Top 10 Cryptocurrencies to Strike Off from Your Buying List in 2023

Top 10 Cryptocurrencies to Strike Off from Your Buying List in 2023

In this article, we shall talk about the top 10 cryptocurrencies to strike off from your buying list in 2023

There are thousands of cryptocurrencies available out there which is why choosing the right ones becomes a task. Well, you have got nothing to worry about fact in this article, we shall talk about the top 10 cryptocurrencies to strike off from your buying list in 2023. Have a look!

1. Squid Game

Yes, this is inspired by the popular South Korean Netflix series, the Squid Game. The token started at the price of US$0.04. But, it turns out that this crypto has not made it big in the cryptocurrency space, thereby making it to the list of those cryptos that aren't worth buying.

2. SpaceBIT

There was a time when this crypto enjoyed immense popularity and success. Not just that, a lot of investment was also made as nano-satellites were launched. All in all, a lot was put into this crypto but, it didn't provide as good results.

3. GetGems

GetGems was launched to invigorate the social media realm. At the start, the project garnered attention from everywhere. However, as time passed on, this cryptocurrency failed to gather any momentum and as of date, they appear to have overestimated their prospects.

4. PayCoin

The very reason why PayCoin's failure had become the talk of the town is because its founders, John Garza and GAW were knowledgeable miners and cryptocurrency experts. Additionally, security was compromised, thereby making it a big NO!

5. Ekta

This failed cryptocurrency was launched on the bases of connecting digital worlds by tokenizing actual goods. Following a malicious attack, the value of Ekta fell drastically.

6. Ethereum's DAO

The Decentralized Autonomous Organization crypto's failure is one of the most historic because people had such great expectations about it. It came into existence in 2016 and within a short period, and in no time, the project failed.

7. Bogged Finance

Unlike major cryptocurrencies that failed as a result of fraudulent founders but by malicious attacks. Taking the same into account, Bogged Finance can be one of the cryptocurrencies to strike off from your buying list.

8. OneCoin

Onecoin's poor organizational structure and previous scam attempts by the same company make this coin a Ponzi scheme and a dead cryptocurrency. Now you know why this cryptocurrency features in the list of top 10 cryptocurrencies to strike off from your buying list in 2023.

9. Zilliqa

Zilliqa has created new projects in the crypto ecosystem, but attention seeking fact is how Zilliqa continued to drop even further. Though Zilliqa is designed to complete thousands of transactions in a second and solve the problem of blockchain scalability, the crypto didn't survive to the expectations of the investors.

10. Bonfida

Bonfida's price value is going down day by day. So, it can be considered one of the top 10 cryptocurrencies to strike off your buying list.

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