Hamster Kombat is a Telegram-based tap-to-earn game where players manage a virtual crypto exchange and earn coins. Its native token, HMSTR, will be released via airdrop on Sep 26, 2024.

's popularity surge has put a spotlight on the tap-to-earn variety of play-to-earn games. Now, another tap-to-earn game based on Telegram — 

 sector. The game allows each player to manage their own virtual crypto exchange, tapping to earn more coins and completing various tasks and activities to boost their earnings. Virtual coins accumulated in the game will soon be claimable, with the project's planned native token, HMSTR, set to launch on Sep 26, 2024. As of Sep 18, 2024, 

 has reportedly amassed an impressive user base of around 300 million players.

 is a hamster-themed play-to-earn game that was launched on March 25, 2024 on Telegram. Its players collect coins simply by tapping on the screen.

 Each tap earns you virtual coins, which can be claimed through the game's planned native token, HMSTR. 60% of the HMSTR supply is set to be released via 

You can easily start playing the game via the 

 telegram channel. Gameplay starts when you assume the role of a cryptocurrency exchange CEO, which is represented by a cute hamster avatar that can be customized with various skins. You’re given a choice of several exchanges to own. After making your selection, you proceed in the game by tapping on the image of the hamster. The tapping increases your virtual assets and in-game rank. There are also other ways to earn coins or boost your position, which we'll touch upon further in the article.

 encourages active and frequent participation. This concept is similar to other games that encourage user action via frequent, high-involvement tapping, clicking or swapping, e.g., 

 has amassed an impressive user base of 300 million players and thus far hasn’t been implicated in any fraudulent activity. It appears to be a legit game, although some users on social media have raised concerns about the lack of an immediate claim mechanism, as well as inconsistencies in some of the asset counters used in the game.

 is just a game for leisure and fun, and users shouldn't treat it as a definite asset accumulation opportunity. The game's legitimacy regarding payouts will become clearer once the HMSTR token is actually launched and users can claim their virtual coins in exchange for the cryptocurrency.

 is akin to another viral Telegram-based game — 

 also operated without a crypto token of its own, and was just a fun pastime, rather than a serious reward accumulation endeavor. In mid-May 2024, 

 finally launched its native token, NOT, which surged over 270% within a month, rising from its initial price of around $0.007 to $0.028 in June. However, it should be noted that 

 has since declined from its ATH of $0.028 and is currently trading at around $0.0077.

's tapping mechanics, the most basic gameplay in 

 simply requires you to tap on the hamster on the screen to earn coins. You can also boost your taps to earn more coins by leveling up boosters, such as 

which increases the number of coins you can earn per tap, and 

. You can also make use of daily boosters like

 for free (up to six times) when you run out of energy to tap.

 app daily, you’re given the opportunity to complete daily tasks and earn additional coin rewards of up to 50 million HMSTR, as well as exclusive skins. In general, these tasks are as simple as playing the game — you only need to tap on the available daily reward to claim coins. 

: Make sure to join the game at least once per day, for up to three weeks, in order to stay eligible for the daily task rewards for each day.

You can also receive additional rewards by completing task lists. Each task in the list earns you more points. Typical tasks involve joining the game's Telegram channel, following 

 or inviting friends to sign up to the platform.

The Daily Combo lets you win a sizeable bonus of 5 million coins each day upon getting the right combination of three specific exchange upgrades, spread across categories like Markets, Legal, PR & Team, Web3 and Specials. The Daily Combo resets daily at 12PM UTC, so you'll have to achieve the correct combination before the UTC day ends. You can attempt a maximum of three combinations per day, with each attempt limited to a certain number of moves. 

s Daily Cipher allows you to win 1 million coins by figuring out the word of the day using Morse code, a system of dots and dashes used to symbolize letters and numbers. After guessing the word of the day, you then have to tap out its Morse code. You can attempt to solve it up to five times per day. The Daily Cipher refreshes every day at 7PM UTC.

 also features 12 games and two mini games. You’re required to log in to the various game apps in order to earn up to four golden keys per game. The mini games are

 requires you to retrieve one golden key from the sliding puzzle of red and green candlebars within a time limit of 30 seconds. Meanwhile, you can earn more coins by sorting and pairing colored hexagon tile stacks on 

 is available exclusively through Telegram. You can search for 

 button to be directed to the game channel. You don't need to pre-purchase any crypto or connect a

 to start in the game — it's free to join and play.

