11 Cryptocurrencies to Avoid Right Now

In a recent video, popular crypto influencer known as 'the bit boy' presented a list of 11 cryptocurrencies that he advises viewers to avoid amidst a volatile market. He emphasizes the cautionary approach to these coins based on their recent performance and potential future risks. Notably, GMX, a decentralized exchange, has seen a staggering 90% decrease in trading volume over the last three months, indicating instability within the platform. Similarly, the native tokens of other projects like STX, CRO, and IOTA showcase a worrying trend of declining user interest and failed market expectations. Meme coins such as Pepe and Shiba Inu, despite past popularity, now face significant uncertainty due to internal disputes and market fatigue. The bit boy warns that investing in such projects could lead to financial setbacks, reminiscent of missed opportunities in past bull runs. Ramirez concluded with a strong recommendation to focus on other, more promising investment opportunities in the crypto market instead of these underperforming assets.