š„ With $HMSTR now listed on Binance, many are considering selling, but hereās why holding off might be a smarter choice. Letās explore the reasons you may want to sell your $HMSTR now. š
1. Massive Token Supply: A Potential Risk
HMSTR has 100 billion tokens in circulation, making it prone to a sell-off. Although the "Season 2" reserve sounds promising, it could be a tactic to keep investors while insiders quietly sell off their holdings.
2. Declining Community Trust
Recent bans of legitimate users under the claim of ācheatingā have led to growing mistrust within the community. As trust fades, a wave of sell-offs may follow.
3. Weak Pre-Market Hype
Before its launch, HMSTR struggled to gain momentum, hinting at a weak starting price. This could result in a sharp sell-off, putting remaining holders at risk.
4. Lack of Utility
Compared to tokens like $NOT and $DOG, $HMSTR offers little utility. The anonymous team, unclear roadmap, and poor communication add to concerns about its long-term prospects.
š” My Opinion:
Iāve already sold 90% of my $HMSTR. With mounting risks, $HMSTR feels more like a gamble than a solid investment. Stay cautious and make informed decisionsādonāt let emotions cloud your judgment. ā ļø
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Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.Ā See T&Cs.
