Three Cryptocurrencies to Sell in June Before They Crash and Burn!
The crypto market is preparing for another bull run, but some cryptocurrencies are expected to disappoint. To avoid probable losses, consider selling these three cryptocurrencies in June:
1. Avalanche (AVAX, USD)
Avalanche is a layer one blockchain that failed to overtake Ethereum as the industry’s leading smart contract platform. Despite its potential, Avalanche has dropped by more than 30% in the previous month and is on a negative trend.
2. Axie Infinity (AXS USD)
Axie Infinity is blockchain-powered.
The gaming platform has failed to deliver on its promises. It has emerged as one of the worst performers in the cryptocurrency market, with analysts expecting a 96% collapse by the end of the year.
3. FileCoin (FIL-USD)
Filecoin is a decentralised storage technology that has underperformed on the market this year. It has declined by more than 21% in the last month, and both trade volume and circulating supply have decreased.
Why Sell These Cryptocurrencies?
With the prospect of a new bull run on the horizon, now may be the time to sell these underperforming cryptos and invest in more promising altcoins.
What’s next?
Legendary crypto investor Charlie Shrem believes that the marriage of AI and cryptocurrency will result in generational prosperity. Consider investing in top AI cryptocurrencies in 2024 to perhaps profit from the next bull run.
This post does not provide investment advice, and you should conduct your own research before making any investment decisions.