659.04K
5.16M
2024-09-13 08:00:00 ~ 2024-09-26 11:30:00
2024-09-27 00:00:00
Total supply100.00B
Resources
Introduction
Hamster Kombat (HMSTR) is an engaging Telegram-based tap-to-earn game where players take on the role of a CEO running a virtual cryptocurrency exchange. The goal of the game is to level up from being a humble "shaved hamster" to the prestigious "grandmaster CEO" of a tier-1 exchange. Players achieve this by tapping on their screens to accumulate in-game currency known as Hamster Coins. HMSTR Total supply: 100,000,000,000 X: https://twitter.com/hamster_kombat Telegram: https://t.me/hamster_kombat
⚡️Hamster News | November 21⚡️ • Trump team considers creating first-ever White House crypto role • MicroStrategy breaks into top 100 US publicly traded companies • FTX co-founder Gary Wang avoids prison time • Arkham Intelligence to launch a spot trading platform in the US… https://t.co/nghyf103fD https://t.co/C8ePkzxfGZ
Hamster Kombat, a Web3-based game, is working to reignite interest among its players after seeing a decline in monthly active users (MAUs). The game, which initially gained massive attention, reached 300 million users in August but has since seen a drop, now retaining around 30 million MAUs. Despite the cooling off, a representative from the team expressed that the decline aligns with their expectations, as the game experiences natural fluctuations in interest. Hamster Kombat’s spokesperson explained that the drop is expected during the transition between seasons, noting that the team is currently preparing for the launch of the second season. Even in this interim period, the game’s MAU number remains strong at over 30 million, indicating sustained engagement. The team aims to reconnect with season one players while also attracting new users. Additionally, the game reported a $1.3 billion daily trading volume and $4 billion in perpetual trading volume for its HMSTR token, alongside 11 million tokenholders. READ MORE: Expert Trader Shares Secrets to Transforming Your Crypto Portfolio The spokesperson emphasized that the game’s large and active player base positions it to compete with other top blockchain projects and to expand into new markets in the future. While Hamster Kombat works to expand its audience, other Telegram Mini Apps are also gaining momentum. Paws, another popular Telegram game, has seen rapid growth, currently boasting 40.7 million MAUs. Blum, a hybrid exchange app offering both centralized and decentralized exchange features, and Major, a task-based app that rewards users with cryptocurrency, are also rising in popularity, further intensifying the competition in the Telegram Mini App space. Source
Hamster Kombat's token, HMSTR, has faced significant challenges despite attracting 300 million active users at its peak. After hitting an all-time high (ATH) of $0.01004 two months ago, the token is now trading at $0.003897, a 61% drop. Although it briefly recovered following Bitcoin’s rally, the price didn’t hold. However, there’s some optimism as trading volume has surged, signaling renewed interest. The game’s popularity took off after its January launch, attracting millions of users and culminating in the launch of the HMSTR token in late September. Unfortunately, issues like airdrop distribution delays and the controversial anti-cheat system led to a sharp price decline after its listing. The game’s active user base also fell dramatically, from 300 million to just 41 million in a matter of months, contributing to the token’s poor performance. Despite recent price declines, HMSTR’s trading volume is on the rise, with a notable increase in the past week, reaching $118.5 million. This surge indicates that user interest may be returning. The token had even seen a brief spike in both spot and perpetual trading volume earlier this month, reaching $1.3 billion in spot and $4 billion in perpetual trades, pushing its price to $0.005938 before it dipped again. READ MORE: Miner Selling Pressure Mounts as Bitcoin Approaches $100K The excitement surrounding Season 2, announced in early November, has fueled renewed hope. The new season promises enhanced features, such as virtual studio management, custom game spaces, and community-driven challenges, which has stirred player enthusiasm. As a result, trading volume spiked following the announcement, and sentiment indicators show that 73% of voters are bullish on the token, while only 23% remain bearish. Additionally, HMSTR has become the second-largest on-chain holder, surpassing even Aptos. With Bitcoin’s broader market rally and positive sentiment, Hamster Kombat’s token may have potential for recovery in the near future.
