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Searches For Hamster Kombat Overtake Bitcoin: The Rise of Telegram Gaming in Asia

Crispus Nyaga
Crispus Nyaga
Crispus Nyaga
Author:
Crispus Nyaga
Writer
Crispus is a financial analyst with over 9 years in the industry. He covers cryptocurrencies, forex, equities, and commodities for some of the leading brands. He is also a passionate trader who operates his family account. Crispus lives in Nairobi with his wife and son.
September 3rd, 2024
Editor:
Ruby Layram
Fact Checker:
Ruby Layram
Fact Checker:
Ruby Layram

Hamster Kombat, the viral Telegram tap-to-earn game, has become one of the most popular platforms this year.

It has gained over 37 million YouTube subscribers in the past four months, with its videos being viewed over 1.1 billion times. This makes it more popular than some of the most high-profile YouTubers. 

Hamster’s X page has over 14 million followers, while its Telegram profile has more than 20 million members. 

Hamster Kombat has passed many players in the blockchain industry in terms of popularity. In recent months, its Google search has overtaken that of popular coins like Bitcoin, Solana, Cardano, and Polkadot.

What is Hamster Kombat?

Hamster Kombat is a well-known tap-to-earn game that lets users accumulate tokens, which they can convert into fiat currencies. At its peak, it had over 300 million users worldwide, making it more popular than Bitcoin, which is estimated to have 45 million holders. It also had over 50 million daily active users

Hamster Kombat’s developers launched its token generation event in September, which valued the token at over $660 million. While the coin has dropped substantially since the airdrop, it maintains a valuation of $370 million, making it one of the biggest gaming cryptocurrencies

Users are drawn to Hamster because of the potential for financial reward. Besides, many crypto holders have become millionaires when the tokens jumped. For example, the Winklevoss Twins have made a fortune for being some of the earliest Bitcoin buyers. 

Hamster has also become popular because of the substantial number of Telegram users globally. Telegram has over 900 million active users, who love the platform for its end-to-end encryption and the fact that it is not highly censored. 

The Rise of Hamter Kombat in Asia

Asia is one of th most continents populated globally with over 4.9 billion people. Most of these people are young, well-educated, and highly interested in the crypto industry.

Data also shows that the majority of Telegram’s users are from the continent, with India leading the way. The other top Asian countries are Indonesia, Vietnam, Turkey, the Philippines, and Malaysia. 

A closer look at Google search data shows that most of the searcher for Hamster Kombat in the last 90 days was from the region. 

Bhutan, a small country in the Southeast Asian region, was one of the network’s top searchers. The other top searchers were Pakistan, Myanmar, Nepal, and Iran.

In terms of users, however, data shows that India leads with over 14 million users, followed by Indonesia, Pakistan, Bangladesh, Philippines, and Vietnam. Highly populated countries tend to have more users. 

The future of Telegram gaming

While Hamster is the biggest player in the Telegram gaming industry, it is not the only one. Other popular games, such as Gamee, Catizen, GOATS, Lost Dogs, and NOTAI, have accumulated hundreds of millions of users.

Analysts expect Telegram gaming, especially in Asia, to continue growing in the next few years for three main reasons.

First, Telegram has a large user base of almost 1 billion people who are easily accessible by developers. It also has the TON Blockchain, a fast and low-cost Ethereum rival that can handle thousands of transactions per second. 

Second, the success of games like Hamster and Catizen will incentivize more developers to launch more innovative games in the industry. Also, many Asians will participate in these games to make money when they eventually list in exchanges.

Third, the unemployment rate in many Asian countries is significantly higher than in most developed countries. As such, most of the unemployed youth will continue using these mini applications to make extra money.

Hamster Kombat and other Telegram’s tap-to-earn games have become highly common among many enthusiasts. Some of them have even become more popular than Bitcoin, a cryptocurrency valued at over $1.2 trillion. The industry is still in its infancy and will continue growing in the next few years. 

Contributors

Crispus Nyaga
Writer
Crispus is a financial analyst with over 9 years in the industry. He covers cryptocurrencies, forex, equities, and commodities for some of the leading brands. He is also a passionate trader who operates his family account. Crispus lives in Nairobi with his wife and son.