Now that HAMSTR is listed on Binance, investors are faced with an important choice: sell or hold? Here are some key factors to consider before deciding what to do with your HAMSTR tokens:

1️⃣ Risk of Oversupply and Concerns About Phase 2

HAMSTR has released a whopping 120 billion tokens into the market. While “Phase 2” is being promoted to encourage holders not to sell, this could also indicate that the project’s founders are planning to exit early. This could cause an oversupply, which could devalue the token.

2️⃣Reduce Community Trust and Negative Psychology

There is a worrying trend of banning legitimate users in the HAMSTR community, leading to a loss of trust. If this discontent continues, it could trigger a sell-off, pushing the token price even lower. The lack of excitement around the HAMSTR launch and weak initial trading interest suggest that investors may sell quickly.

3️⃣Limited Amenities and Weak Leadership

Compared to other tokens like FLIP and BONE, HAMSTR lacks clear use cases and effective leadership. The project has no clear plan, making it less attractive than other tokens with strong communities and real-world applications.

4️⃣Advice For Investors: Be Careful

With these concerns, I have sold 85% of my HAMSTR tokens as I consider this a high-risk investment. Investors should carefully consider their HAMSTR positions and avoid making emotional decisions. Stay informed and take a strategic approach to managing risk in the volatile cryptocurrency market.