In just a few hours, $HMSTR will begin trading on Binance, and if you're torn between selling or holding onto your tokens, don't overthink itâthe decision is straightforward. But before diving into the answer, letâs take a closer look at the situation.
Over the past week, all the signs about Hamster point to one conclusion: sell your $HMSTR tokens before it's too late.
Let's break it down:
Token Supply Issues
With an enormous supply of 100 billion tokens, $HMSTR is already under immense selling pressure. Instead of fully rewarding the community, the team has reserved a portion for "Season 2" under the pretext of vesting. While this may seem strategic, it appears to be a way to keep taking advantage of holders.
Loss of Trust
The communityâs trust has also been damaged, with the team banning several legitimate users under the excuse of âcheating is bad.â This move has only worsened sentiment, adding to the potential selling pressure.
Pre-Market Concerns
The pre-market price shows signs that we may be in for a very low initial trading price. Regardless of where it opens, the selling pressure is likely to be heavy, potentially causing a significant drop.
No Real Utility or Credibility
Ask yourself: What real utility does $HMSTR provide? Do you even know the team behind the project? Have they done anything to address the concerns of the community? Compare this to other projects like $NOT, $DOG, or Blum, where teams are actively engaging with usersâ$HMSTR has been the exact opposite.
My Advice? Dump with Caution
Iâm not saying you should sell everything, but personally, Iâm letting go of 90% of my tokens. Why? Because holding on feels more like wishful thinking than a solid investment. While the decision is ultimately yours, if the past week is any indication, $HMSTR is poised for a major drop.
Donât be left holding the bag when the price crashes. Make your move wisely.
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