Web3 game Hamster Kombat plans to “re-engage” with its season one participants and attract new users despite a recent drop in monthly active users (MAU). While the popular Telegram clicker game broke records and reached 300 million users in August, the hype has since cooled , leaving the game with about 30 million MAUs. Still, a spokesperson for Hamster Kombat told Cointelegraph that the drop aligns with their expectations. The Hamster Kombat team said interest rises and falls but will grow again with any project. “Since our project has seasons, this is expected. We’re currently in the interlude period, preparing to launch the second season,” the spokesperson said. “Even during this mid-season phase, our MAU metric remains above 30 million, showing sustained interest.” The spokesperson added that the team is “planning to re-engage” with season one participants while trying to attract new players. Retaining the “core group” of players On Nov. 14, Hamster Kombat reported a $1.3 billion daily spot volume and $4 billion perpetual trading volume for its Hamster Kombat (HMSTR) token. It also reported 11 million tokenholders. The spokesperson told Cointelegraph: “We now have over 11 million tokenholders, allowing us to compete with the top blockchains. We plan to increase the number of holders and enter new markets.” The team said it has retained a “core group” of players of about 30 million, who are actively engaged even after the first airdrop. “That’s more than the entire community of many other projects even before their airdrops,” the spokesperson said. Hamster Kombat expects its audience to grow further as new activities are planned for the future. Related: Hamster Kombat Season 2 lets players become CEOs, build game studios Paws, Blum Telegram games surge While Hamster Kombat works on a comeback, other Telegram Mini Apps are gaining traction. This includes Paws, which has surged in popularity and become one of the fastest-growing Mini Apps on Telegram. At the time of writing, Paws had 40.7 million MAUs, according to Telegram. Highest-ranked Web3 apps on Telegram. Source: Telegram In addition, Blum, a hybrid exchange offering features of both centralized and decentralized exchanges, is emerging as a leading Mini App. Blum also includes a clicker game allowing users to earn points convertible into an airdrop token. Another app, Major, has risen to the top of the Telegram Mini App rankings with 34.9 million MAUs. Major allows users to complete tasks and earn cryptocurrencies. Magazine: Will gaming token ‘enthusiasm’ return this crypto bull run? Web3 Gamer
Hamster Kombat (CRYPTO:HMSTR), the cryptocurrency token linked to the Telegram Mini App of the same name, has recorded a significant $5.3 billion in daily trading volume. According to the Hamster Kombat team, spot trading volume accounted for $1.3 billion, while perpetual trading volume reached $4 billion. The project currently boasts 11 million tokenholders. “It’s over 239 Yankee Stadiums full of hamsters holding the tokens and believing in its value,” the team noted in a statement. Despite a recent decrease in users, community sentiment around Hamster Kombat remains positive. CoinMarketCap data reveals that 73% of 87,689 voters maintain a bullish outlook, while 27% are bearish. This comes after a significant decline in active users, which dropped from a peak of 300 million in August to 41 million by November 5, marking an 86% decrease. IntoTheBlock data also indicated a reduction in active addresses, which fell from over 700,000 on September 27 to just above 20,000 by November 13. The token’s price has seen fluctuations, dipping from an all-time high of $0.01 on September 26 to $0.0022 by November 4. However, a slight rebound occurred, with the price rising to $0.004401 on November 14. At Binance Blockchain Week in Dubai on October 30, experts discussed the challenge of user retention in blockchain-based games. Sasha Plotvinov, co-creator of Notcoin, emphasized the need for social and emotional elements in gaming to maintain user engagement. Plotvinov emphasised that each project aims to provide a “new thing” for users to enhance retention and interaction. At the time of reporting, the Hamster Kombat (HMSTR) price was $0.003753.