Tips and Strategies to Maximize Your Profits

Tapping on the screen isn't the only (or even most effective) way to maximize your earnings in 

. As highlighted above, there are various ways to play 

. Below are some of the best ways for you to speed up your earnings and boost your profits.

 to earn passive income, even without tapping, by clicking on the 

 button at the bottom of the app to upgrade your exchange across various categories. By selecting the right card combo to upgrade, you can even earn an additional amount of 5 million coins each day from the Daily Combo.

: If you correctly complete both the Daily Combo and Daily Cipher each day, you’ll earn a total of 6 million coins per day. However, the Daily Combo and Daily Cipher aren’t easy to master without some guidance, so Bybit Learn is here to help you. Make sure to check out our daily guides to Daily Combo and Daily Cipher so that you can easily get your hands on 6 million coins each day!

's native token, with a total supply of 100 billion. Of the total supply, 60% is allocated to players via the upcoming 

 airdrop on Sep 26, 2024, with the remaining 40% reserved for providing market liquidity, ecosystem partnerships and grants, rewards for squads and more.

Bullish on this tap-to-earn token? Now you can be one of the early birds to get your hands on HMSTR — even before next week’s 

 has been running since Jul 8, 2024, 10AM UTC, at a floor price of 0.001 USDT. Meanwhile, HMSTRUSDT was 

Tap-to-earn Telegram games are all the rage now in the world of crypto gaming. It all started with 

's meteoric rise, which has now been further propelled by 

 has already surpassed many other prominent SocialFi games with its user base of 300 million. Meanwhile, 

 — the first tap-to-earn game that turned viral — has a user base of just 35 million. Furthermore, the 

teamcontinues to innovate with even more engaging gameplay and rewards, all of which have contributed to its spectacular success thus far.

Beginner

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What Is Hamster Kombat (HMSTR): Tap Your Way to Crypto Riches

AI Companions is a web3 platform that provides highly customizable and emotionally intelligent virtual companions to users looking to interact in the digital age.

We’re living in a rapidly changing digital world where technology has taken over our lives, greatly reducing human interactions. In this digital age, the internet and smartphones have reshaped our routines, dominating communication and daily tasks and leaving large numbers of people in civilized countries feeling isolated and with a deep craving for meaningful social interaction.

 (AI) companions, innovative virtual entities designed to provide immersive interaction between AI avatars and humans. These virtual companions are powered using generative AI technology, which consists of simulated emotional intelligence that’s designed to enhance the connection.

Against the backdrop of this growing demand for virtual AI companions, the 

 project AI Companions was created. It leverages AI, virtual reality/augmented reality (VR/AR) and 

 to provide a personalized virtual companionship experience that meets each user's unique preferences.

AI Companions is a digital platform that allows you to create highly personalized virtual beings by leveraging AI, VR/AR and blockchain technologies to build an immersive virtual companionship experience.

 The platform aims to unlock endless opportunities in the rapidly expanding world of virtual companionship by providing a platform where emotions and technology can interact.

Unlike other platforms that offer interactions in the form of chatbots or visual aids, AI Companions’ unique proposition consists of a lifelike human interaction through virtual reality that re-creates what feels like an actual emotional connection. Furthermore, the platform has integrated blockchain technology to ensure security, transparency and privacy when interacting.

At the heart of these AI-powered interactions is the AIC token, which powers the platform’s transactions and seamless operation.

The vision and mission of AI Companions is to leverage innovative technology to provide users with what feels like an emotionally rich virtual companionship. To achieve this, AI Companions has integrated three core technologies: AI, VR/AR and blockchain.

The platform uses AI to identify and learn your preferences in order to create a personalized partner for you, and even allows you to utilize celebrity or influencer models. Furthermore, the presence of advanced VR/AR features makes the interactions more realistic, and enriches the experience even more.

Security, privacy and integrity are core when offering a product like this. To that end, AI Companions is built on blockchain technology in order to achieve key features, such as data privacy and security, through advanced encryption, user consent management using 

, and an immutable ledger for transparency and accountability.

