Hamster Kombat (HMSTR) on Binance, investors wonder: should they sell tokens immediately after listing or wait?
Factors to consider:
Trading Volume: Listing on major exchanges like Binance often results in a significant increase in trading volume. This can create an opportunity for quick profits if the token price rises immediately after trading begins.
Accumulation Phase: If a token is in the accumulation phase, it may mean that the price will fluctuate within a certain range before possibly rising. Investors may consider holding onto tokens for greater gains in the future.
Tokenomics: As experts note, most of the tokens (82.3% of the total) can be sold immediately after listing by players, which can lead to a drop in price. This is important to consider when deciding to sell.
Market and sentiment: The overall market situation and investor sentiment also play an important role. If there is optimism and interest in memecoins in the market, this can help the price of HMSTR rise.
Personal Goals: Ultimately, the decision to sell should be based on your personal investment goals and strategy.