Hamster Kombat, the Web3 game built on the Telegram Mini App, has seen a significant surge in its cryptocurrency token despite a recent decline in active users. As of November 14, the game’s token, Hamster Kombat (HMSTR), has reached impressive trading volumes. Daily spot trading for the token has soared to $1.3 billion, while perpetual trading volume has hit $4 billion. The Hamster Kombat team announced that the token now has 11 million holders, a number they likened to filling 239 Yankee Stadiums with “hamsters” who believe in the token’s value. Even though the game experienced a sharp drop in active users recently, the community’s sentiment remains largely optimistic. CoinMarketCap data reveals that 73% of voters are bullish on the token, while 27% have a bearish outlook. This optimism persists despite the game’s active monthly users plummeting from 300 million in August to just 41 million by November 5, a staggering 86% decline. Further data from IntoTheBlock shows that active addresses have also fallen drastically, from over 700,000 on September 27 to just above 20,000 by November 13. READ MORE: Can U.S. Spot Bitcoin ETFs Keep Momentum After Hitting $500 Billion in Trading Volume? Along with the drop in users, the token’s price fell from its peak of $0.01 on September 26 to $0.0022 by November 4. However, the HMSTR token showed signs of recovery, climbing back to $0.004401 on November 14. At Binance Blockchain Week in Dubai, experts discussed the challenges of user retention in Web3 games. Sasha Plotvinov, co-creator of Notcoin, emphasized that retaining users requires creating social and emotional connections within the game, offering experiences that are unique and emotionally engaging. This focus on emotional investment is seen as key to keeping players engaged long-term.
According to Cointelegraph, the Hamster Kombat team reported that its Hamster Kombat (HMSTR) token has a daily trading volume of 5.3 billion US dollars, with a spot trading volume reaching 1.3 billion US dollars and perpetual trading volume reaching 4 billion US dollars. The Hamster Kombat team claims that it currently has 11 million token holders.
Hey Hamsters! 🐹 Crypto markets seem to be going insane! In a good way! All the way up, as they say. BTC ATH, FTX lawsuit against Binance, 2,000% growth for a meme coin, and many more. Let's dive in! 🚀 Watch every video closely to get clues that you can use later
Hamster Kombat’s HMSTR (CRYPTO:HMSTR) token surged by 83% over the past week, driven by excitement over hints of a season 2 airdrop. The announcement, shared on Hamster Kombat’s official Telegram channel, has generated anticipation among users eager for the new season’s rollout. The HMSTR token’s recent gains coincide with Bitcoin’s (CRYPTO:BTC) rise to an all-time high of $82,000, boosting positive market sentiment and fueling HMSTR’s weekly growth. On November 9, the development team halted token withdrawals as part of a strategy to incentivise players holding HMSTR tokens within the game. An official statement assured that these loyal players would be rewarded, demonstrating the platform's commitment to fostering community engagement and long-term holding. Season 2 promises significant gameplay enhancements and revamped token economics. Upcoming features include tools for players to create personalised gaming spaces, a team member hiring system, community-led challenges, and management tools for virtual gaming studios. These changes aim to deepen user interaction and ensure sustainable token value. Despite the enthusiasm, Hamster Kombat has faced challenges since its first airdrop on September 26. User numbers dropped from 300 million to 49.9 million, with backlash over the fairness of anti-cheat systems and allegations of favoritism toward influencers. "Hamster Kombat’s Season 2 won’t succeed unless they fix the big mistake of disqualifying 65%+ of their players. Yes, cheaters should be punished, but their system has failed to spot the real cheaters," stated community member Keyur Rohit on X. The development team has pledged to address past issues by improving gameplay, reward distribution, and token stability. With season 2 set to expand beyond crypto exchange simulations to a more comprehensive gaming ecosystem, Hamster Kombat aims to rebuild trust and engage its community with enhanced features and a better user experience. At the time of reporting, the Hamster Kombat (HMSTR) price was $0.004667.
