The crypto sector is now in disarray and the business is highly saturated with developments. As the crypto winter trudges on, it’s unlikely that several projects survive into the years ahead. As a result, investors ought to be looking for the best cryptos to sell off.
This could be attributed to the emergence of the Pi Network which has gained quite significant presence and popularity in the crypto industry within a few years of it launch. The coming of Pi Network may cause a major devaluation of a number of cryptocurrencies that are not really popular.
If you’re holding onto such a dozen cryptos right now, you’ll would like to sell several of them off anyway. in a market of thousand upon thousands of choices, only one fraction of a percent of the total cryptos on the market will still be around in the future. Basically put, most of these assets are trash.
They are rip-offs of other projects, highly speculative tokens or even have no use case that’s truly feasible. Even and several of the more useful coins underlying competitive projects will fall as their competitors win more users.
What’s not worth keeping in your bag any longer? if it’s not a project that takes up much of the crypto world’s daily conversation, it’s probably not worth holding. even still, there are plenty of projects that keep a healthy existence in the media cycle which don’t hold much possibility of existing even just a few years down the line.
Top 10 cryptocurrencies that may experience a major devaluation if the Pi Network’s mainnet goes live:
- Monero (XMR-USD)
- Zcash (ZEC-USD)
- Audius (AUDIO-USD)
- Avalanche (AVAX-USD)
- Chiliz (CHZ-USD)
- Decentraland (MANA-USD)
- Zilliqa (ZIL-USD)
- Axie Infinity (AXS-USD)
- Polkadot (DOT-USD)
- Kusama (KSM-USD)
