With 130 billion tokens in circulation, supply concerns are growing. While the project team has hinted at a "Phase 2" reserve to inspire confidence, some view this as a strategy to keep investors engaged while the team plans an exit. The massive supply dilutes the value of individual tokens, requiring significant buying pressure to raise prices, which limits $HAMSTR's potential for long-term gains.
Previously, a bounce back to 0.0120 was predicted, with support at 0.0060. Selling now might not offer substantial returns, and could even result in minimal gains or losses.
The talk of a "Phase 2" reserve has fueled skepticism, with some investors believing it's a tactic to keep holders invested while the team considers exiting. This raises questions about whether the team is committed to long-term growth or just buying time.
Before deciding, take broader market trends into account and consider diversifying into more stable assets. Whether to hold or sell $HAMSTR depends on your risk tolerance. Weigh your options carefully and seek further insights before making any moves. Selling at the wrong time could be costly, so reassess your strategy to ensure an informed decision.
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