ALERT: THINK TWICE BEFORE SELLING YOUR $HAMSTR
If you're thinking about holding or selling your $HAMSTR now that it's live on Binance, here are a few key points to consider. Your decision could have a big impact on your portfolio.
1. Oversupply Concerns
There are currently 120 billion $HAMSTR tokens in circulation. While "Phase 2" reserves are being promoted as a strategy, it might just be a way to keep holders while the team exits.
2. Declining Community Trust
The project has been banning legitimate members for alleged rule violations, damaging community trust. This growing dissatisfaction might trigger a wave of sell-offs, further lowering the token's value.
3. Weak Pre-Launch Hype = Risky Outlook
The lack of excitement before the launch is concerning. With minimal interest, $HAMSTR's initial price might disappoint, leading holders to sell as soon as trading begins.
4. Lack of Utility
$HAMSTR has limited real-world use, and its anonymous team, vague roadmap, and poor communication don't inspire confidence. In contrast, projects like $FLIP and $BONE have clear purposes and active communities.
My Take: Be cautious.
I've sold 85% of my $HAMSTR holdings, as holding feels more like gambling than a smart investment. It's crucial to reassess and not let emotions cloud your judgment, especially when a price drop seems likely.
Make informed decisionsโdonโt let emotions guide your strategy.
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