Types of Altcoins to Avoid with Caution (Not Investment Advice):
VC-backed Projects
Reason: These types of projects are often heavily influenced by venture capital, experiencing significant price volatility and may face the risk of capital outflows.
Coins with Limited Circulation
Reason: Projects with insufficient liquidity are difficult to exit, easily affected by market sell pressure, leading to increased price volatility.
Old Projects
Reason: Some projects that have been running for many years may experience slow development or lack of innovation, leading to decreased market attention and difficulty in achieving a new round of substantial increases.
Projects Not Listed on Mainstream Exchanges
Reason: Projects that have not been listed on major exchanges (like Binance) typically have poor liquidity and relatively weak market performance.
Non-Industry-Leading Projects
Reason: Non-leading projects have lower market recognition and insufficient competitiveness, often struggling to achieve significant performance during capital rotation.