With $HAMSTR listed on Binance, you may be hesitant to hold or sell your tokens. However, it is important to keep these points in mind before making any move that may impact your financial portfolio.
1. Massive Token Supply The current supply of $HAMSTR is around 120 billion tokens in circulation. While the planned future reserve in “Phase 2” may seem like part of a long-term strategy, it is more like an attempt to retain investors while the team cashes out.
2. Declining community trust Due to decisions to ban some legitimate members under the pretext of “violating the rules”, the skepticism about the project has increased. This decline in trust could lead to a massive sell-off that negatively impacts the value of the token.
3. Low Pre-Launch Hype = High Risk The lack of hype and excitement around the $HAMSTR launch suggests potential problems. With limited market interest, the launch price could be disappointing, prompting investors to sell their tokens as soon as trading begins.
4. Lack of clear vision $HAMSTR offers little practical utility. The team behind the project is unknown, the roadmap is vague, and communication with the community is weak. In contrast, tokens like $FLIP and $BONE have clear uses and active engagement with their communities.
Bottom line: Be very careful. I chose to sell 85% of my $HAMSTR holdings because holding it seemed like a gamble rather than a well-thought-out investment. It is important to re-evaluate your position and not let unwarranted optimism influence your decisions when bearish signals are evident.
Make your decision rationally, and don't let emotions influence you.
I do not take responsibility for anyone. This is my personal opinion.