Hamster Kombat Hits $5.3 Billion in Daily Trading Volume
Web3 game defies odds with record trading volume despite decline in user base
The Telegram Mini App game, Hamster Kombat, has stunned the crypto world by achieving an impressive $5.3 billion in daily trading volume, even as it faces a significant drop in user engagement. The game’s native token, Hamster Kombat (HMSTR), recorded $1.3 billion in daily spot trading and an additional $4 billion in perpetual trading on Nov. 14, underscoring strong market interest.
Hamster Kombat boasts an impressive 11 million tokenholders—a number the team colorfully compared to “over 239 Yankee Stadiums full of hamsters.” Community support remains high despite the game’s challenges, with CoinMarketCap data showing that 73% of 87,689 voters are bullish on the token, while 27% remain cautious.
The game saw a massive drop in active users, plummeting from 300 million monthly users in August to 41 million by early November, marking an 86% decline. Blockchain data from IntoTheBlock also highlights this trend, revealing a steep decrease in active wallet addresses from a peak of 700,000 in late September to just over 20,000 by mid-November.
Hamster Kombat’s token price also experienced turbulence, dipping from its all-time high of $0.01 in late September to $0.0022 on Nov. 4. However, on Nov. 14, HMSTR showed signs of recovery, rallying to $0.004401, driven by resilient community backing and high trading activity.
Despite the recent setbacks, Hamster Kombat’s enormous trading volume demonstrates the ongoing interest in Web3 games and the strong community appeal of this unique, hamster-themed crypto project.