Hamster Kombat’s token saw massive gains on Saturday. HMSTR surged over 80% to trade at a new daily high. Other Telegram-based game tokens like Catizen and Notcoin surged as well. Hamster Kombat ’s token, HMSTR, printed massive gains today as the broader crypto market rallied following Donald Trump’s historic presidential election win and the Federal Reserve’s move to cut interest rates a quarter percent. According to CoinMarketCap data, the overall crypto market capitalization surged 3.56% in the last 24 hours to reach $2.6 trillion. Bitcoin (BTC), the world’s largest crypto asset, traded at $76,341 at the time of writing, while Ethereum (ETH) and Solana (SOL) exchanged hands at $3,044 and $198, respectively. HMSTR Token Price Surges Latest market data indicated that HMSTR’s price started to experience an astronomical surge on November 9 at around 08:00 (GMT+3), rising from $0.00262 to $0.0042 within a few hours. The token had gained 88% in the last day to trade at $0.0047 at press time. Sponsored HMSTR’s price surge after losing nearly 73% of its value mirrored the performance of other popular Web3 game tokens launched on Telegram, such as Catizen (CATI) and Notcoin (NOT), which have posted intraday jumps of 25.76% and 24.33%, CoinMarketCap data shows. While the massive gains could indicate a positive future for Hamster Kombat, the once viral clicker game is struggling to retain users after a controversial airdrop that saw 2.3 million players banned from the platform for cheating. Per Protos, Hamster Kombat has lost 85% of its 300 million players from its peak months post-launch. The game lost nearly 260 million players in three months despite Telegram CEO Pavel Durov recently teasing it as “the fastest growing digital service in the world.” Despite the alarming player count drop, Hamster Kombat is risking losing more users. The game has yet to launch its second season, which had been promised by the end of October. While its developers might be gearing up for something big, the delay could sow more seeds of doubt among loyal supporters. Read how Hamster Kombat recently distanced itself from Gotbit: Hamster Kombat Clarifies Gotbit Ties Amid Market Manipulation Concerns Stay updated on Binance’s recent “HMSTR Secret Airdrop”: Binance Debuts “HMSTR Secret Airdrop” Ahead of Launchpool and Listing
Cryptocurrency prices jumped sharply as Bitcoin moved close to the important resistance point at $80,000. Other cryptocurrencies like Cardano (ADA), Hamster Kombat (HMSTR), and Catizen (CATI) have all surged by double digits. The market cap of all coins has jumped to over $2.7 trillion. This article looks at top coins like Vantard (VTARD), Cardano, and Hamster Kombat. Hamster Kombat price forecast The Hamster Kombat token price has surged hard in the past few days, ending the recent bear market. This rebound happened after the coin formed a falling wedge chart pattern, a popular bullish signs in the market. The Hamster Kombat token has moved above the 25-period and 50-period Exponential Moving Averages (EMA). Also, the Relative Strength Index (RSI) and the Stochastic Oscillator have all pointed upwards. Therefore, the token will continue rising as bulls target the key resistance level at $0.01, which is about 77% above the current level. A drop below the key support level at $0.0040 will point to more downside to the key support at $0.002. Cardano price prediction The daily chart shows that the ADA price has surged hard in the past few days. It has risen in the past six consecutive days, reaching its highest level since April 9 of this year. It has crossed the important resistance point at the 50% Fibonacci Retracement level. Cardano has formed a golden cross pattern as the 200-day and 50-day moving averages have formed a golden cross pattern. Also, the MACD, Relative Strength Index (RSI), and the Stochastic Oscillators have all moved to their overbought levels. Therefore, the Cardano price will likely continue rising as bulls target the key resistance point at $1. Vantard token sale continues Vantard, an upcoming Vanguard-themed coin, has become one of the best-performing token sales of the year. In less than three weeks, the token is on track to raise over $1 million from investors. Vantard’s token sale has attracted thousands of investors who believe that it could be the next big thing in the crypto industry. For one, it is a coin that aims to replicate the success made by most meme coins, which have continued to outperform the likes of Bitcoin and Ethereum. There are a few important catalysts that could do better when it launches its airdrop in the next few months. First, most meme coins are expected to keep soaring during this meme coin rally. Second, Donald Trump is expected to implement friendly policies that will support the cryptocurrency industry. Third, Vantard will do well because of the Federal Reserve, which is expected to continue cutting interest rates in 2025. It has already slashed rates two times – by 0.75% -, a move that will make it better for investors to allocate cash to meme coins. You can buy Vantard token here .