The platform employs the following monetization strategies to ensure sustainable revenue generation centered on the AIC token.

To ensure maximum flexibility and accessibility, AI Companions uses a subscription model that caters to a range of preferences and budgets. The basic access model is free and allows access to limited features. There’s also a hybrid subscription that combines token-based and cash subscription models. Users stake AIC tokens to access features for the token-based model, while the cash model requires users to pay a monthly fee. The token-based subscription features a 20% fee discount designed to encourage users to pay using AIC tokens.

The “pay per experience” strategy allows users to pay for premium features and personalized experiences using AIC tokens without committing to a long-term subscription. This model allows you to access features such as customized packs, the ability to send virtual gifts to companions and even enhanced experiences such as upgraded VR environments.

AIC, the native crypto token for the AIC Companions platform, is a 

 token launched on BNB Smart Chain. The token powers the AI Companions platform and provides access to diverse features. When subscribing to the hybrid model, you can use the AIC token to pay for discounted fees. You can also stake your AIC tokens to gain additional value through access to premium features and experiences.

To maintain the token’s value, AI Companions will apply a buyback-and-burn strategy. The platform will use some of the profits generated to buy back AIC tokens and 

 some of them quarterly. This will reduce the circulating supply in order to increase the token’s value.

Moreover, the project will manage a treasury reserve designed to support long-term sustainability and growth. A portion of the bought-back tokens will be put in this reserve to ensure liquidity in the future.

The total supply for AIC is 1 billion tokens, distributed as follows:

AIC's price as of Sep 18, 2024 is $0.074 , just 8% lower than its ATH of $0.08177 on Sep 11, 2024, and almost 100% higher than its ATL of $0.03771 on Sep 10, 2024. Its market cap is approximately $66.9 million.

Is AI Companions (AIC) a Good Investment?

After a successful launch in the first week of September 2024, the AIC token has generally been on a positive trajectory during which its value increased by over 115% within a 24–hour period. Such reception from the market indicates that AI Companions is providing an in-demand product in its niche.

Statistics predict that the AI market could hit $1 trillion by 2028, while the VR niche could be worth $57.55 billion by 2027. Projects such as AI Companions that offer innovative products leveraging these technologies are strategically positioned to reap big from this growth. In addition, AI Companions has a strategic and detailed road map designed to steer the project toward sustainable growth, including extensive community building, expansion of the platform’s capabilities, marketing campaigns and increased exchange listings.

As the digital age continues to unfold and AI increasingly shapes our lives, investing in the AIC token, which is the heart of the project, could be profitable due to the increased demand for AI and VR/AR-related products. That said, we strongly recommend you 

 before investing in AI Companions, since crypto projects are prone to volatility. AIC’s price volatility is evident in the extreme swing between its ATL and ATH just a day apart from Sep 10 to Sep 11, 2024.

There's a growing demand for AI companion markets as human interactions diminish due to technological advances. Projects such as AI Companions are timely in filling this void by combining AI, VR/AR and blockchain technologies. AI Companions offers users the opportunity to interact intelligently with virtual entities, making AIC a crypto to watch as its platform seeks to align with the needs of the digital age.

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AI Companions (AIC): The Future of Personalized Relationships

The U.S. Federal Reserve cut interest rates by 50 basis points to 4.75%-5%, its first reduction in four years.

The SPX index was down by 0.29%, after initially hitting a record high before turning lower following the Federal Reserve's decision to cut rates by 50 basis points. Coindesk Indices, an index measuring broader cryptocurrency market performance was up by 3.21%, with Bitcoin rising by 0.13% and Ether dropping by 0.80%, in the past 24 hours.

Today's top performer is TAIKO, which surged 27.4% following the launch of the Taiko Grant Factory Hackathon, offering $100K in prizes for sustainable Web3 innovations.

