The Real Reason For The Failure Of The Hamster And Whether The Hamster Will Be Able To Rise Again
The main reason for the success or failure of any coin in cryptocurrency is people's trust in it.
It is very difficult in today's age of social media because any talk or rumor spreads like wildfire among people.
In this way, the main reason for the failure of Hamster was the loss of trust of people before its release.
(1) One is the very late release of $HMSTR and then moving the date forward -
(2) Misleading people as to how the distribution will be calculated by PayParHour and then completely backtracking -
(3) Releasing your coin at a good price to make it look good knowing it will drop in price immediately after release because people have grown out of $HMSTR -
(4) Why would people hold such coins when there are better and more secure coins in the market like $DOGS -
But it's not like the Hamster can't rise again, if the Hamster completes his second phase as soon as possible and honestly, maybe the people's confidence will come back again
Author ( @PB KING )
