It won't be a pleasant experience, but it's necessary to face reality. Many meme coins, including Pepe, have proven that even after a lackluster start, they can still see significant gains six months after launching on Binance and other exchanges.
With $HAMSTR now live on Binance, you may be weighing your options. Before making a move, consider factors that could significantly impact your portfolio. $HAMSTR’s massive circulation of 120 billion tokens is cause for concern, and the planned “Phase 2” reserve seems like a tactic to keep holders in the loop while insiders profit.
Growing skepticism stemming from the project’s handling of community issues, including the unjustified ban, could trigger a massive sell-off, further depressing the token price. The lackluster pre-launch enthusiasm signals potential risks, and without the initial excitement, HAMSTR’s launch price could disappoint, causing holders to quickly sell their tokens.
Furthermore, HAMSTR’s lack of tangible real-world applications and anonymous team, vague roadmap, and poor communication raise concerns. In contrast, tokens like $FLIP and $BONE offer clear use cases and community engagement.
Personally, I am taking a conservative approach, selling 85% of my HAMSTR shares. Holding is more of a gamble than an informed investment. Reassess your position and avoid making emotional decisions. The price looks set to drop, so make informed choices.
Many meme coins have seen significant growth after initial drops, often taking months to regain traction. This historical context suggests that even if the price of $HAMSTR drops, it is not necessarily the end. However, it is important to remain vigilant and adapt accordingly.
History has shown that meme coins can surprise investors, even after long periods of stagnation. Stay informed and consider multiple perspectives before making an investment decision.