The rate of the Hamster Kombat cryptocurrency (HMSTR), released by the creators of the game of the same name in Telegram, rose by 134% after Donald Trump won the US presidential election. Hamster Kombat Price started pumping November 9, and in less than a day it more than doubled. On Sunday morning in Moscow, the price of HMSTR reached a record high since the end of September at $0,0059 and then slightly corrected. Hamster Kombat Cryptocurrency Price Rise Over the past three months, the number of players in Hamster Kombat has increased decreased by 260 million to 40 million, and, as many experts believe, the popularity of tapalka will continue to fall, because the second season of the competition promised by the developers has not yet begun. Given these factors, it is obvious that HMSTR tokens have risen in price not due to the activity of gamers, but because of speculators who decided to make money on the pump and dump of the cryptocurrency rate. Hamster Kombat coins started to fall in price immediately after the event airdrop , as most players who received the cryptocurrency as a gift chose to get rid of it. The downward trend continued until November 5, when the HMSTR price bottomed out at $0,0022, more than four times lower than its peak. However, during the Hamster Kombat rate pump, the trading volume of this cryptocurrency increased by 4040% and exceeded $1,1 billion, which is twice the level of coin capitalization. This fact indicates that large cryptocurrency whales have entered the HMSTR market and the level of token rate volatility will remain high.
Cardano (ADA) is experiencing strong buying momentum, reflecting an optimistic sentiment in the crypto market. As ADA shows signs of a potential breakout, traders are closely monitoring its movement at key resistance levels. ADA Key Statistics Current Price: $0.63 Market Cap: $22.11 billion 24h Trading Volume: $3.49 billion Circulating Supply: 35 billion ADA Total Supply: 44.99 billion ADA CoinMarketCap Ranking: #9 Cardano’s (ADA) recent performance shows notable growth , with a 27.84% increase from its recent high and remarkable 97.34% and 96.04% jumps from its 30-day and 7-day lows. ADAUSD Market Key Levels Resistance: $0.68, $0.75, $0.85 Support: $0.54, $0.48, $0.40 ADAUSD – Daily Chart On the ADAUSD daily chart, the technical indicators signal strong upward momentum. The Parabolic SAR dots are positioned below the price, confirming a bullish trend. This suggests that ADA’s current upward trajectory may continue if buying interest remains consistent. The Relative Strength Index (RSI) is currently at a high level of 86, indicating that ADA is in overbought territory. An RSI above 70 typically suggests that the asset may be overbought, signaling the potential for consolidation or a short-term pullback. However, high RSI levels can also indicate strong bullish momentum, especially if ADA breaks through resistance at $0.68. Should it succeed, ADA could test higher targets at $0.75 and possibly $0.85 or even $1. In the event of a retracement due to the overbought RSI, support levels at $0.54 and $0.48 could offer stabilization before a potential renewed upward push. Cardano’s Path to $1: Will ADA Sustain Its Momentum? Cardano (ADA) recently entered a corrective phase after a remarkable rally that made it one of the top performers among major cryptocurrencies last week. This strong performance has prompted renewed interest in ADA’s market dynamics, with analysts pointing to various on-chain indicators that suggest a possible path toward the one-dollar mark. Why Did Cardano Jump 68% in a Week? According to data from IntoTheBlock, whale transaction volume for Cardano spiked by 34%, reaching $11.64 billion. This surge in large transactions signals significant interest from major holders, adding a layer of confidence to the asset’s upward momentum. Recent upgrades within Cardano’s ecosystem, including the Chang Hard Fork, are expected to bolster ADA’s prospects as demand for decentralized solutions grows globally. ADABTC Performance Insight The ADABTC chart shows a strong bullish surge, with ADA climbing over 23% to reach 0.00000796 BTC. The Parabolic SAR dots are now positioned below the price, reinforcing the current uptrend, while the RSI has spiked to 85.38, indicating overbought conditions. This sharp rally suggests a powerful shift in momentum, possibly due to renewed interest in ADA, though the elevated RSI may hint at a potential short-term pullback. ADABTC – Daily Chart In a recent update shared by BlockNews on X, Charles Hoskinson, the founder of Cardano ($ADA), confirmed that he will be collaborating with the Trump Administration in 2025. This announcement marks a significant development for the prominent blockchain figure as he ventures into the political arena. Such a high-profile partnership may also boost the credibility and adoption