple revenue channels, including an advertising business on YouTube and Telegram.

This revenue will be used to fund further development and may help offset any player loss following the disappointment with the airdrop.

The Market Response

The HMSTR token has witnessed a drastic decline in its market cap, dropping from $660 million to around $255 million in less than a month.

Currently trading at $0.004331, the token has fallen 70.11% from its initial value, leading many to sell their holdings.

According to experts, HMSTR could potentially fall further to $0.000998, making a 1,000% increase by 2025 unlikely.

This decline, while expected after an airdrop, has been steeper than that of Notcoin, another game launched on Telegram.

However, Notcoin’s market cap still hovers around $840 million, highlighting the volatility and challenges present in the crypto gaming landscape.

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