The tyranny and cruelty that has been going on for more than a week since the launch of the $HMSTR token is NOT NORMAL. Is it possible that the next #taptoearn will be worse? specifically in the $TON network
Brother or sister, I invite you to follow me while I analyze the cryptocurrencies that promise to be great, but that in the end leave a bad taste in the mouth. A clear example of this is the Hamster Kombat token (HMSTR).
After its launch, the HMSTR had a disastrous performance in the market, losing more than 50% of its value in a few days. This was due, in large part, to a poorly managed airdrop, where the distribution favored influencers and large accounts with referrals, leaving regular users with very little. Furthermore, a significant portion of the tokens are locked in a 10-month vesting, which has led to further frustration among investors(Bybit Learn)(Blockonomi).
What's worse is that despite its massive user base and the team's promises, the practical use of the token remains almost non-existent, leading to a drop in interest and a sell-off of HMSTR. A lack of solid use cases and a declining in-game economy have led many to consider it a failure on a functional level(Bybit Learn)(Blockonomi).
I invite you to stay for more analysis and opinions on cryptos that promise a lot, but deliver little.