Taiko (TAIKO), launched in May 2024, is a fully open-source, Ethereum-equivalent ZK-rollup scaling solution designed for decentralized, secure and permissionless operations. 

 starts on September 25, 2024, inviting innovators to build solutions in the Taiko ecosystem. The hackathon focuses on long-term sustainable projects across three tracks: DeFi/AI/DAOs, Gaming/NFTs/SocialFi, and Social Impact/ReFi. Participants are required to deploy projects on Taiko, submit a 6-month grant proposal, and explore sustainable Web3 business models. The total prize pool is $100,000, with $30,000 per track and additional special awards. For details and registration, visit the Taiko hackathon page.

Check Out the Latest Prices, Charts, and Data of 

The U.S. Federal Reserve cut interest rates by 50 basis points to 4.75%-5%, its first reduction in four years. Following the announcement, Bitcoin briefly rose to $61K before falling back below $60K. The Fed expects further rate cuts to bring the benchmark rate to 4.4% by year-end. U.S. equities closed lower after an initial gain, and gold hit a new high before retracing. The dollar index fell to its lowest level since July before recovering. Crypto-related stocks and cryptocurrencies saw volatility, with increased correlations to broader risk assets.

Yesterday, the total outflow for BTC Spot ETFs was $52.7 million, with $8.1 million from GBTC and $44.6 million from non-GBTC funds.

, a decentralized network focused on private, user-owned data and AI, has raised $25 million with backing from Coinbase, Paradigm, and Polychain. Their Telegram bot allows users to mine Vana points, which can be converted into $VANA tokens during the token generation event (TGE). Users can also earn points by completing daily tasks, challenges, and inviting friends.

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Fed Cuts Rates by 50 Basis Points Spurring Positive Price Momentum for BTC and Altcoins

Explore our article to find out what’s the Cipher Code for today’s Hamster Kombat’s Daily Cipher Code.

, where your skills in decoding daily Morse code puzzles can significantly enhance your mastery over your crypto exchange. Every puzzle, released at 7PM UTC, not only sharpens your mind but also offers the chance to earn considerable in-game rewards.

 lies the Daily Cipher, a challenge that invites players to unlock Morse code puzzles. Successfully solving these daily puzzles not only increases your coin stash but also enhances your strategic thinking, crucial for navigating the game’s complexities.

Today’s Hamster Kombat Daily Cipher: Sep 19, 2024

 Daily Cipher for Sep 19, 2024, is as follows:

Ensure each Morse code sequence is entered with precision and slight pauses between letters to confirm correct execution and secure your reward.

 by trying out the following strategies: 

Gain an early advantage by trading HMSTR tokens through Bybit’s Pre-Market Trading. To get started, you’ll first need to create a Bybit account, then fund it with cryptocurrency and navigate to the 

The Daily Cipher and the various interactive gaming activities within 

 provide numerous opportunities not only to enhance your coin balance, but also deepen your involvement in the game. Each successfully decoded puzzle contributes to your financial growth and sharpens your analytical abilities, enriching every gaming session with both rewards and intellectual stimulation.

Stay connected for daily updates and expert advice to ensure you continue to excel in the dynamic and exciting world of 

Intermediate

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A Guide to Hamster Kombat's Daily Cipher Code (Sep 19, 2024)

Bybit Learn

Crypto

Will crypto recover? Some of the factors that could cause crypto to recover include increased uses for crypto and decreased interest rates. Learn more here.

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In early July 2024, Bitcoin took a notable dive, dropping to around $54,000. This decline was driven by a mix of factors, including market liquidations and upcoming payouts from the Mt. Gox bankruptcy. 

Recently, however, the mood in the crypto world has shifted dramatically. The attempted assassination of Donald Trump, the U.S. pro-crypto presidential aspirant, unexpectedly sparked optimism among investors. This boost in sentiment led to Bitcoin's price jumping by nearly 10%.

As the market begins to stabilize and political events continue to unfold, there’s growing speculation that cryptocurrencies might soon be on the path to recovery.

A Timeline of Events Leading to Crypto’s Crash in 2022

When the COVID-19 pandemic first started, there were a lot of doomsayers who believed the crypto world was about to 

. However, 2020 and 2021 were marked by a 

. This occurred for many reasons, among them new market innovations and more people becoming interested in trading. Bitcoin

, and several coins hit all-time highs. However, the soaring prices of the bull market couldn't last forever.

