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How much trust do people have in hamster-coin.net?

0.0

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Reliable
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Trustworthy
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Neutral
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Untrustworthy
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hamster-coin.net

Why is the trust score of hamster-coin.net very low?

The website hamster-coin.net is a high-risk website. Here are the reasons:

1. Unrealistic Claims: The website claims to have raised $29.1 million out of a $30 million goal, which is highly unusual for a new or relatively unknown cryptocurrency. Such high amounts are typically associated with established projects or those with significant backing and publicity.

2. Vague Project Description: The website's description of the "Hamster Kombat Coin" is vague and lacks specific details about the technology, use case, or the team behind it. Legitimate cryptocurrency projects usually provide comprehensive information to build trust.

3. High Presale Hype: The use of phrases like "highly anticipated" and "be among the first" to join the presale can be indicative of a marketing tactic to create a sense of urgency and FOMO (fear of missing out) among potential investors.

4. Limited Information on Team: Legitimate cryptocurrency projects typically provide detailed information about their team members, including their experience and credentials. The lack of such information on the website is a red flag.

5. Unusual Token Price: The claim that "1 hamster = 0.01 USD" is not typical in the cryptocurrency market. Token prices are usually determined by market demand and supply, and such fixed pricing can be a sign of a potential scam.

6. Lack of Whitepaper: A whitepaper is a standard document for cryptocurrency projects, outlining their technology, use case, tokenomics, and more. The absence of a whitepaper on the website is concerning.

7. Overemphasis on "Epic Battles": The website's focus on "epic battles" rather than the technology, real-world use cases, or the project's potential impact can be a distraction from substantive information.

8. High Presale Discount: Offering a significant discount during the presale phase is not uncommon, but extremely high discounts can be a tactic to attract quick investments without providing enough value.

9. Lack of Regulatory Compliance Information: Legitimate cryptocurrency projects often provide information about their compliance with relevant regulations, especially regarding the sale of tokens.

10. Limited Transparency: Overall, the website lacks transparency and detailed information about the project, which is a common characteristic of potential scams or low-quality projects in the cryptocurrency space.

It's important to conduct thorough research and due diligence before considering any investment in a cryptocurrency project. This includes verifying the legitimacy of the team, understanding the technology and use case, and being cautious of overly hyped or unrealistic claims."

the reasons behind this review :
Unrealistic Claims, Vague Project Description, High Presale Hype, Limited Information on Team, Unusual Token Price, Lack of Whitepaper, Overemphasis on "Epic Battles", High Presale Discount, Lack of Regulatory Compliance Information, Limited Transparency
Positive PointsNegative Points

  Website content is accessible

  No spelling or grammatical errors in site content

  Whois data is accessible

  Low review rate by AI