If you are wondering whether to hold or sell HAMSTR tokens after listing on Binance, consider the following factors that may greatly affect your portfolio:
Concerns about oversupply
With 120 billion HAMSTR tokens in circulation, the “Phase 2” reserve could be positioned as a way to retain holders, but it could also signal the possibility of a team exit.Eroding community trust
Legitimate users are being banned for alleged violations, leading to a loss of community trust. This discontent could trigger a sell-off, pushing the token's value even lower.Low Pre-Launch Enthusiasm = Uncertain Future
The muted excitement leading up to the HAMSTR launch is a warning sign. If left unchecked, the token’s initial price could disappoint, causing many holders to dump their assets as soon as trading begins.Limited Use Cases
HAMSTR lacks practical utility, has an anonymous team, and a vague roadmap. This pales in comparison to projects like FLIP and BONE, which have clear use cases and active, supportive communities.
My opinion: Be cautious.
I sold 85% of my HAMSTR tokens because holding is more like gambling than rational investing. It is important to reassess your positions and avoid emotional decisions, especially when the price seems to be going down.