đšAlert: Consider Carefully Before Selling Your $HAMSTR!
If you're on the fence about holding or selling $HAMSTR following its Binance listing, here are several factors to weigh. Your decision could significantly affect your portfolio:
1. Token Oversupply
With 120 billion tokens in circulation, oversupply is a major concern for $HAMSTR. The so-called âPhase 2â reserves may be more about keeping current holders invested while the team prepares for an exit rather than a long-term strategy.
2. Community Trust Erosion
The project's practice of banning legitimate members over alleged rule violations has eroded confidence. This growing discontent could spark a sell-off, adding further downward pressure on the tokenâs price.
3. Pre-Launch Hype Was Minimal
A lack of excitement before launch is a warning sign. With little early buzz, $HAMSTRâs listing price may underperform, pushing holders to offload their tokens quickly.
4. Unclear Utility
$HAMSTR's real-world applications are murky, and the team's anonymity, vague roadmap, and poor communication are troubling. Other projects like $FLIP and $BONE offer clear utility and strong community engagement in comparison.
My Recommendation: Tread carefully. I've already sold 85% of my $HAMSTR holdings because holding feels more like a risk than a solid investment. It's vital to reassess your position and not let hope cloud your judgment, especially when a price drop seems imminent.
Stay informedâmake decisions based on facts, not emotions.