The Telegram games have gained notable traction lately, especially from the crypto market, as evidenced by the growing market interest in Notcoin (NOT) crypto. Meanwhile, amid the increasing discussions over Notcoin, a new project has emerged as a new trend in the market. A flurry of investors are anticipating it to follow Notcoin’s path in the coming days.

Meanwhile, with plans to launch its token soon, could Hamster Kombat replicate Notcoin’s success?

Is This Telegram Game To Compete Notcoin?

Hamster Kombat has quickly risen in prominence among Telegram users, drawing comparisons to the earlier success of Notcoin. This tap-to-earn game allows players to oversee a fictional crypto exchange as a hamster CEO, combining simple gameplay with the potential for crypto rewards.

According to a recent social media post from the Telegram game’s official profile, the game has amassed over 200 million players. Notably, it marks a significant portion of Telegram’s estimated 900 million users.

Meanwhile, the game’s rapid growth is also reflected in its social media presence. With nearly 10 million followers on X and nearly 46 million subscribers on Telegram, Hamster Kombat’s Telegram channel has become one of the leading games on the platform.

Besides, its presence on YouTube and X has expanded as well, with increasing engagement and hype surrounding its upcoming token launch.

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What’s Next?

The excitement around Hamster Kombat is set to peak with the launch of its crypto token on The Open Network (TON) in July. TON, a layer-1 blockchain initially developed by Telegram, is already home to Notcoin, which has become a major success with a peak market cap of nearly $3 billion.

This shared blockchain foundation has fueled speculation that Hamster Kombat could follow a similar trajectory. In addition, the speculation further mounts as the Telegram game aims to capitalize on the massive player base and social media following it has built.

Meanwhile, the game’s rising popularity in Iran is particularly noteworthy. As the country grapples with high inflation, unemployment, and Western sanctions, Hamster Kombat’s simple yet rewarding gameplay offers a form of digital escapism.

According to the Associated Press, this surge in interest has not gone unnoticed by the Iranian government, which views the game as an example of undue Western influence. On the other hand, the timing is also significant as Iran prepares for a presidential election following the sudden death of President Ebrahim Raisi in a helicopter crash in May.

However, despite these political concerns, Hamster Kombat’s developers continue to push forward with their expansion plans. They announced in late May their intention to launch a token on TON, hoping to replicate Notcoin’s success in integrating gaming with crypto rewards.

Meanwhile, as of writing, Notcoin price surged 11% from yesterday and exchanged hands at $0.01594, with its trading volume rising 27.18% to $479.25 million. Over the last 24 hours, the crypto has touched a high of $0.01632. Furthermore, Notcoin’s Open Interest rose 23.23% to $179.79 million, CoinGlass data showed.

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The post Is This Telegram Game The Next Notcoin (NOT)? Know All Here appeared first on CoinGape.

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Filed under: News - @ June 26, 2024 7:18 am