With $HMSTR now listed on Binance, many are rushing to sellābut is that the right move? Before you make a decision, hereās why holding might be a better strategy. Let's break it down:
1. Oversized Token Supply: A Red Flag š©
With 100 billion $HMSTR tokens in circulation, the market is vulnerable to a sudden sell-off. The much-hyped "Season 2" reserve could be a ploy to keep investors engaged while insiders exit quietly.
2. Eroding Community Trust
Bans on legitimate users, accused of ācheating,ā are causing trust issues within the community. As confidence drops, mass sell-offs may follow.
3. Weak Pre-Launch Momentum
$HMSTR struggled to build excitement before its release, signaling potential problems for its price. This could lead to a significant sell-off, leaving remaining holders at a disadvantage.
4. Lack of Real Use Case
Unlike tokens like $NOT and $DOG, $HMSTR lacks a clear utility. The anonymous team, vague roadmap, and poor communication only add to concerns about its future.
My Take:
Iāve already sold off 90% of my $HMSTR. The risks outweigh the potential rewards, making $HMSTR feel more like a gamble than a reliable investment. Stay cautious and base your decisions on facts, not emotions. ā ļø
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