Here’s why holding onto your $HAMSTR might not be the best move:
Now that $HAMSTR is live on Binance, you might be wondering whether to sell or keep holding. Before you make any decisions, here's some key information that could significantly impact your portfolio:
1. Overloaded Token Supply
With 120 billion $HAMSTR tokens in circulation, the so-called "Phase 2" reserves seem less like a long-term strategy and more like a tactic to keep holders locked in while insiders cash out.
2. Declining Trust in the Project
The project’s aggressive banning of legitimate community members for supposed 'rule violations' is sparking a lot of distrust. This growing lack of faith could trigger a wave of sell-offs, putting even more pressure on the token’s price.
3. Weak Pre-Launch Interest = High Risk
The lack of excitement before launch is concerning. With minimal hype, the initial trading price could underperform, leading many holders to sell at the first opportunity.
4. No Clear Purpose
$HAMSTR lacks any real-world utility. The anonymous team, vague roadmap, and poor communication are major red flags. In contrast, projects like $FLIP and $BONE have defined use cases and active community engagement.
My Take: Be Cautious
I’ve personally offloaded 85% of my $HAMSTR holdings because holding onto it feels more like a gamble than a strategic investment. Take a step back, reevaluate, and avoid making decisions based on hope when the signs point to a price drop.
Make an informed choice—don’t let emotions drive your trades.
#BinanceLaunchpoolHMSTR #HAMSTRonBinance #HamsterDumpWarning #BTCRecovery #FTXSaga
