If you're considering whether to hold or sell your HAMSTR tokens following its Binance listing, take into account these key points that could impact your investment:
Oversupply Issues
With 120 billion HAMSTR tokens already in circulation, "Phase 2" reserves may be positioned as a way to incentivize holding, but they might also hint at a potential team exit strategy.
Declining Community Confidence
Legitimate users are reportedly being banned for minor violations, which is eroding trust within the community. This growing dissatisfaction could trigger mass sell-offs, driving the token's price down.
Lackluster Pre-Launch Buzz = Uncertain Prospects b
The low level of excitement leading up to HAMSTR's launch is a concerning signal. With little attention and hype, the initial price may disappoint, leading many investors to sell early.
Few Use Cases
HAMSTR lacks tangible utility, is driven by an anonymous team, and has a vague roadmap. This stands in stark contrast to tokens like FLIP and BONE, which offer clear use cases and strong community support.
My Take: Be Cautious
I've already liquidated 85% of my HAMSTR tokens because holding feels more speculative than strategic. It’s important to reassess your position and avoid emotionally-driven decisions, especially when a price drop seems likely.
Stay informed and make decisions based on facts, not emotions.
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