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.

AI Companions.png

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

hamster kombat daily cipher code.png

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

Bybit Learn

Live ICYMI

In our latest Learn 101 livestream session, we gathered an esteemed panel of crypto experts to share insights on the impact of the ETH Spot ETF approval.

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As the financial landscape continues to evolve, the integration of traditional finance and innovative digital assets is deepening. A significant milestone in this fusion was the recent 

. These funds represent a major leap in making cryptocurrency accessible through conventional investment channels, mirroring the structure of well-established asset classes. 

 allow investors to buy shares that track the 

 directly on traditional stock exchanges, offering a simpler and regulated way to invest in crypto without handling the actual digital assets.

This development is particularly noteworthy following the 

 of pending regulatory concerns, which has bolstered Ethereum's legitimacy — and could pave the way for increased institutional investment and broader market participation. 

, we uncover the implications of this groundbreaking approval. 

 livestreams, providing you with comprehensive expertise and insights from leading figures in the crypto industry in case you miss the livestream.

Joining the livestream on Jun 20, 2024 were two distinguished guests: 

, and Luc van Hecke, Derivatives Lead Product Manager at Bybit. Under the moderation of Sabrina Chua, Crypto Evangelist and SEO Editor at Bybit, this episode explores the profound impact that Ethereum Spot 

 are expected to have on the crypto market, from enhancing liquidity to opening new opportunities for investor involvement.

Thielen kick-started the segment by discussing the importance of this new investment vehicle, which allows traditional investors to buy Ethereum through a regulated exchange. 

"It broadens out the investor universe … as long as it's traded on a regulated exchange … everybody can buy it," Thielen explained, highlighting the accessibility and potential for diversifying investment portfolios. “An Ethereum Spot ETF is a big deal because the average investor who has a broker trading account can suddenly also add Ethereum ETFs to their mix. Studies have shown that 

 or Ethereum help the asset allocation mix. Instead of having gold, people can buy Bitcoin; instead of the Nasdaq-100, you can buy Ethereum. This helps broaden the investor universe.”

Following the Ethereum Spot ETF approvals, there was noticeable optimism in the market. Thielen pointed out the pre-approval activities: "People were thinking, ‘Oh, something is happening here.…’ And then of course, four days later [on May 23, 2024], these 19b-4 filings were approved,” not only boosting Ether's price but also increasing market depth and liquidity as investors anticipated new opportunities.

When asked to comment on the difference between investing in an ETF and buying the crypto directly, Thielen said, “One of the main differences between purchasing shares in an Ethereum Spot ETF and directly buying Ethereum is that when you buy directly on an exchange, some people leave it on the exchange, and some bring it to their own wallet. With an ETF, it's all taken care of in a regulated, custodian-friendly environment."

The conversation then shifted to whether the approval of Ethereum Spot ETFs could make way for similar financial products for other cryptocurrencies. "The possibility of a Solana Spot ETF is probably a long shot. Solana can go up and down a lot, but from a trading volume perspective, it's not that large. However, the approval of Ethereum ETFs sets a precedent that could eventually benefit other cryptocurrencies."

In the next segment, the panel discussed changes in market dynamics. Thielen stated, "We've observed that open interest for Bitcoin futures increased from around $8 billion to $12–13 billion, nearly a 50% increase in positioning. This surge indicates that investors are front-running the potential impact of Ethereum ETF approval. There's also been an increase in trading volumes, and bullish sentiment around Ethereum as investors anticipate the ETF launch."

"The approval of Ethereum Spot ETFs is expected to bring significant inflows into the market. If we assume that Bitcoin ETFs have seen around $15 billion in inflows, Ethereum could potentially attract around $3 billion, given its market cap relative to Bitcoin." He furthermore highlighted the potential conversion of Grayscale's Ethereum Trust (ETN), valued at over $10 billion, into an ETF, which could drive significant inflows and support Ethereum's price and market stability. Thielen also advised investors to consider the broader market narrative and positioning, especially with upcoming events like the U.S. elections, which could create a favorable environment for strategic investments.

