Computer image of Hamster Kombat, symbolizing the crypto's disappointing launch on September 26, 2024, which left many Nigerian investors feeling deceived and frustrated.

Hamster and Tinubu are birds of a kind. Their policies run against the tide of expectations. They raise hopes, then dash them at will. Find out more…

Hamster held so much promise prior to its listing on September 26. Many Nigerians viewed it as a beacon of hope amidst crippling economic woes. They believed it could offer financial relief in a time of uncertainty. However, the reality turned out to be a rude shock for countless investors. Great expectations quickly turned into disappointment as Hamster failed to deliver on its promises.

Hamster’s Disappointing Outcome

Before the listing, Hamster attracted significant attention with its marketing. Promoters painted a picture of success, luring many into the investment with dreams of financial freedom. One individual who gathered 6 million coins had high hopes for a substantial return. Yet, after the listing, he received a mere N20,000 (about $13). This shocking outcome left many feeling deceived and frustrated. The emotional letdown was profound; people invested not just money but hope and trust in the system.

Imagine the frustration felt by a young couple planning their future. They sold a piece of land, thinking Hamster would provide enough funds for a wedding and a new home. They even collected marriage lists, fully expecting financial freedom to be just around the corner. Instead, they found themselves grappling with losses and disappointment. Dreams built on Hamster’s promise shattered in an instant.

Many invested their time and life savings to buy data so they can engage Hamster. They believed that Hamster could change their fortunes. Some even borrowed money from family and friends, convinced they would soon pay them back with profits. The audacity of Hamster to expect people to invest more in “Season 2” after such a disheartening launch raises serious questions about its sincerity. How could they ask for more when they had already left many high and dry?

Hamster and Tinubu: Nigerians in the dark

This outcome stands in stark contrast to other cryptocurrencies like Bitcoin or Notcoin. Bitcoin has a history of volatility but also a track record of substantial returns. Investors who held onto their Bitcoin often reaped rewards after initial dips. Notcoin, while less known, has not left its investors feeling similarly betrayed. Both offer risk, but their communities generally support transparency and accountability.

Hamster, on the other hand, kept investors in the dark about its operational scales and the conditions for compensating those lured into the game. This lack of transparency deepened the disappointment. People who once viewed Hamster as a lifeline now see it as a source of betrayal.

Tinubu’s Promises and Public Disappointment

During his campaign, Tinubu promised to revitalize the economy and address pressing issues such as inflation and unemployment. His supporters believed in his vision for change. However, as his presidency progresses, many feel disappointed, much like the investors who expected more from Hamster.

Both cases reflect a broader issue of trust. Nigerians invested not just their money in Hamster but their emotional energy and hope for a better future. When the cryptocurrency faltered, that trust shattered. In the same vein, citizens who believed in Tinubu’s ability to lead have begun to question his commitment to fulfilling his promises.

Critics argue that the parallels between Hamster and Tinubu are undeniable. Both represent dashed hopes and unmet expectations. Nigerians seek genuine solutions, yet they face disillusionment. This cycle breeds frustration and anger among the populace, especially when dreams of financial stability remain out of reach.

The emotional toll is significant. Many envisioned a brighter future with Hamster, thinking it could provide the financial boost they desperately needed. Instead, they found themselves grappling with losses and disappointment. Similarly, the hope for economic recovery under Tinubu has dimmed as inflation remains high and job opportunities scarce.

Moving forward, it is crucial for both Hamster and the Tinubu administration to regain public trust. For Hamster, transparency and accountability in operations are vital. Investors need clear information about the crypto’s performance and compensation plans. For Tinubu, delivering on promises and addressing citizens’ needs is essential to restore faith in his leadership.

In deed, the journey of Hamster echoes the sentiments surrounding President Tinubu. Both represent dashed hopes for a better future in Nigeria. As people seek genuine solutions to their economic struggles, the need for trust and accountability remains paramount. Whether through cryptocurrency or political leadership, the path to recovery must prioritize transparency and action.

By Usoro I. Usoro, PhD

Dr Usoro I. Usoro, PhD is an accomplished journalist with over 30 years of experience in the media industry. Thirteen of those years, he spent primarily focusing on Health Reporting and Technology, covering critical issues and public policies. Dr. Usoro has held senior editorial positions at renowned Nigerian newspapers, including Sunday Times, Post Express, and Saturday Sun newspapers, where he influenced editorial direction and led teams to produce impactful health-related content. His deep understanding of healthcare journalism, coupled with his extensive writing experience, makes him a trusted voice in the field.

Leave feedback about this

  • Quality
  • Price
  • Service

PROS

+
Add Field

CONS

+
Add Field
Choose Image
Choose Video