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Hamster Kombat, TapSwap, and Notcoin Lead TON’s Growth

Published

2 months ago

July 10, 2024

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Telegram’s tap-to-earn games, including Hamster Kombat, TapSwap, and Notcoin, are driving significant growth within the TON ecosystem.

These games offer engaging mechanics and real rewards, attracting millions of users. They also highlight the potential of blockchain integration on the Telegram platform.

From Gamers to Earners: Tap-to-Earn Games Transform User Engagement

Hamster Kombat, a standout in this sector, has seen unprecedented growth. As of July 9, the game’s user base has surpassed 250 million. This figure shows a staggering increase from the 239 million reported just a week earlier.

This rapid expansion has caught the attention of Telegram CEO Pavel Durov, who praised the game’s viral potential on his official channel. Durov highlighted the game’s rapid user growth and its potential to introduce blockchain benefits to a vast audience.

“As I said a few months back, a new wave of mini-apps on Telegram is coming, and Hamster Kombat is now leading the pack. Its amazing growth shows the viral potential of the Telegram mini-app platform. Soon, Hamster’s team will mint its token on TON, introducing the benefits of blockchain to hundreds of millions of people. A new era is arriving, and we are witnessing its arrival in real time,” Durov stated.

While the exact date for Hamster Kombat’s token generation event (TGE) remains unconfirmed, major exchanges like Bybit have listed it on the Pre-Market Trading platform. Bybit data shows that HMSTR’s floor price is 0.001 USDT, with the last traded price at 0.2 USDT.

HMSTR on Bybit's Pre-Market Trading. — HMSTR on Bybit’s Pre-Market Trading. Source: Bybit

Similarly, TapSwap has emerged as a formidable player in the tap-to-earn arena. This mini-app allows users to earn TAPS coins by completing various in-game activities. Players must try to accumulate the maximum number of coins using the in-game bot and boosts and manually mining coins.

TapSwap’s simplicity and accessibility have been key drivers of its popularity. The promise of real rewards, facilitated through upcoming airdrops and the TGE, has propelled its user number to over 60 million as of early July 2024.

How Notcoin’s Success Paves the Way for Innovative Blockchain Projects

TapSwap and Hamster Kombat’s success can be likened to that of Notcoin, the pioneer in the tap-to-earn genre. Launched in January, Notcoin quickly became a sensation, amassing over 35 million players and 6.5 million daily active users. The game’s classic tap-to-earn mechanism, where players collect coins by completing tasks and engaging with in-game bots and boosts, has proven to be a hit.

The brains behind Notcoin, Open Builders, led by CEO Sasha Plotvinov, have ambitious plans to expand the platform. Following a significant token burn in late June, Notcoin announced a collaboration with Sign and 1inch to launch Triangle.

Triangle is a builder community and acceleration program that aims to support developers as they scale their projects to reach a billion users. By providing essential resources, guidance, and a community of experienced builders, Triangle seeks to foster the growth of new and existing projects within the Telegram and TON ecosystems.

Triangle’s vision extends beyond acceleration. It aspires to create a collaborative space where like-minded builders can innovate and drive the future of the TON ecosystem.

The program aims to onboard millions to Web3, bridging the gap between Web2 and Web3 through user-friendly applications. This ambitious goal leverages Telegram’s extensive user base and seamless crypto integration, positioning it as a catalyst for mass adoption.

“Triangle naturally emerges and evolves from Notcoin’s success, adding deeper value and engagement for its user base. This progression effectively makes the future of Web3 its present. The success of Notcoin and other attention points projects highlight the transformative power of engaging users directly within the platforms they already love,” Kirill Malev, Jr, Partner at The Open Platform, told BeInCrypto.

The success of Hamster Kombat, TapSwap, and Notcoin demonstrates the potential of tap-to-earn games to introduce new users to the blockchain and crypto through the TON ecosystem. Integrating this model with Telegram’s widespread platform, these games are at the forefront of merging entertaining gameplay with the opportunity for real-world rewards.

