HAMSTR has an overwhelming supply of 120 billion tokens in circulation, and despite talk of a "Phase 2" reserve, it feels more like a tactic to keep investors engaged while the team prepares to cash out. This huge supply makes it hard for the token to gain value, which is a red flag for many traders.
Community trust is another issue. Banning legitimate members over rule violations has shaken confidence, and this could lead to a wave of sell-offs, driving the price even lower. Add to that the lack of pre-launch excitement, which means HAMSTR could face a disappointing start, prompting early investors to offload their tokens.
Lastly, HAMSTR doesn’t offer much real value or purpose. With an anonymous team, a vague roadmap, and minimal engagement, the project lacks credibility. In contrast, other projects like FLIP and BONE have strong utility and active communities, making them more reliable investments. Given all this, selling your HAMSTR now might be a smart move before the situation worsens.
