๐จ Caution is essential in crypto! โ The painful experience of Hamster Kombat (HMSTR) ๐
Hamster Kombat burned my $700 in the last seven days ๐ธ
The price has fallen from 0.0020 to just 0.00091 ๐
Despite being listed on Binance, this token is constantly going down.
Was it just hype? Or did a "whale" dump the market? ๐ณ
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Possible reasons why HMSTR price dropped:
1. Overhyped Launch + Profit Taking: After listing on Binance, many people bought for short-term profit, then immediately sold.
2. Low Utility & Speculation: Hamster Kombat is a gaming/meme coin, based on hype, not real usage.
3. Whale Dumping: It is possible that large holders (whales) sold their tokens, causing the market to crash.
4. Community or Dev Issues: Sometimes the lack of transparency or roadmap from the team leads to a loss of market confidence.
๐คฏ Now my decision is: No more investing in this token!
I appeal to all of you to do your research before investing.
๐ซ Don't make a decision just by looking at the listing.
๐ Now the question: Which cryptocurrency can give benefits?
Here are some coins that have a long history and also have their main benefits:
1. Ethereum (ETH) โ The father of Smart Contracts.
2. Chainlink (LINK) โ Essential for Oracles.
3. Polygon (MATIC) โ For Ethereum scalability.
4. Toncoin (TON) โ Gaining traction due to integration with Telegram.
5. Arbitrum (ARB) โ Best in Layer 2 solutions.
โ ๏ธ Note: This is not financial advice, but a personal opinion.
Do your own research before every investment ๐ง
๐ How was your experience? Be sure to tell us in the comments ๐
