Some cryptocurrencies considered to be high risk and potentially vulnerable to a significant drop are:
*MemeCoins*
1. Dogecoin ($DOGE )
2. Shiba Inu ($SHIB )
3. Dogelon Mars (ELON)
4. Baby Doge Coin BABYDOGE
5. Floki Inu ($FLOKI )
*Low market cap altcoins*
1. SafeMoon (SAFEMOON)
2. EverGrow Coin (EGC)
3. Luna Classic (LUNC)
4. TerraClassicUSD (USTC)
5. Celsius Network (CEL)
*Cryptocurrencies with regulatory issues*
1. Ripple (XRP)
2. Cardano (ADA)
3. Stellar (XLM)
4. Tether (USDT)
5. USD Coin (USDC)
*Cryptocurrencies with technical weakness*
1. Bitcoin SV (BSV)
2. Bitcoin Cash (BCH)
3. Litecoin (LTC)
4. EOS
5. TRON (TRX)
*Factors that may influence the drop*
1. Government regulations.
2. Changes in monetary policy.
3. Stock market decline.
4. Security issues.
5. Competition with new cryptocurrencies.
*Recommendations*
1. Diversify your investments.
2. Research before investing.
3. Set risk limits.
4. Monitor technical indicators.
5. Consult with financial experts.
Source: TradingView, CoinTelegraph, CryptoSlate.