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Here are sevendigital currencies you should never put your hard-earned money into.
Yet its meteoric rise was driven by hype, not utility.
Its massive token supply and limited real-world use make it highly speculative.
Price movements are often driven by hype cycles rather than intrinsic value.
By the time they hit a cryptocurrency exchange, theyre already done.
This is how meme coins have always worked.
Dont let the Elon hype fool you; hes just having a good time.
Trons centralization not only undermines its credibility as a blockchain project but also exposes its investors to greater risks.
But as far as devs building on the chain?
Secondly, DeFi is worth around $100 billion right now, he continued.
Theres only $450 million in ADA, which comes from less than 60,000 wallets.
People arent building, and retail investors arent interested in the few projects operating there.
However, one must be very cautious when investing in competitors of the biggest chains.
Its similar to buying stock in a small phone company that promises to unseat Apple.
The headwinds are just too strong.
The mechanics of HEX have raised significant concerns.
Pepe (PEPE)
Pepe is another meme-driven cryptocurrency you should never put your hard-earned money into.
Its performance is closely tied to trends in thememe coin market and sentimenton platforms like X, Cojocaru said.
However, like most meme coins, it remains highly volatile and speculative.
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