Thielen also emphasized how the influx of investors might shape market conditions. He noted that the narrative presented by ETF issuers, such as BlackRock's 

, significantly influences investor perception. However, Thielen highlighted the common misconception that retail investors are the primary buyers of these ETFs. In reality, a substantial portion of activity can be attributed to 

 hedge funds, which engage in sophisticated strategies to capitalize on discrepancies between prices in ETFs and the futures market.

According to Thielen, Ethereum could attract more interest from these funds due to its relatively higher funding rates compared to Bitcoin. "The funding rate of Ethereum tends to be actually higher than [that of] Bitcoin," he stated, explaining that this might lead to larger inflows into Ethereum ETFs as hedge funds seek more lucrative opportunities. Thielen speculates that Ethereum Spot ETFs might experience disproportionately higher inflows relative to their market caps, potentially leading to surprising shifts in market dynamics. This influx of sophisticated investment strategies underscores the evolving complexity and growing appeal of Ethereum as an investment vehicle in the wake of its Spot ETF approvals.

Strategic Implications for Traders and Investors

Discussing strategic implications for traders, Thielen commented, "For investors considering adding an Ethereum Spot ETF to their portfolio, it's essential to look at the correlation with their existing investments. Ethereum offers a different value proposition compared to Bitcoin, which is often referred to as digital gold." 

Thielen noted that although Ethereum has performed well, it hasn’t outperformed Bitcoin significantly over the past 18 to 24 months, suggesting that investors need to be mindful of the narratives driving the market.

Thielen also pointed out that market structure and positioning are crucial. He raised concerns about whether the market might be overextended, especially in futures, where there’s been a significant increase in open interest relative to the actual price movement of Ethereum. This mismatch could pose risks if not adjusted by actual inflows following the ETFs’ approvals. Understanding these dynamics — events, risk, market positioning and the underlying narratives — is essential for investors considering Ethereum Spot ETFs as part of their portfolios.

Hecke joined the discussion later, providing his insights on strategic implications for traders and investors. "Short-term traders should consider positioning themselves for volatility around significant events like the approval of the Ethereum Spot ETF. Strategies involving options or structured products can be effective in capturing gains from expected market movements."

Thielen then expanded on the discussion, pointing out the current low volatility, which is unusual for such significant market events. He noted that the actual 30-day realized volatility for cryptocurrencies like Bitcoin and Ether is much lower than the historical average, suggesting a prime opportunity for speculative strategies. He emphasized the importance of being prepared for sudden market movements, which could be triggered by ETF listings or external economic factors, such as interest rate changes by the Federal Reserve.

When asked about the evolution of crypto ETFs and their impact on the regulatory landscape, Hecke highlighted the significant role that regulatory bodies like the SEC play in monitoring these financial products. He stressed the importance of these entities in overseeing ETFs, both before and after their listings, in order to prevent market manipulation and ensure compliance with financial regulations. This scrutiny is vital, not only to maintain the integrity of financial markets but also to protect investors from potential market abuses.

Hecke also pointed out that Spot ETF approvals could lead to increased market volatility, and emphasized the necessity for traders and investors to be well-prepared for these fluctuations. He suggested using advanced trading strategies, such as 

 to manage or benefit from the expected volatility around ETF listings and other high-impact events. These tools can help investors mitigate risks and potentially profit from market movements during periods of uncertainty.

 livestream effectively highlighted the transformative impact of Ethereum Spot ETFs on the market, providing attendees with deep insights into the regulatory, strategic and market dynamics involved. As the crypto landscape continues to evolve, these discussions are invaluable for anyone looking to understand and/or participate in this rapidly changing field.

As part of the livestream, Bybit is holding 

 that offers you a chance to participate in our pop quiz and earn a share of a 75,000 

 prize pool. The event period is through Jun 27, 2024, 12PM UTC.

Stay tuned for more discussions on the dynamic world of cryptocurrencies — and don't miss our next session on Jun 24, 2024, 8AM UTC, where we dive into the 

Learn Live ICYMI: How Ethereum Spot ETFs Will Rock the Market

Grab Up to 5,000 USDT in Rewards

Grab Up to 5,000 USDT in Rewards