Inflation worries ignited in late 2021, heightening fears of increased borrowing costs and triggering a crypto downturn. Bitcoin peaked at $69,044.77 on Nov 10, 2021 before tumbling to a low of $46,696.30 by mid-December as investors sought safer havens. The sell-off extended into January 2022, with Bitcoin falling further to $35,180.44.

TerraUSD (UST), an algorithmic stablecoin, became unstable and dropped below the $1 threshold in May 2022. This resulted in its sister token, LUNA, crashing, causing market panic and 

. Bitcoin further fell to $19,047.42 by mid-June, half of its value six months prior, as macroeconomic factors like persistent inflation and central bank policy weighed heavily.

June 2022 saw the crypto market hit rock bottom. Key platforms like Celsius Network and Binance halted withdrawals, due to severe market conditions. Notably, Celsius Network had to 

 after having expanded more than five times since the end of 2020. Three Arrows Capital 

, and Bitcoin lost around 38% of its value in June, its worst month on record.

 started in July with Three Arrows Capital, followed by 

. Their downfall was linked to risky strategies, loan defaulting and liquidity drying up. Meanwhile, Sam Bankman-Fried, the CEO of FTX, was positioning himself as an industry savior. 

However, FTX also fell into trouble in November 2022. As one of the largest crypto exchanges in the world, FTX had a huge impact on crypto prices. When rumors about the exchange's instability first surfaced, crypto prices began to wobble. It briefly looked like things would recover when Binance decided to look into buying FTX. However, Binance eventually announced the platform was too risky to buy and walked away from the deal. This led to a sharp drop in crypto prices, and in November 2022, Bitcoin fell to $15,742.44.

Investors like Sequoia Capital and Multicoin Capital, who had backed FTX heavily, marked their investments down to zero and anticipated heavy losses. 

, founder of fintech venture firm Launchpad Capital, pointed to a trust crisis in the crypto world, further destabilizing the industry.

Though the FTX bankruptcy caused the greatest single sudden drop, there are many other factors that caused the long-term decline in crypto prices. Some experts believe the first signs of the crypto crash occurred in the spring and fall of 2022. As mentioned, several innovative projects that had attracted a lot of buzz from the crypto world — such as Terra, Voyager and 

 — all failed. This caused a lot of uncertainty as investors realized many crypto projects were less reliable than they appeared.

Furthermore, investment prices began to drop due to high interest rates. As the Federal Reserve raised interest rates to curb inflation, crypto prices started to slow down and then decline. Without a lot of easy money available, big-time investors had fewer opportunities to put funds into the crypto market.

The final contributing factor was the federal crackdown on cryptocurrency. As crypto became more popular, its ability to run under the radar faded. Several notable cases, such as the Securities and Exchange Commission (SEC) 

, eroded public trust in the crypto market. Ultimately, all of these factors combined to cause significant dips in crypto prices. Since 2021, the overall market cap for crypto has 

In January 2024, the U.S. Securities and Exchange Commission approved 

, sparking a rebound in cryptocurrency prices. Bitcoin prices surged by 

, and other top cryptocurrencies also recovered significantly. However, by early July, momentum had faltered and the global cryptocurrency market experienced a notable downturn, 

 to approximately $2.114 trillion. After a period of recovery, this decline left many industry watchers speculating about the causes. Following are some of the possible factors.

Together, these factors have likely created a challenging environment for the cryptocurrency market in 2024.

So how's the crypto market been since crypto winter? So far, it hasn't recovered by much. The total market cap was hovering around $3 trillion for a while, but it plummeted to around $800 billion by late 2022. Early 2023 saw the total market cap rise above $1 trillion again, and it has mostly stayed in the $1 trillion to $1.3 trillion range since. Then, in early 2024, it jumped to $1.67 trillion. 

However, this growth was short-lived. The market dipped again as inflows into U.S. Bitcoin Spot ETFs slowed and news of the Mt. Gox Bitcoin transfer surfaced. Despite these setbacks, a shocking event — the July 14 attempted assassination of former President Trump — led to a 

 The attack, which seemed to boost Trump's prospects of winning the election, was perceived as positive for the crypto market, due to his reputation as crypto-friendly.