of the Cardano blockchain, further influencing its market value. Alternatives to Cardano Cardano (ADA) has garnered significant attention for its pioneering approach to blockchain scalability and adaptability, thanks to its dedicated team. Similarly, Pepe Unchained ($PEPU) is making waves in the meme coin space with its innovative vision. The project’s highly successful presale, which has attracted over $26 million in investments, demonstrates market enthusiasm and confidence. By leveraging its own advanced Layer 2 blockchain technology, Pepe Unchained overcomes the limitations of legacy networks like Ethereum. This results in rapid transaction speeds and significantly reduced gas fees, creating an ideal environment for efficient, cost-effective, and seamless experiences. Pepe Unchained ($PEPU) Launching Soon With robust funding, cutting-edge technology, and a growing community, Pepe Unchained is well-positioned to revolutionize the meme coin landscape. As the project continues to build momentum, its solid foundation and innovative approach indicate a bright future, solidifying its position as a leader in the cryptocurrency space. Visit Pepe Unchained . Related News Is It Too Late To Buy ADA? Cardano Price Soars 18% To Flip TRON As 9th-Largest Crypto, And This Might Be The Next Crypto To Explode Hamster Kombat Price Prediction: HMSTR Skyrockets 119% As Pepe Unchained Rockets Past $26 Million In Presale
DWF Labs, perhaps one of the most controversial market-making companies in the cryptocurrency world, seems to have added a new altcoin to its portfolio, and interestingly, this token is in the memecoin class. According to information from Onchain data, DWF Labs recently collected $654,000 worth of Hamster Kombat (HMSTR) tokens from various cryptocurrency exchanges. Following this action by DWF Labs, the HMSTR price has indeed seen an impressive rally, rising by over 90% in the last 24 hours. As of this writing, the HMSTR price is trading at $0.005764. Related News Analytics Company Warns Bitcoin Price is in a Very Critical Place! “Key Decision Zone” At the time of writing, DWF Labs has approximately $15 million in assets in its cryptocurrency wallets, which has seen a $500,000 increase in the past 24 hours thanks to the market rally. The company’s top altcoins include DEXE at $2.60 million, GALA at $2.01 million, and AXL at $1.87 million. *This is not investment advice.
Sui, the MoveVM-based layer-1 blockchain, announced last Thursday that the roleplaying game Samurai Shodown R will be available on its upcoming SuiPlay0X1 handheld gaming device. Samurai Shodown was a classic 1993 Sega fighting game that was re-released as a massive multiplayer online roleplaying game (MMORPG) in 2019. The new Samurai Shodown R is developed by Lumiwave, a blockchain company focused on bringing intellectual property onchain. Anthony Palma, head of gaming partnerships and investments at Mysten Labs, said of the launch: “With Sui’s unique infrastructure, LumiWave is able to deliver a truly seamless Web3 experience, where features like evolving NFTs and in-game asset ownership are not just concepts but fully realized.” Newsletter Subscribe to Blockworks Daily Subscribe Read more: Crypto gaming may be on the cusp of fresh growth Making use of Sui ’s blockchain technology, Samurai Shodown R will come with Web3 features like dynamically evolving NFTs based on player progression and “zkLogins” with familiar Web2 credentials like Facebook and Google. TapSwap launches new Web3 gaming layer to improve tap-to-earn Tap-to-earn games like Notcoin and Hamster Kombat are bogged with problems like user retention, unclear reward structures and plummeting token values. TapSwap is planning to solve that problem with a new Web3 gaming platform , the team announced on Thursday. The so-called “skill-based” gaming platform will see gamers pay an upfront fee using the TAPS token to compete against one another for rewards. TapSwap’s new platform aims to connect gamers with game developers, allowing users to earn rewards in the platform’s native TAPS token while letting developers better monetize their games. Read more: Web3 Watch: Telegram tap-to-earn is the new crypto gaming trend “The classic pattern is a tap-to-earn token losing most of its value immediately after its first listing on a centralized exchange, distorting the incentive to stay with the project for the long run and contribute to healthy ecosystem development,” said Naz Ventura, the founder of TapSwap. “Such outcomes benefit neither the community nor the projects themselves. To address this, TapSwap has built a gaming platform that adds genuine utility and value to the TAPS token, ensuring players are fairly and transparently rewarded.” One interesting stat: Zora has distributed at least 10,321 worth of ETH in protocol rewards to creators, according to a Dune dashboard by