As a seasoned researcher with a keen interest in the dynamic world of cryptocurrencies and blockchain games, I find myself intrigued by the resilience and adaptability shown by the Hamster Kombat community. Despite the recent dip in active user numbers, the overwhelming bullish sentiment among tokenholders is quite remarkable.
Despite a recent decrease in active users for the Telegram Mini App’s Hamster Kombat game, its associated cryptocurrency token is still experiencing growth in popularity.
On November 14th, the Hamster Kombat team disclosed that the daily trade value of their HMSTR token through spot transactions amounted to approximately $1.3 billion, while the volume of continuous trading reached an impressive $4 billion.
As stated by the Hamster Kombat team, at present, more than 239 Yankee Stadiums’ worth of individuals hold these tokens, each one supporting and valuing them.
Community bullish on Hamster Kombat despite recent user drop
Regardless of a decline in users, the overall feelings towards Hamster Kombat within the community remain predominantly optimistic. A survey by CoinMarketCap reveals that about 73% (87,689 participants) express a positive outlook, with 27% showing some level of skepticism or pessimism.
On November 5th, the data revealed a substantial decrease in users for Hamster Kombat. The number of active monthly users plummeted from an all-time high of 300 million in August down to 41 million, marking an alarming decline of 86%.
According to IntoTheBlock’s data, the number of active addresses decreased significantly. It reached a high of more than 700,000 on September 27th, but dropped down to around 20,000 by November 13th.
In the period between September 26 and November 4, the token’s price plummeted from its peak of $0.01 to $0.0022. However, against all odds, HMSTR experienced a minor resurgence, spiking up to $0.004401 on November 14.
User retention requires social and emotional experiences
During Binance Blockchain Week in Dubai on October 30th, CryptoMoon posed a question to experts from The Open Network ecosystem about how they manage the challenge of keeping users engaged. As shared by Sasha Plotvinov, co-creator of Notcoin, this can be achieved by designing games that offer social and emotionally engaging experiences for players.
In simpler terms, the executive emphasized to both the CryptoMoon and Binance Blockchain Week attendees that all games and experiences they develop or contribute to should offer something fresh to the users. Furthermore, Plotvinov highlighted the importance of creating an emotionally engaging experience for users to ensure their long-term involvement.
Read More
- FLOKI PREDICTION. FLOKI cryptocurrency
- CAKE PREDICTION. CAKE cryptocurrency
- OKB PREDICTION. OKB cryptocurrency
- TRB PREDICTION. TRB cryptocurrency
- DMTR PREDICTION. DMTR cryptocurrency
- OM PREDICTION. OM cryptocurrency
- TRAC PREDICTION. TRAC cryptocurrency
- XDC PREDICTION. XDC cryptocurrency
- Dandadan Shares First Look at Season Finale: Watch
- API3 PREDICTION. API3 cryptocurrency
2024-11-14 17:23