Hamster combat, the once acclaimed largest cryptocurrency project in history, has diminished significantly, with nearly 260 million participants lost within a span of three months.

The substantial decline in Hamster combat’s player base can be attributed to a disappointing distribution of rewards, where global participants received minimal cryptocurrency rewards after actively participating in the project for many months.

The statistics regarding the decline in Hamster combat were disclosed by ICO Drops, a prominent selector of upcoming initial coin offerings and an essential source of information for the cryptocurrency community.

The ICO Drops handle shared data on the decrease in participants, along with other pertinent information about the popular “play-to-earn” project.

“Hamster combat has seen a loss of approximately 260 million participants in just three months. Initially boasting a massive user base of 300 million in August, the game now reportedly has 41 million active monthly players. The token, which commenced at a value of $0. 009993 on September 26, has plummeted by 76% to $0. 002392 today,” tweeted ICO Drops.

The international participant base of Hamster combat has dwindled by 86%, decreasing from over 300 million players to around 41 million by November 2024.

The decline in Hamster combat’s player base serves as an illustrative example of how the success of most cryptocurrency projects relies heavily on the strength of their respective communities. When a cryptocurrency project loses its community, the value of its token decreases and the project deteriorates.

Hamster Kombat’s token airdrop event has been its major downfall. Millions of hamster combat participants obtained what is considered cryptocurrency residue. The airdrop incentives were minimal and failed to adequately acknowledge the extensive engagement of millions of players over several months. The underwhelming airdrop event triggered a significant departure of players from the hamster kombat project. The mass departure resulted in approximately 260 million players exiting the hamster combat project within a span of 3 months. Moreover, the hamster combat airdrop event faced multiple delays and technical issues, compounding players’ frustration. The decline of hamster combat significantly impacted the credibility of play-to-earn games and their sustained relevance in the cryptocurrency sector.