Before You Dump Your $HMSTR : Important Insights to Consider
The $HMSTR Alert: Think Twice Before Selling
With the $HMSTR token listing on Binance approaching in just a few hours, you might be debating whether to hold or sell. To make a well-informed decision, take a moment to consider these key points.
The token supply sits at a whopping 50 billion, which sets the stage for heavy selling pressure. Furthermore, the team has reserved a portion for "Season 3" under the pretense of vesting, which could be a tactic to continue extracting funds from investors. This, combined with the deteriorating community trust due to the banning of several valid users under the vague “cheating prevention” policy, has worsened sentiment and could lead to a steep decline in price.
Pre-market price indicators aren't promising either, showing worryingly low values. Adding to the concern, $HMST lacks a clear utility and strong reputation. What real use does $HMST provide? Do you know the team behind the project? Have they seriously addressed the concerns of the community?
Unlike projects like $BOT, $CAT, and Luna, which have built visibility and engagement, $HMST has done the opposite. Considering these points, exiting your position with caution could be a smart move. Personally, I’m planning to offload 85% of my holding, as holding on seems more like wishful thinking than backing a strong project.
Act wisely and don’t get caught holding the bag when the bottom falls out.
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