Disclaimer

In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.

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Related Topics:Growth Hamster Kombat lead Notcoin TapSwap Tons

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Grayscale XRP Trust Surges 11.44% One Week After Launch, Here’s The Catalyst

Published

14 seconds ago

September 21, 2024

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Este artículo también está disponible en español.

Grayscale’s XRP trust has grown noticeably since launch, a development which spells positive momentum for the digital asset. As one of the leading cryptocurrency asset managers in the world, Grayscale’s decision to unveil the first XRP trust in the US last week signaled the beginning of an institutional influx of funds into the cryptocurrency. Since its debut, the Grayscale XRP Trust has performed remarkably well. Data indicates that the trust’s value has surged by 11.44%, a clear indication of strong demand from institutional investors.

Value Of Grayscale XRP Trust Rallies

Grayscale’s XRP trust tracks the price of the altcoin, and investors buy shares of the trust to gain exposure to the cryptocurrency. When talking about the momentum building behind Grayscale’s XRP trust, we are looking at its Net Asset Value (NAV). The NAV is a measure of the value of each share in the trust and is calculated after every business day. A rising NAV is an indicator of increased institutional investment in the trust. As such, an increase in the NAV relates to a bullish sentiment among traders and the spot price of XRP.

What Is Driving The Momentum?

One of the primary drivers behind this bullish momentum is the highly anticipated launch of Ripple’s USD stablecoin, RUSD. The upcoming stablecoin has generated considerable excitement in the cryptocurrency community, as it is expected to play a pivotal role in enhancing liquidity and cross-border payment solutions. The stablecoin is set to debut before the end of the year, but institutional investors are cautiously awaiting further regulatory clarity from the SEC before making larger moves into the market.

DOGS and PEPE fall short on utility, could struggle to compete with Rexas Finance (RXS) in long run

Published

9 hours ago

September 20, 2024

admin

While tokens like DOGS and PEPE Coin have garnered attention for their community-driven appeal, their lack of practical utility may present challenges in the long run. In contrast, Rexus Finance (RXS) stands out with its unique approach to tokenizing real-world assets (RWAs) and its potential for significant growth based on tangible use cases.

Rexus Finance: Leading the Way with Real-World Asset Tokenization

Rexus Finance distinguishes itself by focusing on the tokenization of RWAs, such as real estate and art, offering fractional ownership, enhanced liquidity, and broader access for investors. This approach targets the massive RWA market, which is estimated at $16 trillion, providing a more concrete use case compared to the speculative nature of many blockchain projects.

With promising market growth forecasts and an effective presale model, Rexus Finance has the potential to continue developing and innovating, making it an attractive option for long-term investors seeking stable returns and high profitability.

Short-term Vs Long-term Growth

Unlike RXS, tokens like DOGS and PEPE Coin have a more limited scope for long-term growth, because they rely so heavily on community engagement and meme culture. These tokens lack the solid, real-world utility that is usually needed to sustain long-term growth. While they may experience short-term spikes in value, and in some cases those spikes may be huge, their reliance on hype and speculation raises concerns about their staying power.

RXS, on the other hand, offers a more long-term proposition. By focusing on the tokenization of high-value RWAs, it provides investors with true real-world utility, making it better equipped to withstand market fluctuations and deliver lasting value.

Rexus Finance vs DOGS

The DOGS token, with its emphasis on community-driven hype, lacks the utility needed to compete with projects like Rexus Finance in the longer-term. While DOGS and similar meme-based cryptocurrencies have carved out a niche in the market, they are primarily speculative investments without real-world applications. This limits their potential for long-term success.

In contrast, Rexus Finance has established itself as a serious contender in the cryptocurrency space by focusing on tokenizing RWAs, including real estate and art, for investment and liquidity purposes. This strategy targets the $16 trillion RWA market, offering investors a clear, realistic use case beyond the speculation that often surrounds other cryptocurrencies.

