Now that HMSTR is live on Binance, many holders are eager to sell. However, it's crucial to consider the implications before making a decision. Here’s a breakdown of the situation:
1. **Overloaded Supply**: With 100 billion HMSTR tokens in circulation, a significant sell-off could occur. The appeal of the "Season 2" reserve might be a strategy to keep holders invested while insiders potentially exit.
2. **Trust Issues**: Some legitimate users have faced bans over accusations of ‘cheating,’ which is breeding distrust within the community. A loss of confidence could trigger a wave of selling.
3. **Lack of Pre-Listing Buzz**: The pre-launch excitement for HMSTR was minimal, raising concerns about a weak start and potential price declines, putting holders at risk.
4. **Utility Gap**: Compared to established tokens like NOT and DOG, HMSTR's utility appears limited. With an anonymous team and vague roadmap, long-term potential remains questionable.
**The Verdict**: I've sold 90% of my HMSTR holdings. Given these warning signs, it feels more like a gamble than a secure investment. Be cautious, evaluate your options, and avoid letting FOMO dictate your decisions.
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