BanklessTimes
Home News Hamster Kombat Reaches 240 Million Users in Record Time

Hamster Kombat Reaches 240 Million Users in Record Time

Daniela Kirova
Daniela Kirova
Daniela Kirova
Author:
Daniela Kirova
Writer
Daniela is a writer at Bankless Times, covering the latest news on the cryptocurrency market and blockchain industry. She has over 15 years of experience as a writer, having ghostwritten for several online publications in the financial sector.
July 5th, 2024

Pavel Durov, the cofounder of Telegram, shared that Hamster Kombat has rapidly become the fastest-growing digital service worldwide, attracting 239 million users to the Telegram mini app within just three months.

According to Durov’s Telegram post, Hamster Kombat achieved 100 million monthly users in only 73 days, with 4-5 million new users joining the play-to-earn game daily.

The trend of tap-to-earn games on Telegram is gaining momentum, with another game called TapSwap also gaining popularity.

What’s behind the success of Telegram games?

Telegram has more than 900 million users. It has facilitated the development of mini-apps that function within its ecosystem. In the Hamster Kombat and TapSwap apps, users can tap a button to increase their coin earnings.

Hamster Kombat offers daily login rewards to encourage regular app use. Users can boost their token holdings by choosing exchanges, inviting friends, and watching videos.

Currently, these play-to-earn tokens cannot be exchanged for other assets, including fiat currencies. However, the HMSTR token is anticipated to be listed in July 2024, which would make it likely available on major exchanges such as Binance and Coinbase.

Durov has further fueled the excitement by assuring that Hamster’s team will soon start minting its token on TON and introducing the benefits of the blockchain to hundreds of millions of users. He also mentioned that Hamster Kombat is leading the pack of Telegram mini apps and its popularity reflects Telegram’s potential.

Hamster Kombat vs. Notcoin

Notcoin, a highly successful Telegram play-to-earn game, has sparked optimism for the HMSTR token and the overall play-to-earn market. Despite being listed less than two months ago, Notcoin’s token NOT has been distributed to over 11.5 million users, and its market cap has exceeded $2.5 billion.

However, things took a downturn for NOT recently. On July 5, the NOT token plummeted to its lowest point in over a month, and it is currently down by over 65% from its all-time high.

The decline in Notcoin’s price can be attributed to various factors, including increased competition in the tap-to-earn market, exemplified by projects like Hamster Kombat.

Contributors

Daniela Kirova
Writer
Daniela is a writer at Bankless Times, covering the latest news on the cryptocurrency market and blockchain industry. She has over 15 years of experience as a writer, having ghostwritten for several online publications in the financial sector.