If you're debating whether to hold or sell your HAMSTR tokens after its listing on Binance, consider the following factors that could heavily influence your portfolio:
Excessive Supply Concerns
With 120 billion HAMSTR tokens in circulation, "Phase 2" reserves may be positioned as a way to retain holders, but it could also signal a potential exit by the team.
Eroding Community Confidence
Legitimate users are being banned for alleged violations, leading to a decline in community trust. This dissatisfaction may trigger sell-offs, pushing the token's value even lower.
Low Pre-Launch Enthusiasm = Uncertain Future
The muted excitement before HAMSTRâs launch is a red flag. With little attention, the tokenâs initial price could disappoint, causing many holders to dump their assets as soon as trading starts.
Limited Use Cases
HAMSTR lacks real-world utility, has an anonymous team, and a vague roadmap. This pales in comparison to projects like FLIP and BONE, which have clear use cases and active, supportive communities.
My Perspective: Exercise Caution
Iâve already sold 85% of my HAMSTR tokens because holding feels more like gambling than a sound investment. It's crucial to reevaluate your position and avoid emotional decisions, especially when a price drop seems likely.
Stay informedâdonât let emotions dictate your investment strategy.
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