With significant market cap growth projections and a well-structured presale, Rexus Finance is positioned for continuous growth and development. This long-term vision makes it a far more appealing investment opportunity compared to tokens that rely on short-lived community hype.

Rexus Finance vs. Pepe Coin: Real Use Cases vs. Memes

Pepe, another meme-based cryptocurrency, has gained popularity largely through social media and word of mouth. However, like the DOGS token, it lacks practical applications that would support long-term growth. While it may enjoy impressive short-term success, its reliance on meme culture limits its potential for sustained value.

In contrast, the fact that Rexus Finance has been designed with utility in mind, and its ambition to serve the $16 trillion RWA market, provides a long-term growth trajectory that extends beyond mere speculation.

For more information about Rexas Finance (RXS) visit the links below:

Website: https://rexas.com

Whitepaper: https://rexas.com/rexas-whitepaper.pdf

Twitter/X: https://x.com/rexasfinance

Telegram: https://t.me/rexasfinance

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Market

BNB Rides Bullish Wave After 100-Day SMA Breakout, Next Stop $605?

Published

12 hours ago

September 20, 2024

admin

Recent price movement reveals that BNB has surged past a critical barrier, clearing the 100-day Simple Moving Average (SMA) and signaling renewed bullish momentum. With this breakout, BNB bulls are setting their sights on the $605 resistance level, as market sentiment strengthens around the potential for further gains. The move above the 100-day SMA has sparked optimism, hinting at the possibility of a sustained rally as BNB looks to capitalize on this momentum and break through key price targets.

The goal of this analysis is to highlight BNB’s recent surge above the 100-day Simple Moving Average (SMA) and evaluate the potential for continued positive movement toward the $605 resistance level. By examining current market dynamics and technical signals, this analysis aims to provide insight into whether BNB can maintain its upward momentum and achieve a significant breakout in the coming sessions.

Rallying Strength: Analyzing BNB’s Surge Above The 100-Day SMA

On the 4-hour chart, BNB has demonstrated sustained positive momentum after successfully breaking above the 100-day Simple Moving Average (SMA). This significant breach has not only triggered a shift in market sentiment but set the stage for a bullish trajectory as BNB rises toward the $605 mark. BNB’s ability to maintain above this key technical level reflects growing confidence among traders, suggesting that the upward movement may continue.

Additionally, the Relative Strength Index (RSI) on the 4-hour chart has climbed above the 50% threshold, currently sitting at 69%. This upward movement in the RSI indicates that bulls are firmly in control, as the index approaches overbought territory. If selling pressure remains subdued, there is potential for an extended increase in BNB’s price, signaling a strong bullish trend ahead.

On the daily chart, BNB is maintaining an upswing toward the $605 resistance level while trading above the 100-day Simple Moving Average (SMA). The price has printed multiple candlesticks above this key indicator, underscoring the strong buying pressure from investors and indicating a solid sentiment in BNB’s potential for continued growth.

Finally, on the 1-day chart, a careful examination of the formation of the 1-day RSI reveals that BNB could sustain its bullish trend toward the $605 resistance mark as the signal line of the indicator has risen above 50% and is currently attempting a move towards the 70% threshold.

What’s Next For BNB As Resistance Beckons

With strong buying interest and positive market sentiment, BNB is gearing up to reach the $605 resistance level. When BNB breaks above this point, it could lead to more gains, aiming for the $635 resistance zone and beyond.

However, the altcoin may face a pullback toward the $537 support mark if the momentum falters and fails to surpass this level. A decline below this support could lead to additional drops, with the price potentially testing the $500 support range and other lower levels.

At the time of writing, BNB was trading at approximately $575, reflecting a 3.05% increase over the past day. Its market capitalization was around $84 billion, with trading volume surpassing $1.9 million, showing increases of 3.05% and 9.81%, respectively.

BNB

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