Hamster Kombat, the once touted biggest crypto project in history has become a shadow of itself losing nearly 260 million players in the space of three months.
Hamster Kombat’s shocking drop stems from a disappointing airdrop where global players got crypto dust after many months of actively engaging in the project.
The numbers on the Hamster Kombat decline were revealed by ICO drops, an important curator of upcoming Initial Coin Offerings, and an important resource for the crypto community.
The ICO drop X handle shared the numbers of the decline while sharing other details on the popular play-to-earn project.
“Hamster Kombat lost nearly 260 million players in just three months Hamster Kombat, the tap-to-earn Telegram game that boasted a massive 300-million-strong user base back in August, has reportedly shed 259 million players.
The game’s active monthly player count currently stands at almost 41 million and its token, which launched at a high of $0.009993 on September 26, has dropped by 76% to $0.002392 today.” ICO drops tweeted
The global player base of Hamster Kombat has experienced an 86% drop from over 300 million players to about 41 million in November 2024.
Hamster Kombat’s shocking drop is a case study of how most crypto projects are merely as strong as the community backing them. Once a crypto project loses its community, the value of its token drops and the project goes down the hill.
Hamster Kombat’s fall from grace dealt a huge blow to the credibility of Play to Earn games and their continued viability in the crypto space.