5 Crypto to Sell This Sunday

Unpredictability and the market's volatility bring the need to adapt and shift from one token to another to stay profitable.

The cryptocurrency market is brimming with opportunities, but navigating it is far from easy. Some investors choose to focus on trending cryptos to buy, while others aim to buy the dip and capitalize on the recovery. However, one aspect remains consistent: reaping the benefits before the crash unfolds.

This week, altcoins such as Solana, TRUMP, DOGE, WLD, PI Coin, and a few others are facing imminent threats, which is why investors should consider all of these crypto to sell. Here's why.

1. Solana (SOL)

Solana is at the center of the meme coin craze and is one of the top altcoins. It has attracted a massive investor following in the past couple of years thanks to its transaction speeds, low fees, and the introduction of top Solana meme coins.

However, the same has led to its downfall, as the LIBRA token scam and the downfall of other tokens are ruining Solana's reputation. Similar allegations have been made due to the Pump.fun scams and the mass production of Solana meme-themed cryptocurrencies that have no use case.

A prominent crypto influencer believes Solana is becoming an extraction chain before claiming it has no future as its long-term prospects are diminishing.

2. PI Coin (PI)

PI Coin is one of the most common choices for crypto to sell this Sunday thanks to speculation among investors regarding the coin being a scam. Critics question its tangible value, especially as it is yet to be listed on any crypto exchange. More importantly, there is a lack of tangible value for the PI Coin.

Its questionable monetization and reliance on user data make it a risky investment. This is why investors must approach this coin with caution or could consider selling it.

3. Official Trump (TRUMP)

TRUMP is the official cryptocurrency of the US president, Donald Trump. While the token saw immense demand and hype through the roof moments after its launch, the ongoing price crash paints a different picture with lots of controversy around a president launching a volatile asset, the Trump organization and its affiliate controlling most of the supply, pushing into the volatility trap.

Regulatory scrutiny, lack of utility, and other factors make it a risky investment. Before the downtrend continues to further lows, investors must consider this crypto to sell.

4. Worldcoin (WLD)

WLD gained popularity thanks to its connection with OpenAI founder Sam Altman and its vision of global identity verification. However, ever since its launch, privacy concerns and data collection practices have resulted in its volatile performance. Moreover, its 90% crash from its prime raises more concerns, especially as it continuously unlocks new tokens.

According to the Tokenomic data, $6.70M worth of linear token unlocks occur daily, increasing the supply and diluting the digital asset's worth. This makes it a high-risk asset, putting it among the altcoins to sell.

5. Dogecoin (DOGE)

DOGE is one of the top meme coins and relies on social media hype and celebrity endorsement to rally. However, this is also its fundamental weakness, as it lacks utility and struggles to perform often despite the heavy demand. Many critics believe that introducing new meme-themed cryptocurrencies and changing market trends make it a risky asset.

Not to mention, the $3.75 million token unlocks daily adds to its volatility, which is why investors must consider this crypto to sell this Sunday.

Disclaimer: The blog includes some volatile and struggling assets, which may become a risky investment for investors due to this significant reason. However, the reader must do further research and cautiously make a decision.

What’s In There For You?

Eliminating high-risk digital assets from portfolios is a common crypto trading practice. Amid thousands of altcoins, investors must carefully choose their investments and exchange their high-risk assets for better ones. In the same discussion, inventors can consider Solana, Dogecoin, PI Coin, WLD, and TRUMP crypto to sell this Sunday to avoid millions of losses.

More importantly, the inventor must thoroughly stay updated with market trends and research to avoid potential losses.

Frequently Asked Questions (FAQs)

1. What are the top crypto-to-sell options for this Sunday?

2. Is PI Coin a scam?

3. Why is Donald Trump's coin a risky investment?