$HMSTR has just been listed on Binance, and if you're considering whether to hold or sell, this is your reality check. Your next move could have a major impact on your market position.
Here’s why selling $HMSTR might be the smarter choice:
1. Token Supply Surge
With 100 billion tokens in circulation, $HMSTR faces the risk of a large sell-off. The "Season 2" token reserve might seem like a strategic move, but it looks more like a tactic to keep the community engaged while profits are gradually taken.
2. Eroding Community Trust
Banning legitimate users over alleged 'cheating' has hurt community trust. This loss of confidence could lead to a broader sell-off as more users start to lose faith in the project.
3. Weak Pre-Market Interest
Pre-market buzz for HMSTR has been underwhelming, suggesting a potentially low starting price. This raises the chances of a significant sell-off when trading begins, which isn't a good sign for those still holding.
4. Limited Utility
$HMSTR’s utility is minimal. The team remains anonymous, the roadmap is unclear, and communication with the community is lacking. Compared to projects like $NOT and $DOG, which offer clear value and engagement, falls HMSTR short.
My Take:
Proceed with caution. I’m selling off 90% of my holdings because staying invested feels more like a gamble than a sound strategy. Be careful, and don’t let hope keep you in the market when a drop seems inevitable.
Make your decision carefully, and don’t let optimism cloud your judgment.
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