Tanveer crypter

5 Crypto currency Avoid for trading in this week

According to some sources and analysis, the following cryptocurrencies may be overvalued or risky to trade in the next week:

1. Shiba Inu (SHIB): This meme coin has no competitive advantages or differentiation, and is prone to volatility and hype. It has lost 17% in the last 24 hours and has a weekly RSI of 98.22, indicating extreme overbought conditions¹².

2. Stacks (STX): This token is also overbought in the weekly RSI, with 98.22 points. It has gained 2.73% in the last 24 hours, but may face a mid-term retracement².

3. Chromia (CHR): This token is back to an overbought status on the daily RSI, with 73.14 points. It has increased by 5.67% in the last 24 hours, but may also experience a correction¹.

4. ConstitutionDAO (PEOPLE): This token has no use case after the dissolution of the ConstitutionDAO project, which failed to buy a copy of the U.S. Constitution. It has a daily volume of 238% of its market cap, indicating high speculation and risk¹.

5. Sui Network (SUI): This token has a very low market cap of $1.3 million and a very high daily volume of $1.1 million, suggesting a pump and dump scheme. It has surged by 1,200% in the last 24 hours, but may crash soon³.

Remember , I can help you with some information about cryptocurrencies, but I cannot give you any financial advice or recommendations. Please do your own research and be careful with your investments. 😊

It's important for users to conduct thorough research and be aware of potential risks associated with certain tokens. If you have specific questions about these or any other cryptocurrencies, feel free to ask. 📊

#avoidtrading
$SHIB $PEOPLE $STX X #SuiUpdate
#scam