Watch out! These three Digital assets could hurt you in the coming week

1. Pepe (PEPE)

Pepe (PEPE), a memecoin, has attracted attention for less than good reason. Notably, the digital asset lost more than$ 100 million of its market cap in the week following Finbold's warning, issued on August 28. The price slumped to just us$ 0.0000006 on September 21.

The underlying concerns that led to its inclusion on the list last month still remain. However, PEPE has recently experienced a surge, with gains of more than 10% in the last 24 hours and gains reaching 30% in the last seven days. This could create an attractive opportunity for long-time holders to consider an exit strategy.

Although a short-term price increase is possible due to the current surge in attracting new capital, there is a high probability that the downward trend from last month will continue after this temporary relief.

2. Bluzelle (BLZ)

Bluzelle (BLZ) claims itself to be a “decentralized storage network for the creator economy”. Recent reports state that its price has been heavily influenced by market-making activities by DWF Labs. BLZ prices have shown an immediate reaction to DWF buying and selling, which poses higher risks for retail investors.

3. Mixin (XIN)

Cloud service provider Mixin Network (XIN) suffered a cyberattack earlier this week, resulting in the loss of more than US$ 200 million in digital assets. Along with this security leak, XIN witnessed a drop of more than 25% in its value in the past seven days, destroying investors ' confidence in the project.

Although the Mixin team stated that the actual losses were lower than previously feared, a post on platform X still advised traders and users not to use this network, both for transactions and market making.