🚨Today 3 Cryptos You Shouldn't Trade🚨
1.(TWT)
The BNB Smart Chain (BEP20) platform is the operating system for Trust Wallet Token (TWT). TWT's price dropped 5.97% in the previous day to be about $1.26, with a circulating supply of about 416.65 million out of a total supply of 999.67 million. With 195 markets seeing active trading of the token, the 24-hour trading volume was around $36.75 million. Even with its active market presence, TWT is a dangerous investment for the next week due to its natural volatility, particularly in the aftermath of market concerns.
2. Pancake Exchange (CAKE)
Another cryptocurrency to be wary of is PancakeSwap (CAKE), a significant participant in the DeFi and DEX space. CAKE's price has decreased by 1.28% to about $2.16, with a circulating supply of approximately 228.84 million out of a total supply of 387.07 million. The coin is traded with a significant 24-hour trading volume of over $124.20 million on over 1175 active marketplaces. However, CAKE can be vulnerable to abrupt price swings given its exposure to the erratic DeFi industry and current market trends.
3. (NEO)
NEO, a cryptocurrency with a focus on smart contracts and enterprise solutions, has a circulating supply of about 70.54 million out of a total supply of 100 million. The recent price of NEO was approximately $12.19, showing a decline of 3.56% in the last 24 hours. It’s traded across 298 active markets, with a recent 24-hour trading volume of around $77.15 million. Despite its established platform, NEO’s current market position suggests potential risks in the short term.
