Should We Sell $HMSTR Token Now? The Answer is No! Here's Why...

In the volatile world of cryptocurrency, it's easy to get caught up in short-term price movements. Many investors are asking: Should we sell Hamster Token now? The answer is no, and here's why.

Firstly, like many new tokens, Hamster Token is still in its early stages. Historically, we've seen similar projects that took time to explode. Look at $SHIB —it didn’t make headlines overnight. For months, investors held onto their tokens while it gathered momentum, and eventually, it soared in value. Another example is $DOGE ; it spent years as a meme coin before gaining massive popularity and value.

Cryptos like these don’t always follow a rapid rise to the top. Instead, they require time, development, and community growth. Hamster Token is building its ecosystem, and just because it hasn’t yet skyrocketed doesn’t mean it won’t.

Selling now could mean missing out on future gains. As with any investment, patience is key. By holding, you're giving Hamster Token the time it needs to potentially explode, just like other tokens have done in the past.

Stay informed, be patient, and remember that the crypto world rewards those who are in it for the long haul!

This week, there are several hot coins gaining attention in the crypto market according to CoinGecko data. Here are the top 03 coins that shows potential and will give you in good return if you invest now

$SUI (SUI) is performing well with a notable 26.7% increase over the past week. It's a high-volume coin with strong gains, making it a standout in today's market.


Toncoin ($TON ON) saw a 17.2% rise over the last week, continuing its upward trend. It's linked with the TON blockchain, a project with deep ties to messaging app Telegram, giving it visibility.


Pendle ($PENDLE DLE) has been on a strong run with a 25.7% gain this week, driven by growing interest in decentralized finance (DeFi) innovations.

Top Meme and Altcoins to Trade in September 2024

$PEPE (Pepe Coin): Currently trading at $0.000007550, Pepe shows signs of bullish momentum with a potential breakout rally. The 4H chart reveals a double top at the 50% Fibonacci level, suggesting that if the breakout continues, it could reclaim the $0.000010 mark. Traders should watch for key resistance levels during the retest​.


$DOGE (Dogecoin): Dogecoin's 4H chart is forming a triangle pattern, with the next resistance levels at $0.08761. If the 4H candle closes above this, it may push DOGE toward $0.20. However, it’s currently testing support around $0.07933, so traders should be cautious of potential downward momentum​.


$SHIB (Shiba Inu): Shiba Inu is approaching a bullish crossover on the MACD in its 4H chart. A breakout at the 61.80% Fibonacci level could see SHIB hitting $0.00004382. However, be mindful of the double bottom formation which indicates potential volatility​.


These coins provide excellent opportunities for both short-term and long-term traders, with each showing significant movement in their respective charts.

This week, several medium and small-cap cryptocurrencies are showing strong potential. Keep an eye on these:
1. $SEI
A specialized blockchain for trading, Sei is gaining attention for its high throughput and low-latency performance, processing up to 20,000 transactions per second. The upcoming Sei v2 upgrade, combining the best of Solana and Ethereum, is expected to boost its capabilities. SEI has seen positive momentum and could experience significant growth.

2.#ONDO
Ondo focuses on tokenizing real-world assets (RWA) like government treasuries, offering stable yields through its RWA products. Its secure tokenization of real assets is drawing attention, making it an interesting prospect for those exploring DeFi with real-world backing.

3. $FET

This AI-driven platform has been gaining traction due to the rising interest in AI and decentralized apps. Fetch.ai focuses on decentralized machine learning and autonomous agents across various sectors. FET has recently gained 11.9%, making it a strong contender in the medium-cap space.

4. $SUSHI


A decentralized exchange (DEX) token supporting DeFi activities like lending and token swaps. Despite some struggles, SUSHI has shown a 12.6% gain this week, signaling renewed interest in the DeFi sector.

These coins offer strong technical fundamentals and market momentum. Always do your own research before investing!

The current technical analysis for The Graph #GRT/USDT presents a mixed picture with both short-term volatility and potential longer-term growth.

In the short term, $GRT has been experiencing significant price fluctuations. According to recent data, GRT's price has shown a 28.54% decline over the past 7 days and a steep 44.83% drop over the last 30 days. Notably, there is a minor recovery in the hourly chart where the price has increased by 2.29% in the last hour. Key technical indicators such as the Simple Moving Average (SMA) and Exponential Moving Average (EMA) across various time frames mostly indicate a downward trend with occasional signs of recovery in shorter intervals like 5 minutes and 15 minutes, where the SMAs are showing slight upward moves.
Looking at resistance and support levels, the immediate resistance levels to watch are $0.350197, $0.362148, and $0.375224, with support at $0.325170, $0.312095, and $0.300143. These figures suggest that GRT might face upward pressure but has strong support at lower price levels, indicating potential stability if it does not break these supports.

In terms of trading sentiment, the overall market sentiment for GRT is currently bearish, which reflects in the recent price declines. However, positive correlations with top cryptocurrencies suggest that movements in the broader market could potentially lift GRT as well.
For a medium to long-term outlook, projections suggest a possible bullish scenario, predicting that GRT could reach $1.618960 by the end of 2025, representing a significant increase from its current levels. This forecast is based on the overall growth trends in the cryptocurrency market and specific developments within The Graph's ecosystem.
Investors interested in GRT should keep an eye on both macroeconomic factors and specific developments within The Graph network, such as updates to its indexing protocols or partnerships that might influence its adoption and use. As always, it's essential to approach such volatile investments with caution.

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