Binance Launchpool is new: A brief discussion on the price trend of HMSTR.

First of all, I think Launchpool is worth participating in, which is equivalent to the dividends obtained by holding BNB.

According to an estimate, 10,000 USDT can get about 2,500 HMSTR. The returns of previous Launchpools are very good, so you can participate. After all, USDT is depreciating now, so it is better to mine on Binance than to leave it there.

The price of BNB is affected by the overall market, which is currently on an upward trend. If the price of Bitcoin can successfully break upward, the BNB used for locking positions will also appreciate.

Secondly, let's talk about the price trend of HMSTR after it goes online.

It is recommended that holders sell it within a few days after the launch. I think the subsequent price will fall as the popularity decreases.

DOGS is the first token in Telegram to be listed on Binance. When Bitcoin fell in the early stage of the launch, DOGS rose strongly. But after the popularity faded, the market rose as a whole, but DOGS fell.

HMSTR is just a small program on Telegram. This kind of small application has a low market value. Like meme coins, its value depends on popularity, so it is recommended to sell it in the early stage of launch to avoid subsequent depreciation.

Take BANANA as an example. It has fallen a lot over time. The price of newly launched CATI has also begun to fall after the popularity has subsided.