J.Hackworth. Also of note: Pudgy Penguins is teaming up with Mythical Games to launch “ Pudgy Party ” in 2025, an upcoming AAA multiplayer battle royale mobile game. Devour, a gamified commerce platform, launched DevourPlay. The platform allows users to play popular games while ordering food directly in-game from US restaurants and earning digital asset rewards. Devourplay has integrated crypto payments via Coinbase Commerce and also features a blockchain-based loyalty program. WineChain, a blockchain-based wine marketplace, announced on Wednesday a partnership with fine wine specialist Alto to bring over 1200 fine wines to its collections. Start your day with top crypto insights from David Canellis and Katherine Ross. Subscribe to the Empire newsletter . Explore the growing intersection between crypto, macroeconomics, policy and finance with Ben Strack, Casey Wagner and Felix Jauvin. Subscribe to the Forward Guidance newsletter . Get alpha directly in your inbox with the 0xResearch newsletter — market highlights, charts, degen trade ideas, governance updates, and more. The Lightspeed newsletter is all things Solana, in your inbox, every day. Subscribe to daily Solana news from Jack Kubinec and Jeff Albus. Tags Gaming NFTs Sui Web3 Watch
On November 9th, in the past hour, DWF Labs has withdrawn approximately 156.44 million HMSTR tokens from the exchange, valued at about $654,000. Market data shows that the price of HMSTR tokens has risen by 60% today.
Crypto billionaires including Coinbase CEO Brian Armstrong and MicroStrategy executive Michael Saylor, as well as Dogecoin enthusiast Elon Musk, are among the elites who have benefited the most from Donald Trump’s win yesterday, with many more poised to gain in future Musk, who was one of Trump’s biggest financial backers, reportedly saw his net worth jump over 7.5%, or $20 billion, in one day to reach about $286 billion. Meanwhile, Coinbase shares surged 31% in the 24 hours after Trump’s election win, boosting Armstrong’s net worth by some $2.6 billion to about $11 billion. Coinbase is the leading US crypto exchange platform, and stands to benefit from a potential tsunami-like surge in trading activity if Trump delivers on his promise to make the US the crypto capital of the world. Saylor, who has led his company’s aggressive accumulation of the largest crypto by market cap, also saw impressive gains in the last 24 hours after BTC set a new all-time high. Saylor gained about $600 million to bring his net worth to about $6.6 billion after MSTR surged 13% to match its yearly high of $258. As the largest corporate Bitcoin holder, MicroStrategy and Saylor could be perfectly positioned for a Trump presidency bull market. Polymarket Whales Gain Millions After Trump Victory, While Fidelity Leads Spot BTC ETF Inflows Crypto whales also made millions of dollars betting on Trump on Polymarket. The biggest account on the platform, known as “Theo4,” earned more than $20.4 million in profits, according to a Nov. 6 X post from Lookonchain. Other whales under the accounts “Fredi9999” and “zxgngl” achieved $15.6 million and $11 million in profit, respectively. US spot Bitcoin ETFs (exchange-traded funds) also benefited from the Trump win. After recording $116.8 million net outflows on Nov. 5, the funds bounced back with $621.9 million inflows yesterday. Fidelity’s FBTC attracted the most capital, with $308.8 million entering its reserves. BlackRock’s IBIT was the only fund to record outflows of $69.1 million yesterday. Although IBIT’s reserves took a slight knock, the fund stands as one of the spot Bitcoin ETFs to gain the most from the Trump win as institutional investors have already shown preference towards the asset management titan’s fund. Major Crypto Players Stand To Gain From A Change In US Regulations Crypto companies operating in the US have been at the mercy of the Securities and Exchange Commission (SEC), which has employed an aggressive regulation-by-enforcement approach to regulate the nation’s digital asset sector. Eager to change the regulatory landscape in the US, big players including Ripple Labs and Gemini’s co-founders, the Winklevoss twins, donated millions of dollars to political action committees backing pro-crypto politicians and candidates. These industry leaders are well positioned to gain after Trump vowed to bring a friendlier regulatory environment for the crypto industry. Ripple Labs might also finally be able to bring an end to its drawn out battle with the securities regulator, and achieve clarity regarding the security status of its XRP token. Overall, the Trump presidency promises to be a catalyst for positive change for the crypto industry that potentially raises all boats. An improved regulatory environment will encourage start-ups and likely attract more institutional interest, which could have a knock-on effect on crypto prices. Related Articles: BlackRock’s Bitcoin ETF Surpasses Berkshire, Visa, Netflix Volumes As Trump Election Victory Triggers A Buying Frenzy Hamster Kombat User Base Plummets 86% Amid Competition From Paws And Political Backlash As HMSTR Token Slumps Dogecoin Price Prediction: DOGE Plunges 7% As Experts Say Consider This Innovative Staking Meme Coin For 100X Gains
