🚫 3 Cryptocurrencies to Steer Clear of in May's First Week 🛑
♦️ Avoid trading Memecoin (MEME):
🔓 Team unlocking tokens on May 3, inflating circulating supply by 32%, potentially causing a crash.
💰 $93.92 million worth of MEME to be released via airdrop, surpassing 24-hour volume.
💥 Risky trading environment ahead for MEME holders.
♦️ dYdX Protocol (DYDX):
🔒 33.34 million tokens unlocking on May 1, worth $70.33 million.
💸 Early investors receiving majority of unlocks, team to sell remaining tokens.
📉 Previous unlocks saw significant losses, caution advised for DYDX traders.
♦️ Optimism (OP):
🔑 Unlocking 24.16 million OP tokens on April 29, worth $56.29 million.
💼 Core contributors and investors receiving tokens, potential impact on price.
💡 Increasing supply doesn't guarantee price fall, but speculative trading expected.
