If you're deciding whether to hold or sell your HAMSTR now that itâs listed on Binance, consider the following key factors that could affect your portfolio:
1. Oversupply Issues
With 120 billion HAMSTR tokens in circulation, "Phase 2" reserves are being marketed as a strategy, but this could just be a tactic to retain holders while the team plans an exit.
2. Eroding Community Trust
The project has banned legitimate users for alleged rule-breaking, undermining trust. This could lead to mass sell-offs, pushing the tokenâs value even lower.
3. Lackluster Pre-Launch Hype = Risky Future
The minimal buzz before launch is concerning. With little interest, HAMSTRâs initial price may disappoint, prompting holders to sell quickly after trading begins.
4. Limited Use Cases
HAMSTR lacks real-world applications, has an anonymous team, and a vague roadmap, which are not promising. In contrast, projects like FLIP and BONE have defined purposes and strong communities.
My Take: Proceed with Caution
Iâve already sold 85% of my HAMSTR because holding it feels more like gambling than a wise investment. Itâs important to reassess and not let emotions guide your decision, especially with a potential price drop looming.
Make informed choicesâavoid letting emotions dictate your strategy.
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