The last few days have been difficult for most assets in the cryptocurrency market. However, some assets stood out for their weakness in overcoming current challenges. Therefore, it may be a wise decision to avoid such altcoin investments for now, or at least until the end of this month. crypto expert Ana Zirojevic, He identified 3 of them, taking into account the latest developments and risk factors.
The first secret altcoin you should stay away from: Ultrain (UGAS)
The cryptocurrency market is having a tough year. However, most cryptocurrencies entered October on a positive note. Ultrain (UGAS) managed to record positive price movements on its monthly chart. However, the altcoin project lacks positive developments that could attract investor interest, despite its promise of creating a sustainable commercial ecosystem that enables a variety of industrial applications through innovations in cryptography. As of press time, Ultrain was traded at a price of $0.0009125, decreasing by 1.71% in the last 24 hours. Additionally, it lost 8.26% in value over the previous seven days. However, according to the latest data at the time of writing, it maintained its gain of 5.05% in the last month.
ICON (ICX) comes in second place
Another cryptocurrency you should consider these weeks is ICON (ICX). ICON promises to “hyperconnect the world” through a decentralized cross-chain network. However, the altcoin project has failed to make meaningful progress in recent weeks. At the time of writing, ICX is trading up 1.06% on the day. It also gained 5.32% over the previous month. However, as the latest charts show, it is changing hands at $0.165, representing a 2.8% decline over the past week.
The last altcoin project: Uquid Coin (UQC)
Meanwhile, despite having potential and use cases in real-world scenarios, decentralized virtual currency and smart shopping platform Uquid Coin (UQC) has not graced the cryptocurrency industry with significant developments in recent months. According to the latest data at the time of writing, the price of UQC is currently $2,833. The altcoin increased by 0.29% on the day. However, it accumulated a loss of 1.95% on its weekly chart. Additionally, it has seen a decline of 6.76% in the last 30 days.
The opinions and predictions in the article belong to the expert and are definitely not investment advice. cryptokoin.com We strongly recommend that you do your own research before investing.
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