Thinking of Selling $HMSTR? Consider These Factors First! đšđ„
With $HMSTR now officially listed on Binance, some investors are contemplating selling. Here are some points to weigh before making a decision:
Reasons to Consider Selling $HMSTR:
1. Massive Token Supply: A Concern
$HMSTR has a circulating supply of 100 billion tokens, raising fears of a potential sell-off. While the "Season 2" reserve might appear promising, some suspect itâs a tactic to retain investors as insiders exit quietly.
2. Eroding Community Trust
Reports of users being banned for alleged 'cheating' have sown distrust within the community. If this continues, it could lead to a larger sell-off, further impacting the tokenâs value.
3. Lack of Pre-Launch Hype
$HMSTRâs listing was met with a lukewarm reception, and the initial sluggish launch may prompt panic selling, putting holders at risk.
4. Unclear Real-World Use Cases
Unlike established tokens such as $NOT and $DOG, $HMSTRâs utility is still ambiguous. An anonymous team, a vague roadmap, and limited communication raise concerns about its long-term viability.
My View:
Iâve sold 90% of my holdings due to these mounting risks. The token seems more speculative than a sound investment. Always make informed decisions and donât let emotions dictate your trades. â ïž
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