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Hamster Kombat announces plans for Season 2, introducing new features to retain token holders amid community backlash and declining HMSTR prices.
Key Notes
Hamster Kombat introduces a feature allowing players to keep their tokens in-game to boost retention.Season 2 promises new features and enhancements that could revitalize player engagement and stabilize the token's value.The HMSTR token has seen significant price drops, with a decline of over 9 percent in the past week.Hamster Kombat, a play-to-earn game on Telegram, has introduced a new feature for its token holders. The project, which has been able to amass more than 300 million users, distributed its airdrop to two-thirds of its players on September 26. However, the token allocation received backlash from many community players, resulting in some withdrawing from playing the game.
The Hamster Kombat team has decided to add a new feature for users that will enable them to keep their tokens in the game instead of withdrawing them. This new option can be accessed from the airdrop section on the platform.
The team hinted at what awaits users who chose not to dump their HMSTR HMSTR $0.0042 24h volatility: 7.7% Market cap: $270.76 M Vol. 24h: $112.72 M token. They revealed to users that Season 2 will boost token holders, implying that new features and improvements will be introduced, enhancing the experience and rewards for those who maintain their tokens. They said:
“We have added an option of keeping your tokens in the game (check the Airdrop section). If you decide to keep your tokens instead of withdrawing them, you’ll be (very) pleasantly surprised! Season 2 will bring a boost to the token holders. Stay tuned! We’ve prepared more exciting features!”
This new update by Hamster has not gone down well, with some users still not happy about how the token was being distributed. A user named “MARINE” expressed his shock that people are still following Hamster Kombat. This user later sarcastically said perhaps the project had found its way around getting people to follow them.
Market Response: Potential for Stabilization and Increased Engagement
The price of the HMSTR token has dropped by over 9% in the past seven days and by over 8% in the last 24 hours. Also, the token’s trading volume in the past 24 hours has depreciated by more than 6% at the time of writing, reflecting some negative sentiment surrounding the token.
However, introducing a new feature that incentivizes players to keep their tokens in the game could reduce selling pressure. If users believe holding their tokens will lead to future rewards or benefits, it could increase demand and stabilize or raise the token price.
Also, the promise made by the team that season 2 will be more exciting and bring a boost to token holders may re-engage players who have felt disappointed in the airdrop distribution. Thus, with more players actively engaged in the ecosystem, it could bring back the initial hype surrounding the HMSTR token, which will be a good one for the token’s value.
If the new phase can gain lots of attention in the social media space, it could lead to a new set of users and investors joining the ecosystem, which could be an advantage to the trading volume of Hamster Kombat’s HMSTR token.
Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.
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Temitope is a writer with more than four years of experience writing across various niches. He has a special interest in the fintech and blockchain spaces and enjoy writing articles in those areas. He holds bachelor's and master's degrees in linguistics. When not writing, he trades forex and plays video games.
