⏳ In just a few hours, the $HMSTR token will start trading on Binance, and if you're torn between selling or holding onto your tokens, don't stress!
The decision is actually pretty straightforward.
But before I tell you what to do, let's dive into what's really going on.
📉 Everything we've seen points to one clear conclusion: sell your $HMSTR tokens before it's too late.
Why, you ask? Let’s start with the token supply.
💰 With a massive supply of 100 billion tokens,
$HMSTR is already set up for extreme selling pressure.
the team has set aside a portion for "Season 2" under the guise of vesting. While that might sound strategic, it’s honestly just a way to keep squeezing more out of us. 🍋
🚫 Loss of trust in the community
Don’t forget, the team has also lost the community's trust by banning numerous legitimate users, claiming they were "cheating." This has only worsened sentiment, likely increasing the selling pressure.
Does it stop there? No.
📊 Pre-market price warning
The pre-market prices suggest we could be in for some seriously low numbers. Regardless of the listing price, it’s clear the selling pressure will be intense, which could lead to a major dump.
But wait, there’s more. No real utility or credibility
Ask yourself: What real utility does $HMSTR have? Do you even know who’s behind the project? Have they made any serious attempts to address the community’s concerns? We've seen projects like $NOT, $DOG, and Blum making efforts to be transparent and engage with their communities, but $HMSTR? Quite the opposite.
💡 My advice? Dump, but with caution
I’m not saying you should dump all of your holdings, but personally, I’m letting go of 90% of mine. Why? Because holding on feels more like clinging to false hope rather than investing in a solid project.
At the end of the day, it’s your call. But if the past week is anything to go by, $HMSTR is on a fast track to crashing. Don’t be left holding the bag when the floor falls out from under you.