Hamster Kombat loses 5.7M Telegram subscribers

Hamster Kombat (CRYPTO:HMSTR) faced a significant decline in October as its Telegram subscriber count dropped from 60.7 million to 55 million, according to Tgstat data. 

This reduction represents an average daily loss of over 200,000 subscribers. 

Despite the decline, the game’s Telegram announcement channel remains among the most subscribed. 

Interest in the game also fell sharply on Google Trends, where search interest for “Hamster Kombat” dropped from a peak score of 100 in September to just 3 points in October. 

The decline followed community dissatisfaction over an airdrop campaign, which led to criticism from users. 

A notable community member, Crypto with Khan (SFZ), urged others to take action, saying, “I am unfollowing @hamster_kombat on every single social media platform. Now it’s your turn to unfollow them and show the world that no other project should dare to treat their community this way.” 

Even with a newly revealed roadmap that plans to introduce NFT integration and new gameplay elements by the end of the year, the enthusiasm remains low. 

The price of Hamster Kombat’s native token, HMSTR, fell by over 8% on October 23 to $0.003, reflecting a drop in market capitalization from $600 million to approximately $218 million. 

Trading volume also decreased significantly from $200 million in September to around $50 million in October. 

Other tokens in the tap-to-earn category, such as Notcoin (CRYPTO:NOT), Baby DogeCoin (CRYPTO:BABYDOGE), and Catizen (CRYPTO:CATI), experienced similar declines ranging from 15% to 20% during this period. 

Meanwhile, investors appeared to shift their focus towards other sectors like meme coins and AI tokens, indicating a change in market sentiment.

At press time, the Hamster Kombat price was $0.003385.