Hamster Coin (HMSTR) has seen a significant decline recently. Some of the details that explain this decline include:
1. High market volatility: Hamster Coin is highly affected by market volatility, which has caused it to lose about 30% of its value in a short period.
2. User dissatisfaction: Users are dissatisfied with how the coin is distributed, which has increased selling pressure on it. This situation has led to the continuation of the downward trend despite the coin being launched on major trading platforms.
3. Circulating supply: A large portion of the circulating supply has not yet been activated, which means that there is liquidity available that may affect the price in the future.
4. Future expectations: Despite the current decline, there are some hopes for a long-term recovery, but this depends on the decrease in selling pressure and the improvement of the technical conditions of the coin.
If you are thinking of investing, it is important to follow the coin’s news and technical developments related to it, as it may take time before its performance improves.
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