Tokens tied to Telegram tap-to-earn games have seen explosive growth recently, led by the Elon Musk-inspired X Empire and combat game Rocky Rabbit. These gains coincide with the continued rise of tap-to-earn games, which reward players with tokens or points for in-game achievements, often tied to future crypto airdrops.
Election-Driven Surge for X Empire
X Empire’s token (X) skyrocketed following Donald Trump’s reelection last week, climbing from $0.00003719 to an all-time high of $0.00054, a staggering 1,370% increase. While Musk has no official ties to the game, his perceived alignment with Trump likely influenced the token’s surge.After briefly pulling back, X hit another peak on Sunday before cooling to its current price of $0.00035.
Rocky Rabbit’s RabBitcoin Soars
RabBitcoin (RBTC), the token for Rocky Rabbit, reached a record high of $0.00002435 over the weekend. Despite lacking political connections, RBTC led gains across Telegram-related tokens, which rose 16.2% sector-wide in the past 24 hours. Some speculate that its name’s similarity to Bitcoin may have contributed to its momentum. As of now, RBTC has cooled to $0.000014.
Hamster Kombat and Other Notable Rallies
Other Telegram gaming tokens have also experienced significant growth:
- Hamster Kombat (HMSTR): Up 91% this week as players anticipate the next season, though still 55% below its launch price of $0.01.
- Catizen (CATI): Up 43%, rebounding after earlier losses.
- Notcoin (NOT): Gained 30% over the past week.
- Toncoin: The native token for The Open Network (TON), which powers most Telegram games, climbed 13%.
The Bigger Picture
While some tap-to-earn game tokens like Hamster Kombat and Catizen have historically dipped post-launch, the recent gains show renewed interest in the sector. The political and market-driven spikes of X Empire and RabBitcoin underscore the volatile yet opportunistic nature of this emerging trend.
