Now that $HMSTR has been listed on Binance, many holders are contemplating selling, but hereâs why holding might be a smarter move. On the other hand, letâs consider some reasons why selling could be the better option:
### Why You Might Want to Sell Your $HMSTR:
1. **Large Token Supply: A Potential Risk**
With 100 billion tokens in circulation, $HMSTR faces the risk of a major sell-off. While the "Season 2" reserve might sound promising, it could also be a tactic to keep investors engaged while insiders offload their holdings.
2. **Eroding Community Trust**
Recent bans of legitimate users for alleged âcheatingâ have sparked concerns within the community. As trust declines, it could lead to a broader wave of sell-offs.
3. **Lackluster Pre-Market Hype**
Prior to its launch, $HMSTR struggled to build any momentum, indicating a weak starting price. This lack of enthusiasm could result in rapid selling, putting remaining holders at greater risk.
4. **Limited Utility**
Compared to tokens like $NOT and $DOG, $HMSTR has limited utility. An anonymous team, a vague roadmap, and unclear communication add to the uncertainty around its long-term potential.
### đĄ My Take:
Iâve already sold 90% of my $HMSTR holdings. With mounting risks, $HMSTR seems more like a gamble than a secure investment. Stay cautious and make informed decisionsâdonât let emotions dictate your choices. â ïž
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