If you're on the fence about whether to hold or sell $HAMSTR now that it's listed on Binance, consider these important factors before taking action—your choice could have a big impact on your portfolio.
### 1. Token supply over demand problem
With 120 billion tokens in circulation, $HAMSTR's oversupply is a concern. The so-called "Phase 2" reserve may be less about long-term strategy and more about keeping holders engaged while the team plans its exit.
### 2. Declining trust in the community
The project's approach of banning legitimate members for "rule violations" is believed to have undermined trust. Growing discontent could lead to a major sell-off, putting further pressure on the token's price.
### 3. Low Pre-Launch Hype = High Risk
Lack of pre-launch excitement is a big warning sign. With minimal initial interest, the listing price of $HAMSTR could fall, causing holders to quickly dump their tokens.
### 4. Limited practical utility
$HAMSTR's use cases are unclear, and the anonymity of the team, unclear roadmap, and lack of communication are worrying signs. In comparison, projects like $FLIP and $BONE offer tangible utility and strong community engagement.
My recommendation: Proceed with caution.
I sold 85% of my $HAMSTR shares, as holding it was more of a gamble than a sound investment. It is important to reassess your position and not let wishful thinking cloud your judgment, especially when the price looks like it will fall.
Make informed decisions—don't let emotions dictate your strategy.
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