$HMSTR is the worst token on TON, and here’s why🧐!
First, you need to understand that the DEX price (on STON.fi, in this case) is more important than the CEX price (e.g., #Binance ). In 80% of cases, when there’s a price discrepancy between DEX and CEX, the market adjusts to the DEX price🥇.
A key factor influencing a token’s price on #DEX is liquidity in the pool (in this case, HMSTR/TON). Liquidity directly impacts the trading volume of a pair📊—the higher the liquidity, the larger the amount you can buy without losing money to price impact.
Now, here’s the issue: Despite having a $136M market cap, HMSTR has only $46K liquidity on STON.fi in the HMSTR/TON pool. That’s extremely low🥶.
Because of this, when Pavel Durov left France, all #TON -based memecoins jumped at least +15%📈—but HMSTR only gained +6%.
With such low liquidity, HMSTR simply won’t be able to pump. If the Hamster team does nothing, the token will likely fall rather than rise, even though they launched their L2 blockchain on TON—Hamster Network🌐.
To fix this, the Hamster team must do one of the following👇:
Provide liquidity using their own tokens on STON.fi
Launch a farming pool for HMSTR/TON on STON.fi to attract liquidity providers, who might keep their liquidity even after farming ends.
By the way, STON.fi currently offers very high APRs in its pools👇:
TON/USDT 17% APR NOT/USDT 34% APR
DOGS/TON 51% APR X/TON 137% APR
