Bitcoin Cash

Litecoin

Bitcoin

Monero

Zcash

<p>The post <a href="https://coinpedia.org/price-analysis/top-altcoins-to-avoid-trading-this-crypto-bull-run/" rel="noopener noreferrer nofollow">Top Altcoins To Avoid Trading This Crypto Bull Run</a> appeared first on <a href="https://coinpedia.org" rel="noopener noreferrer nofollow">Coinpedia Fintech News</a></p>
<p>After barely surviving the 2022/2023 crypto bear market, it is prudent for every investor to position their portfolio properly or risk holding non-performing digital assets. As of this report, there are more than 12,500 crypto assets, excluding stablecoins.</p>
<p>Consequently, the chances of getting involved with non-performing crypto assets are much higher than in the 2013, 2017, and 2021 bull cycles. However, there is a formula to thoroughly scrutinize the altcoin market in search of the projects likely to underperform in this bull cycle.</p>
<h2 class="wp-block-heading" id="h-lark-davis-on-altcoins-to-stay-away-from-this-cycle">Lark Davis on Altcoins to Stay Away From this Cycle</h2>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr">Why These Crypto Coins Will Break You <a href="https://t.co/nn1RobBAhX" rel="noopener noreferrer nofollow">pic.twitter.com/nn1RobBAhX</a></p>— Lark Davis (@TheCryptoLark) <a href="https://twitter.com/TheCryptoLark/status/1753772829634596936?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">February 3, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
 </div>
</figure>
<p>According to a popular crypto evangelist who has been around the industry for several bull cycles, Lark Davis, investors seeking to monetize their capital in the altcoin space should be wary of projects that have a similar characteristic to Litecoin (LTC). Yes, the legendary Litecoin has a high potential of underperforming in this crypto bull cycle after failing to deliver during the previous one despite having more than 8.6 million holders. According to Davis, projects like Litecoin will not necessarily die in the long haul but will continue to underperform due to lack of market traction, thus referred to as zombie coins.&nbsp;</p>
<p>Despite having the necessary liquidity, projects like Litecoin will likely underperform due to poor management, low network developments, and high competition from new shiny altcoins. Interestingly, Davis is confident some meme coins are zombie coins total of angry investors trapped by the bear market losses. Other altcoins that are likely to fall in the zombie class include Bitcoin Cash (BCH), Monero (XMR), and Zcash (ZEC).</p>

Top Altcoins To Avoid Trading This Crypto Bull Run

Table of Contents

CoinPedia News

Other articles published on Feb 5, 2024

Decline in Interest for Decentralized Social Media Platform Friend.Tech

BlackRock and Fidelity Bitcoin ETFs Dominate Top 10 January Inflows with Massive $4.8B Surge

Trump Calls CBDCs a “Very Dangerous Thing,” Criticizes Artificial Intelligence

Bitcoin Transaction Volumes Hit New Highs Amid Signs Of A Supply Shock

New Cardano-Killer Crypto at $0.1 Targets 100X Gains To Hit $10 Before ADA

Crypto Analyst Bullish on Ripple, Shiba Inu To Complete All Projects By 2024/2025, Pullix Begins ...

Join our free newsletter for daily crypto updates!