Telegram and the separate, decentralized Open Network have the potential to elevate the messaging platform into an all-encompassing application that includes social media, payments, finance, entertainment, gaming, and communication capabilities — much like China's popular WeChat app. According to Gracy Chen, the CEO of exchange and wallet provider Bitget, Telegram's symbiotic relationship with the independent Open Network and its crypto trading features distinguishes the application from competitors and positions it for massive growth. The CEO told Cointelegraph: "I think the crypto adoption is definitely something that makes telegram stand out among other social media, and that's indeed one of the reasons we want to be closer to The Open Network ecosystem." The Bitget CEO also cited the meteoric adoption of Telegram in emerging market economies — particularly among young people in Africa as further evidence of the application's potential to become an everything app used by billions of individuals. Age distribution of Telegram users. Source: Bitget Related: Bitget wallet on Telegram hits 6 million users 3 days after launch Telegram in emerging economies Chen explained that Nigeria and Egypt boast the most significant Telegram adoption among African countries. The CEO revealed that in Nigeria, approximately 54% of individuals adults aged 16-64 were Telegram users. Egypt followed closely behind Nigeria at 53% penetration, according to Chen. Chen told Cointelegraph that Telegram's high adoption rate in African countries was at least partially driven by Telegram's tap-to-earn mini-games, which have become a focal point of the Telegram ecosystem. However, the CEO argued "I don't think that's sustainable. It's more of a short-term effect," and told Cointelegraph that WeChat took a similar approach during its early days to attract and onboard users — who slowly moved away from playing the mini-games but continued to use the messaging application's financial functions and other core features. Age distribution of crypto users. Source: Bitget The Bitget CEO's assertion is corroborated by the sharp decline of Hamster Kombat players. As of November 5, 2024, the popular Telegram tap-to-earn game lost 86% of its player base after the game's popularity peaked in July 2024 at over 300 million users. In October 2024, crypto trading firm and liquidity provider GSR released a report highlighting The Open Network's potential to drive mainstream adoption of crypto and decentralized finance. Researchers for GSR likewise argued that the interplay between The Open Network and the Telegram messaging app provides a compelling avenue to onboard the general population to the digital asset ecosystem. Magazine: We took an ETHSafari to see how crypto is working out in Africa
⚡️Hamster News | November 7⚡️ • Bitcoin rises above $75,000 post US election • Polymarket’s French trader makes $48 million on bets • SEC's Gary Gensler might resign after Trump's win: analysts • Arkham Research launches crypto exchange and many more 🚀 Watch every video closely to get clues that you can use later
Hamster Kombat, once a popular game on Telegram, has seen a huge drop in players. In August, it had 300 million users, but now only 41 million people play the game, a decrease of 86%. At the same time, a new game called Paws has quickly gained popularity. It reached 20.5 million users in just eight days, growing faster than Hamster Kombat did. The number of active players in Hamster Kombat has also dropped. In late September, the game had around 772,000 active players, but that number has since fallen by more than a third. The price of Hamster Kombat’s token, HMSTR, has also dropped significantly, losing almost 70% of its value since late September. This reflects the drop in user activity and interest in the game. READ MORE: Could Ethereum Follow Amazon’s Path to Dominance? Other Telegram games, like the Dogs token, are facing similar declines. The value and activity for those tokens have also dropped in recent months. Hamster Kombat has faced some negative attention, including criticism from the Iranian government and rumors of being banned in Uzbekistan, though those rumors were false. Despite this, the team behind the game plans to add new features, like NFTs and a payment system. In contrast, the new Paws game is growing quickly. It reached 10 million connected wallets and 1 million followers on social media within just a few days. Source
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