With $HMSTR now listed on Binance, many investors are tempted to cash out, but let’s dig into why holding could be the smarter move—and why selling might be risky!
Reasons to Consider Selling Your $HMSTR:
1. Large Token Supply: With 100 billion tokens circulating, the potential for a sell-off is high. While the “Season 2” reserve sounds appealing, it could be a tactic for insiders to unload their holdings while keeping others engaged.
2. Eroding Community Trust: Recent bans of legitimate users for alleged ‘cheating’ have caused trust issues within the community. This growing distrust could lead to mass sell-offs.
3. Lackluster Pre-Market Hype: $HMSTR struggled to gain momentum pre-launch, hinting at a weak price start. This could trigger a rapid sell-off, putting remaining holders at risk.
4. Limited Utility: Compared to tokens like $NOT and $DOG, $HMSTR lacks utility. An anonymous team and unclear roadmap only add to the uncertainty about its future.
💡 My Take: I’ve sold 90% of my $HMSTR holdings. The risks are mounting, and $HMSTR feels more like a gamble than a solid investment. Stay sharp and make informed decisions—don’t let emotions dictate your moves! ⚠️
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Make your choice wisely!