There are major boycott campaigns led by many content creators on social media platforms. These campaigns came as a reaction to what some described as a deception carried out by the currency, as expectations indicated a significant increase in its value, but the reality was completely different.
Although Hamster has gained wide popularity and was considered among the promising digital currencies, many investors and users were greatly disappointed after its value dropped significantly. The exaggerated promotion about the possibilities of quick profits through the use of special bots on the Telegram application, including the Hamster bot, which is the largest in Telegram’s history with more than 108 million users, has contributed to increasing doubts about the credibility of this currency
Content creators launched wide-ranging boycott campaigns as a result of what they described as “misleading”, as many believed that Hamster would exceed the value of the dollar, but the exact opposite happened, and it was included in the list of the worst digital currencies. These campaigns aim to warn users against investing in such projects that make unrealistic promises.