In response, Bitcoin saw a remarkable 10% gain within a week, reaching $63,604.15 by Jul 18, 2024. Currently (as of Jul 30, 2024), the total cryptocurrency market cap stands at $2.5 trillion.

While the overall market has been stabilizing at an overall lower price, individual cryptos have had some noteworthy movements. Taking a close look at some of the major crypto projects reveals a few other notable trends in the past performance of the crypto market.

What Factors Could Contribute to a Crypto Rebound?

The cryptocurrency market recently took a hit, with Bitcoin and other digital assets seeing a sharp decline in value in early July 2024. This downturn was largely driven by 

: growing economic uncertainty in the U.S., a more aggressive stance from Federal Reserve officials on interest rates and significant withdrawals from Bitcoin Spot ETFs. However, several potential drivers could lead to a rebound in the cryptocurrency market:

A potential second Trump presidency could significantly contribute to a crypto recovery due to his pro-crypto leanings. Trump's recent campaign has embraced cryptocurrency, positioning him as a "crypto president" who supports the industry. Following a thwarted assassination attempt, optimism surged around his chances of winning, leading to a sharp increase in Bitcoin's value. Investors are betting on the "Trump trade," anticipating that his administration would oversee a more favorable regulatory climate for cryptocurrencies, contrasting with the stricter policies seen under the current administration. This shift in sentiment could drive renewed interest and investment in the crypto market.

If upcoming economic data, like the personal consumption expenditures (PCE) price index, indicates that inflation is under control, it could boost investor confidence and encourage more investment in cryptocurrencies.

When it comes to crypto investing, regulation isn't necessarily a bad thing. Proper regulation can help with issues such as sketchy crypto firms overpromising and under-delivering. However, when regulations seem to come out of nowhere, and only apply to certain parts of the crypto industry, it causes uncertainty that drives prices down. The only way to fix this problem is to have clear, reliable regulations that crypto investors can count on. More stability on the regulation front will help the market avoid further declines in pricing.

Positive news or endorsements from influential figures could shift investor sentiment, creating a bullish trend and encouraging more investment in cryptocurrencies.

Institutional interest in crypto from financial heavyweights like BlackRock and Fidelity partly triggered the 2023 BTC price surge. Increased investment from institutional investors, especially if they show faith in the market’s long-term prospects, could have a significant positive impact on prices and market stability.

Recently, rising interest rates have been one of the main causes of declines in the crypto market. High interest rates have always been 

Not only do rising interest rates cause market uncertainty, but they also make it harder for investors to obtain capital. Many end up pulling their funds out of the crypto market and switching to less volatile investments. A prerequisite for getting all this investment capital back into crypto is for interest rates to start declining again.

The cryptocurrency market has shown impressive performance in 2024. Following a strong finish in 2023, its market cap surged to a high of 

, with Bitcoin prices rising by over 48% year-to-date, and Ethereum up by 43% so far this year.

Several factors have contributed to this positive trend. Regulatory changes, such as the SEC’s new rules allowing Ethereum Spot ETFs, have bolstered market confidence. Also, the potential for the Fed to cut interest rates later in the year could further spur crypto prices.

The current bull market is also fueled by growing confidence in 

 (DeFi) and increasing adoption of cryptocurrencies by mainstream companies. The sustainability of this upward trend will likely depend upon the continuation of favorable regulations, technological advancements in the crypto space and overall global economic health.

While market volatility makes it challenging to predict exactly when cryptocurrencies will recover fully, current trends suggest the market could continue to grow through 2024 and possibly reach new heights by late 2024 or early 2025. However, it’s important for investors to stay informed and consider the risks, as predictions are speculative and the market can be unpredictable.

The cryptocurrency market is beginning to show signs of recovery, buoyed by a reduction in liquidations and a surge of optimism from recent political events. Experts are optimistic about a rebound beginning in August, likely fueled by the end of heavy liquidations and a fresh wave of investment inflows. A Trump presidency, clearer regulations and positive economic indicators could also contribute to a full recovery. As shown by growing institutional interest and ongoing technological advancements, the crypto market's resilience suggests a solid foundation for future growth and stability.

Understanding the Future: Will Crypto Recover?

Grab Up to 5,000 USDT in Rewards

Grab Up to 5,000 USDT in Rewards