Experts advise against investing in Shiba Inu, Dogecoin, Tron, Cardano, Hex, Terra Classic, and Pepe.

From Nasdaq
December 6, 2024 9:00 AM:

Shiba Inu (SHIB) saw a meteoric rise in 2021 with gains of over 46,000,000%. However, its value plummeted by over 90% in 2022 due to hype-driven trading and lack of real-world utility.
Dogecoin (DOGE) gained popularity through social media hype and Elon Musk’s endorsements. Despite reduced transaction fees, DOGE offers minimal real-world utility and operates as a payment coin.
Tron (TRX) is known for high throughput and low transaction fees but faces centralization issues that make it vulnerable to censorship and external pressures.
Cardano (ADA) has hype but lacks developer activity and retail investor interest, raising doubts about its value compared to competitors like Ethereum.
Hex (HEX) promises high yields but raises concerns due to a reward system reliant on attracting new participants, resembling characteristics of a Ponzi scheme.
Terra Classic (LUNC) suffered a dramatic collapse in May 2022, wiping out billions in investor funds and leaving it as a speculative asset driven by volatility.
Pepe is a meme-driven cryptocurrency that saw rapid growth upon launch but remains highly volatile and speculative, closely tied to trends in the meme coin market.