💯

If you put $10,000 into $XRP in September 2018.

Today, you would still have $10,000 🤯

99% of altcoins are doomed to dump/never grow.

Here are 10 coins you should AVOID (you're probably holding them) and how to recognize them 🧵👇
I would highlight 3 main types of altcoins to avoid:

1/➮ Many old projects that are simply too old and overvalued

✧ They have no technology and no upside

✧ They are doomed to fall relative to $ETH in the long term, which is what they are doing

2/➮ "Artificial" tokens, where the supply is completely controlled by team/VCs and the value is manipulated

✧ The price in such projects does not reflect the true market value

✧ There is always a risk that they will eventually be dumped by -99% at any moment
3/➮ Projects come from past trends (dead P2E games, etc.) or have high FDV, low MC, and constant sell pressure

✧ Projects from old trends that are no longer relevant are doomed to a slow death

✧ Buying tokens with strong sell pressure = becoming exit liquidity for VCs
You need to know how to recognize these projects and distinguish junk from gems.

So for example, here are 10 popular tokens - prime examples of these categories—that you might be holding, but they are doomed to fail (IMO).
1/➮ @worldcoin | $WLD

✧ $WLD is just an artificial coin where the supply is completely controlled

✧ The value can be manipulated however they want, but it's clear that sooner or later it will definitely be dumped

So the odds are not in your favor
2/➮ @Ripple | $XRP

✧ $XRP is designed for fast and cheap international money transfers

✧ But in essence, it is an unnecessary fork of $BTC with overly inflated valuation

✧ Not the worst coin, but $ETH or $BTC will always be better

✧ Same for ADA:
5/➮ @eth_classic | $ETC

✧ $ETC is a blockchain that emerged from a split with ETH in 2016

✧ $ETC is a fork of $ETH, and it is almost identical

✧ The only difference is that devs largely ignore ETC, and it has almost no prospects
6/➮ $BCH

✧ Bitcoin Cash is a fork of Bitcoin, created with the aim of increasing the block size

✧ This is supposed to allow for processing more transactions at once

✧ But in the end, it simply repeats the BTC concept without significant changes
7/➮ @monero | $XMR

✧ $XMR is known for its anonymity and transaction privacy

✧ However, since 2022, its value has been stagnating, and there is even a chance of a ban similar to the situation with Tornado Cash

✧ High valuation, outdated technology, no prospects, high risks
8/➮ @AxieInfinity | $AXS

✧ This applies not only to $AXS but also to other old P2E game coins

✧ The trend has moved on, there’s no more hype, and there’s a very high FDV

✧ Overall, in such projects, the pyramid has collapsed, and there’s nothing more to expect
9/➮ @dYdX | $DYDX

✧ In $DYDX, the main big issue is the token unlocks

✧ They are structured in such a way that they will constantly create selling pressure and drive the price lower and lower

✧ There are many of such projects, so always check vesting schedule
10/➮ Useless L2 projects

✧ This applies to $STRK, $ZKS — these are just useless L2 solutions with low mc, high FDV, and constant sell pressure, leading to price dumps

✧ It also applies to new projects that initially launch with high FDV and no real utility & community
11/➮ Key takeaways to consider before investing:

- Unlocks
- Demand
- Narrative
- FDV/MC

Just analyzing these factors will give you an understanding of whether it's worth investing and if the project has any upside at all.
Don't forget to follow 😉