Cryptocurrency: 3 Coins To Avoid Trading This Month 2024-jan
3 Coins To Avoid Trading in the Cryptocurrency Market This Month
#Doge🦊 #luncusdt #VETUSDT 1: Terra Classic (LUNC)
Investing in Terra Classic (LUNC) is currently the most dangerous step to take in the cryptocurrency market. The founder of the collapsed Terraform Labs and Altcoin (LUNA) Do Kwon has declared bankruptcy in Delaware. Do Kwon is facing trial and is currently in prison for all his wrongdoings in the collapse of LUNA. Therefore, LUNC has more chances of heading south this month due to the trial and the exposure of bad press. It is advised to not take an entry position into LUNC currently as the ongoing developments might bring its price down.
2: VeChain (VET)
VeChain (VET) has barely printed profits since last year and remains on a downward spiral for more than 12 months. Investors who took an entry position anytime in 2023 are sitting with losses with no hopes of a rally. VET is unable to delete its zero and is struggling to climb up in the charts. VET has not attracted buying pressure this year despite the Bitcoin ETF approval. Therefore, nothing else could make Its price scale up in the charts. It’s best left to avoid VeChain as the supply chain-based coin has more downturn in the coming days.
3: Dogecoin (DOGE) is among the worst-performing cryptocurrencies of 2023 and is carrying the same in 2024. DOGE has barely rallied in the last 18 months despite Tesla CEO Elon Musk tweeting multiple times about it. The meme coin’s fame has fizzled out and investors don’t seem interested in DOGE. It no longer attracts bullish sentiments making DOGE among the cryptocurrencies to be avoided.
$LUNC $DOGE $VET #BTC #Write2Earn Like an share
Crypto caty
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