If you’re considering selling your HMSTR tokens, take a moment to review some important points, especially now that $HAMSTR is listed on Binance.
1. Circulating Supply:
Currently, there are 120 billion HMSTR tokens in circulation. This large supply can impact the token’s price, especially with early holders possibly selling off. Although the “Phase 2” reserve strategy is trying to keep investors engaged, the high supply could affect future price growth.
2. Community Issues:
Recent actions, like banning users for small reasons, are causing some friction within the community. When trust is lost, it can lead to more people selling their tokens, which might drive the price down.
3. Unclear Roadmap:
Even though $HAMSTR had a lot of hype before launch, it hasn’t fully met expectations. Without a clear purpose or use case, it’s struggling to compete with other tokens like $FLIP or $BONE that have more established utility. Its long-term potential is still uncertain.
Personally, I’ve sold 85% of my holdings and shifted to more stable assets. It’s important to make decisions based on analysis, not emotions, especially during uncertain times.
