😯Be cautious before deciding to sell your $HAMSTR tokens.
It may not be an easy choice, but it's crucial to consider the situation realistically. Many meme coins, such as Pepe, have demonstrated that even with a slow start, they can rise significantly within six months of being listed on Binance and other exchanges.
With $HAMSTR now available on Binance, you're probably weighing your options. Before making a decision, think about the factors that could affect your portfolio. The large supply of 120 billion tokens raises red flags, and the planned "Phase 2" reserves appear to be a strategy to keep holders while insiders benefit.
Distrust is growing due to how the project is handling community concerns, like unnecessary bans, which could lead to a major sell-off and a drop in price. The lack of excitement before the launch hints at possible risks, and if the initial price disappoints, holders may quickly sell their tokens.
Additionally, $HAMSTR doesn’t have real-world use cases, and concerns arise from the anonymous team, unclear roadmap, and poor communication. In contrast, tokens like $FLIP and $BONE provide clear purposes and active community involvement.
Personally, I'm taking a cautious approach and selling 85% of my $HAMSTR holdings. Holding onto it feels more like gambling than an informed investment decision. Reevaluate your position and try not to act on emotion. A price decline seems likely, so make thoughtful choices.
While many meme coins experience growth after an initial drop, often taking months to recover, this doesn't mean $HAMSTR is done for. However, it’s important to stay alert and adapt. History shows that meme coins can surprise investors even after periods of stagnation, so stay informed and consider all viewpoints before making a decision.