The crypto market has dazzled many people this year and has achieved impressive rises for the leading companies in the sector. With Bitcoin (#BTC -USD) gaining an astonishing 60% since January and Ethereum (ETH-USD) not far behind with a 31% rise, it's clear that we're moving away from the freezing crypto winter of 2022. There are cryptocurrencies to be sold in the digital success story. Either they have a hard time gaining interest, or they fall into the trap of unpleasant pump-and-dump tactics, leaving investors vulnerable.

Moreover, a marked inequality is emerging. On the one hand, we are seeing strongmen like Bitcoin and Ethereum overcome obstacles; on the other hand, countless lesser-known cryptocurrencies are still grappling with a highly fragmented and unpredictable Sunday. But the financial landscape has changed in recent years. Stock scams, overvaluation and exuberance have receded as fundamentals have come back to the fore. All in all, for conscious investors, this is a wake-up call. It's time to separate from the underperformers and protect your portfolio from the pitfalls.

#Shibainu (SHIB-USD)

The Shiba Inu (SHIB-USD) or Shib coin stands centrally Decked out among a group of cryptocurrencies on a blue background. Close-up, soft focus. A banner with gold Shiba coins.

Heralded as the "Dogecoin killer," Shiba Inu (SHIB-USD) relies heavily on the meme coin reputation popularized by Dogecoin (DOGE-USD) rather than actual innovation. This strategy has surprisingly increased its market capitalization to over $ 4 billion. But a staggering 77 per cent of SHIB's addresses are in the red and its value has dropped by over 30 per cent compared to last year.

Although it is commendable how Shiba Inu has acquired his place in the limelight of cryptocurrencies, now signs point to his temporary fame. The promise of the highly touted Shiba Inu metaverse project came to nothing, and many people were disappointed. Moreover, the static number of about 1.24 million SHIB token holders indicates a decrease in interest.

Shiba Inu's bumpy journey exemplifies the volatile nature of many cryptocurrencies, especially those that lack a solid utility or purpose. As investors become increasingly aware of the instability and lack of practical use cases, it seems prudent to stay away from SHIB. As for the current crypto environment, SHIB may just be the one to say goodbye to.

Pepe Coin (PEPE-USD)

An image of many types of cryptocurrencies located on the motherboard

Pepe Coin ( PEPE-USD ), which eclipses even Dogecoin in terms of unpredictability, has become the center of attention of cryptocurrencies with severe price fluctuations. Lacking any tangible benefit, this token has witnessed price jumps and drops that would make any investor's head spin. PEPE's current profitability is intriguing, but to reflect the meme tokens of the past, it could unexpectedly fall, leading to disaster for retail investors.

Moreover, Pepe has lost 55 percent in value in the last three months alone ; September was especially harsh. Its valuation seems to depend on random rises rather than solid fundamentals. Investing in Pepe seems unpredictable and risky, like throwing dice in the dark. Although the lure of quick wins is seductive, the rapid increase in the volatility of Pepe Coin requires caution.

Decentralized Country USD (MANA-USD)

Amid the excitement surrounding the metadata database, the Decentraland USD ( MANA-USD) has become a notable area, especially after the 2021 value increase associated with the rebranding of Meta Platforms (NASDAQ: META) and significant real estate transactions. However, with a staggering loss of 94% from the highest levels of MANA, its brilliance quickly waned. Given that the bigwigs of technology, including meta, are now moving cautiously around the concept of metaevrene, it can be said that the skeptics are right.

Moreover, the remarkable shift towards established technologies such as artificial intelligence indicates that metadata will potentially take a back seat and darken MANA's perspective. In addition to the concern that MANA October fell by 59% year-on-year.

Moreover, a noticeable decline in interest in VR/AR devices, the cornerstone of the metadata database, signals a broader Decoupling from this digital space. As the wind changes direction, Decentraland finds itself navigating dangerous waters. Given these factors, holding MANA is more akin to gambling than investing. It may be wise to strategically retreat from such volatile assets; it seems that MANA is increasingly looking like a crypto to be avoided.

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