Two cryptocurrencies have made the headlines in the last 24 hours and are trending with a dominating negative sentiment. In particular, cryptocurrency investors should avoid Polkadot (DOT) and Bittensor (TAO) this week amid looming fear, uncertainty, and doubt (FUD).
These two cryptocurrencies featured in the top five trending coins on Santiment‘s social trends. TAO was the most trending coin by social volume, with a dominating negative sentiment.
Overall, the cryptocurrency market experiences losses following a Bitcoin (BTC) crash to an important support zone. This could impact the whole ecosystem, specifically these two projects that recently faced controversy and negative news.
Trending Coins. Source: Santiment
Bittensor (TAO)
Notably, Bittensor’s blockchain suffered a major security breach on July 3. Attackers drained $8 million worth of TAO tokens from user wallets. The team arbitrarily halted all transactions on the network to contain the exploit. Bittensor’s c
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