It’s not an easy reality to face, but it's important to confront it. Many meme coins, like Pepe, have demonstrated that even after a slow start, they can surge dramatically within six months of listing on Binance and other exchanges.
Now that $HAMSTR is live on Binance, you might be considering your next steps. Before deciding, consider factors that could significantly affect your portfolio. With $HAMSTR’s large supply of 120 billion tokens, there are concerns, and the "Phase 2" reserves may be a strategy to keep holders invested while benefiting insiders.
Distrust is growing due to how the project has handled community issues, such as unjustified bans, which could lead to a large-scale sell-off, driving prices down further. The lack of pre-launch excitement hints at potential risks, and with little initial hype, $HAMSTR’s launch price could disappoint, leading to a quick sell-off by holders.
Additionally, $HAMSTR lacks real-world applications, and the anonymous team, unclear roadmap, and poor communication raise red flags. In contrast, tokens like $FLIP and $BONE have clear utility and active community engagement.
Personally, I’m taking a cautious approach by selling 85% of my $HAMSTR. Holding onto it feels more like a gamble than a well-informed investment. Reassess your position and avoid making decisions based on emotions. A price drop seems likely, so be smart about your choices.
Many meme coins have seen significant growth after initial drops, often taking months to recover. This history suggests that even if $HAMSTR’s price falls, it may not be the end. However, it’s vital to stay alert and adapt to market changes.
Meme coins have historically surprised investors, even after long periods of stagnation. Stay informed and weigh different perspectives before making investment decisions.