If you invested $1,000 in $XRP in 2018, guess what? Six years later, it would still be worth... $1,000. 😬
While some altcoins can grow 100x overnight, the reality is that 99% of them are destined to crash and burn. So if you’re still HODLing certain coins, you might as well be holding them as dead weight. But don’t worry — I’m here to help you spot the coins that are unlikely to bounce back. Below, I’ll cover the altcoins you should avoid and how to avoid falling into these traps during the next bull run! 🚀👇
◈ Every market cycle brings a new batch of altcoins.
◈ Most of them will never return to their previous highs.
◈ By learning to avoid certain tokens, you can avoid accumulating a bag of worthless coins by 2025.
3 types of altcoins to look out for:
1. Outdated technology: coins that have not kept up with the latest innovations in the blockchain space.
2. Irrelevant projects: Remember Play-to-Earn (P2E) or Walk-to-Earn (W2E)? Yes, they quickly faded away.
3. Synthetic Tokens: Tokens with a controlled supply and manipulated volume to appear valuable.
6 Altcoins That Are Unlikely to Rise Again:
1. $ADA – Once a beloved project, its technology now feels like a relic. Many still hold onto it out of nostalgia, but its chances of ever flourishing again? Close to zero.
2. $DOT – This project exploded in 2020-2021 but has since gone quiet. Like $ADA, it is technologically stagnant and has been overtaken by new projects.
3. $ETC – This 2016 Ethereum split is stuck in the past, using the same technology as $ETH. It’s time to move on.
4. $LTC – Originally a faster, cheaper alternative to Bitcoin, $LTC is now being eclipsed by newer, better tokens. It’s a high-risk hold.
5. $EOS – The superstar of the 2017-2018 crypto hype, it missed the 2021 bull run entirely. Relevance? Gone.
6. $SNX – This decentralized liquidity protocol was once popular, but its trading volumes dropped sharply after the last cycle, causing most users to forget about it.
Want more insights, analysis, and updates? Hit the subscribe button and stay connected! Remember, DYOR (Do Your Own Research) is a method for navigating the markets wisely. You don’t want to be stuck with coins that won’t recover! 🚨
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