Hamster Kombat’s native token HMSTR has jumped 37% in the last 24 hours following hints about an upcoming Season 2 airdrop.
Hamster Kombat’s (HMSTR) official Telegram channel made the announcement.
The overall gains can also be attributed to the surge in the price of Bitcoin (BTC), where the cryptocurrency touched a new all-time high of $80,000. The overall positive market conditions have driven the token’s weekly gains to over 132%.
You might also like: Crypto VC Funding: VLayer touts $10M pre-seed raise
What do we know so far about HMSTR season 2?
The game developers announced on Nov. 9 that token withdrawals would no longer be available.
“All players who kept their $HMSTR tokens in the game will be rewarded,” stated the official announcement, suggesting a strategic approach to incentivize long-term holder loyalty ahead of Season 2’s launch.
They also stated in their announcement that “season 2 is right around the corner.” Season 2 also looks to bring in substantial changes to the gameplay mechanics and economic model.
Season 2 is likely to introduce several key features:
- Virtual gaming studio management
- Custom gaming space creation
- Team member hiring system
- Community-driven game challenges
- Enhanced token economics
Controversy regarding Hamster season 1 airdrop
The platform’s journey hasn’t been without obstacles. Following its Sept. 26, Round 1 airdrop, Hamster Kombat faced major challenges:
- User base declined from 300 million to 49.9 million
- Community backlash over airdrop execution
- Concerns about influencer favoritism
- Controversial anti-cheat system implementations
See below:
Hamster Kombat daily users: IntoTheBlock
Despite the challenges, Hamster Kombat maintains features that set it apart from other Telegram-based crypto games like Notcoin (NOT), Dogs (DOGS), and CATS.
Their hamster news feature provides regular crypto market updates, fostering community engagement and maintaining user interest.
When it comes to the price performance, the NOT price was up over 30%, DOGS was up 39%, and CATS was up by 79% in the last seven days.
Per the rumors, the upcoming Season 2 could be a pivot from the platform’s original focus on cryptocurrency exchange simulation to a more comprehensive gaming ecosystem.
The development team aims to address previous concerns through stabilized token economics, enhanced gameplay mechanics, improved reward distribution, and greater community involvement.
As Hamster Kombat prepares for Season 2, the platform seems focused on addressing the issues that plagued its first season.
Read more: Cardano emerges as a top gainer, BTC nears $80k
