The Hamster Kombat token (HMSTR) continues to show strong trading activity despite a notable drop in user engagement within its Web3 game on Telegram.
On November 14, the Hamster Kombat team declared an outstanding $1.3 billion in daily spot trading volume and $4 billion in perpetual trading volume for HMSTR.
As of now, Hamster Kombat has amassed a community of 11 million tokenholders. The team playfully compared this number to “over 239 Yankee Stadiums full of hamsters,” symbolizing strong community belief in the token’s value.
However, analytics indicate a significant decline in user engagement. Monthly active users fell from 300 million in August to 41 million as of early November, representing an 86% reduction, or 259 million users.
On-chain analytics platform IntoTheBlock also reported a decrease in active addresses, from over 700,000 in late September to under 20,000 on November 13.
The token’s price reflects this trend, falling from a high of $0.01 on September 26 to $0.0022 on November 4. Despite the recent decline in users, community sentiment remains largely positive. CoinMarketCap data indicates that 73% of the 87,689 voters are optimistic about Hamster Kombat, while 27% hold a bearish outlook.
At Binance Blockchain Week in Dubai, Notcoin co-creator Sasha Plotvinov highlighted the importance of emotional engagement to retain users in Web3 games.
Speaking at the “Telegram Mini Apps and Games” panel, Plotvinov emphasized the need for social and emotional experiences to maintain user interest, noting that each game experience must feel “new” to sustain engagement.
Also Read: Hamster Token (HMSTR) Falls 65% from All-Time High
