Before you make any decisions regarding your $HMSTR tokens, here’s what you need to consider.
In just a few hours, the $HMSTR token will begin trading on Binance. If you're torn between selling or holding, the decision might seem challenging, but it’s actually quite straightforward. Let’s take a closer look at what’s happening with $HMSTR.
Why should you consider selling?
Over the past week, all signs point to one conclusion: it's time to dump your $HMSTR tokens before it’s too late.
Here’s why:
1. Token Supply:
With a massive supply of 100 billion tokens, $HMSTR is positioned for significant selling pressure. A portion of the tokens is reserved for “Season 2,” under the guise of vesting, which may seem strategic, but in reality, it’s a tactic to keep users invested while the team benefits.
2. Loss of Trust:
The project has alienated its community by banning legitimate users under the pretext of "cheating." This has further worsened sentiment and could increase the pressure to sell.
3. Price Concerns:
The pre-market price has shown indications of a potential drastic drop. Even if the listing price is favorable, the immense selling pressure might lead to a sharp dump.
4. Lack of Utility and Credibility:
Ask yourself: What real utility does $HMSTR provide? Do you know the team behind it? Unlike other projects like $NOT, $DOG, and Blum, which have addressed user concerns openly, $HMSTR has failed to build credibility.
My advice?
Sell with caution.
While I’m not suggesting you completely sell off all your holdings, personally, I’m letting go of 90% of my tokens. Holding onto $HMSTR feels more like holding onto false hope than an investment in a solid project.
The choice is ultimately yours, but based on recent events, it’s clear that $HMSTR is likely headed for a significant dump. Don’t be caught holding the bag when the floor drops. Make your decision wisely.
