If you're thinking about selling or holding onto your $HAMSTR now that itâs listed on Binance, consider these important pointsâyour choice could significantly affect your portfolio.
1. Oversupply Problems
There are 120 billion $HAMSTR tokens in circulation, which raises concerns about oversupply. The âPhase 2â reserves might not be a long-term strategy but a way to keep holders interested while the team possibly plans an exit.
2. Loss of Community Trust
Banning legitimate members for supposed rule-breaking has caused a loss of trust in the project. If more people become unhappy, a large sell-off could happen, driving the price down.
3. Low Pre-Launch Interest = High Risk
A lack of excitement before the launch is a big warning sign. Without strong early interest, the listing price might not hold, leading to quick sell-offs by token holders.
4. Lack of Real Use
$HAMSTR doesnât have clear use cases, and the team's anonymity, vague plans, and poor communication raise concerns. In comparison, projects like $FLIP and $BONE offer clear utility and strong community support.
My Advice: Be careful.
Iâve already sold 85% of my $HAMSTR because holding it now feels more like a gamble than a smart investment. Itâs important to rethink your position and avoid letting emotions cloud your judgment, especially if the price might drop.
Make smart decisionsâdonât let emotions guide your actions.
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