If you're contemplating whether to hold or sell your HAMSTR tokens after its Binance listing, take these important factors into account:
1. Supply Concerns: With 120 billion HAMSTR tokens in circulation, "Phase 2" reserves may be framed as an incentive for holders, but could also hint at a possible team exit strategy.
2. Declining Community Confidence: The banning of legitimate users over alleged violations has caused a drop in community trust, potentially leading to sell-offs that could drive the token's value down further.
3. Lackluster Pre-Launch Enthusiasm: The limited excitement before HAMSTR's launch is a warning sign. Without much buzz, its initial price may disappoint, prompting many to sell quickly after trading begins.
4. Limited Use Cases: HAMSTR lacks clear utility, an anonymous team, and a vague roadmap, especially when compared to other tokens like FLIP and BONE that offer defined use cases and strong community support.
My Take: I've sold 85% of my HAMSTR holdings, as keeping them feels more like gambling than a solid investment. Itâs important to reassess your position and make informed, rational decisions, especially with a potential price drop on the horizon. Avoid letting emotions guide your strategy.
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