🚨 Beware of These Crypto Killers! 🚨
Did you know that 98% of altcoins might never experience meaningful growth? For example, a $10,000 investment in $AXS in November 2021 would now be worth just $382.50. 💀
Before investing, it's crucial to analyze:
- Market Cap (MC)
- Fully Diluted Valuation (FDV)
- Future Unlocks
- Token Demand
- Sector (Narrative)
These factors help determine a token's potential. Recently, only tokens like $TON, $SOL, memes, and $BTC have shown notable growth, while many others are declining. Here are eight tokens that could potentially drag down your portfolio:
1️⃣ $XMR (Monero)
Known for its privacy, Monero's value has stagnated, especially after being delisted by Binance. High risk with a bleak future.
2️⃣ $FLOW
Flow aimed to support Web3 and NFTs but has lost interest. VC pressure and the decline in NFT hype have hurt its value.
3️⃣ $XRP (Ripple)
Designed for fast transactions, XRP has an inflated valuation and lacks significant support, making it less attractive compared to $ETH or $BTC.
4️⃣ $ADA (Cardano)
Despite a loyal community, Cardano's eccentric leadership and lack of progress make it a less promising option.
5️⃣ $AXS (Axie Infinity)
The excitement around Axie Infinity and similar P2E tokens has faded, and their high FDV suggests limited recovery potential.
6️⃣ $DYDX
Token unlocks create continuous selling pressure, leading to price declines. Understanding vesting schedules is crucial.
7️⃣ $WLD (Worldcoin)
With a supply controlled by insiders, Worldcoin faces unfavorable conditions for investors.
8️⃣ $BCH (Bitcoin Cash)
Bitcoin Cash, a Bitcoin fork, offers little innovation, making it just another “fake Bitcoin.”
Stay cautious and consider these insights before making any moves.