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Before You Let Go of Your $HMSTR: A Quick Reality Check!
In just a few hours, $HMSTR is about to go live on Binance. If you’re on the fence about whether to hold or sell, here’s a fresh perspective on what’s unfolding. Before sharing my thoughts, let's break down the current situation.
Over the past week, it’s become clear that letting go of $HMSTR could be the smartest move before things take a downturn. Here’s why:
1. TOKEN SUPPLY PRESSURE: With a staggering 100 billion token supply, the market is facing intense selling pressure. The team's decision to reserve some tokens for "Season 2" may seem strategic, but it feels more like a way to keep investors hooked while driving profits.
2. COMMUNITY DISTRUST: The recent banning of legitimate users accused of 'cheating' has sparked widespread negativity. This has shaken the community's confidence and could lead to a much larger sell-off.
3. LOW PRE-LAUNCH PRICE: Early buzz suggests a low listing price, setting the stage for a potential sell-off once trading begins. This isn’t a promising outlook for those holding onto the token.
4. LACK OF REAL UTILITY: Let’s face it—what actual value does $HMSTR offer? The faceless, unresponsive team and lack of transparency raise concerns, especially when compared to projects like $NOT and $DOG, which have strong community engagement and clear utility.
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