Hamster Kombat’s token has experienced a significant decline following the viral mini-game’s airdrop of millions of tokens to users.
Recent trading data indicates that Hamster Kombat (HMSTR) has fallen nearly 60% since its token generation event and exchange listing on September 26. Initially, HMSTR was priced at around $0.012 on various trading platforms.
As of now, the cryptocurrency’s value has dropped to less than $0.0058 and has consistently decreased since the end of September.
Hamster Kombat surged in popularity as a mini-game on The Open Network (TON) and private messaging app, attracting over 150 million logins despite initial listing delays. This made it a contender against other projects like Notcoin (NOT).
However, following the listing, the community surrounding the web3 game has begun to dwindle, with users departing from the project’s Telegram group and other social media channels as HMSTR’s market price plummets. Many participants have attributed the declining interest to what they perceive as a disappointing airdrop experience.
While over 131 million accounts were eligible for the HMSTR distribution, feedback from users indicated dissatisfaction with their individual token allocations. Shortly before the token’s listing, public sentiment even suggested a potential boycott, and reactions after the distribution echoed similar frustrations.
In response to the challenges faced, the anonymous development team remains committed to advancing the TON-powered blockchain game. Recently, they updated the roadmap to include plans for non-fungible token (NFT) support, alongside a forthcoming web app designed for both desktop and mobile users, NFT integration, and a second round of airdrops dubbed “Season 2.”
