Investing in cryptocurrencies and trading crypto can be risky, due to it still being an experimental financial ecosystem in a borderless market that never sleeps. More than knowing what projects investors should buy, knowing which to avoid can save speculators from accruing huge losses.
With the intent to help investors in their due diligence, Finbold has looked into a few technical analysis (TA) indicators, summed up to fundamental knowledge of some digital assets, to arrive at the list of those that should be avoided for the next week.
Pepe (PEPE)
Notably, the memecoin Pepe (PEPE) lost over $100 million of its market cap, from the week after Finbold listed it as the first cryptocurrency to avoid trading, on August 28, being priced as low as $0.0000006 on September 21.
PEPE 1-month price chart. Source: CoinMarketCap
The same fundamentals that motivated last month’s listing are still valid to the ‘Pepe the Frog’ token. However, PEPE is among the top gainers of the day by press ti
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