Overpromised, Under-Delivered – Like many Telegram earning projects, $HMSTR relied on heavy marketing, flashy promises, and a referral-based growth system. However, the actual utility and sustainability of the token were weak, leading to a rapid loss of interest.
Token Crash & Poor Economics – $HMSTR saw an initial pump, but the lack of real demand and excessive sell pressure caused the token to tank. Many users ended up with worthless tokens, unable to cash out at a decent price.
Ponzi-Like Growth Model – The project heavily incentivized new users to join through referrals, rather than building a solid ecosystem. Once new sign-ups slowed down, the whole system started collapsing—something seen in past Telegram-based crypto failures.
Lack of Innovation – At its core, $HMSTR didn’t bring anything new to the table. It followed the same reward system as previous projects, failing to offer real long-term value.
With $HMSTR failing hard, many are questioning whether Telegram-based crypto earning projects have any future. The reality is that most of these projects are unsustainable because they rely on hype and new investors rather than actual innovation or utility.
While some Telegram bots still generate revenue through ad models, affiliate marketing, or gaming mechanics, the golden era of "easy" Telegram crypto earnings seems to be fading. If you’re looking for real opportunities, be cautious and avoid projects that rely solely on referrals and unsustainable tokenomics.
What do you think—was $HMSTR just another cash grab, or is there still hope for Telegram-based crypto projects?