If you’re debating whether to hold or sell $HAMSTR now that it’s listed on Binance, consider these key factors before making your move—your choice could have a major impact on your portfolio.
### **1. Token Oversupply Issues**
With 120 billion tokens in circulation, $HAMSTR’s oversupply is a concern. The so-called “Phase 2” reserves might be less about long-term strategy and more about keeping holders engaged while the team plans its exit.
### **2. Declining Trust in the Community**
The project’s approach of banning legitimate members for supposed ‘rule violations’ has undermined confidence. Growing discontent could lead to a massive sell-off, putting further pressure on the token’s price.
### **3. Low Pre-Launch Hype = High Risk**
A lack of pre-launch excitement is a major red flag. With minimal early interest, $HAMSTR’s listing price may fall short, prompting holders to dump their tokens quickly.
### **4. Limited Real-World Utility**
$HAMSTR’s use cases are vague at best, and the team’s anonymity, unclear roadmap, and lack of communication are troubling signs. In comparison, projects like $FLIP and $BONE offer tangible utility and strong community engagement.
**My Recommendation:** Proceed with caution.
I’ve already sold 85% of my $HAMSTR holdings, as holding onto it feels more like a gamble than a sound investment. It’s crucial to reassess your position and not let wishful thinking cloud your judgment, especially when a price drop seems likely.
**Make informed decisions—don’t let emotions guide your strategy.**
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