Cryptocurrency analysts have named three tokens to avoid buying

Finbold analysts have analyzed the crypto market, taking into account Weiss Crypto Ratings, historical performance, and recent developments (or lack thereof) around certain digital assets to compile a list of those that crypto traders and investors should avoid at this time.

Matrix AI Network (MAN) is a cryptocurrency platform for creating decentralized applications and smart contracts built on artificial intelligence. Despite the recent resurgence of interest in AI technology caused by the popularity of the ChatGPT chatbot, the MAN token has not grown.

According to analytical platforms, the historical high of Matrix AI Network reached $ 2 in May 2018, and at the time of writing, the digital asset is trading for $ 0.04. Currently, MAN ranks 818th in terms of market capitalization and records a drop in value of 8.09% per day.

PotCoin (POT) is an open-source cryptocurrency derived from the Litecoin fork. It was created to provide an alternative payment method in the legalized marijuana industry.

PotCoin has a high risk rating on the InvestorsObserver platform. The token is recording losses on all its charts, down 16.26% in the last 24 hours. At the time of writing, the digital asset is trading for $ 0.1 565.

Smartshare (SSP) is a cryptocurrency based on the Ethereum blockchain. With a market capitalization of $ 130,000, SSP ranks 2056th among all digital assets. In addition, SSP has a low adoption rate, as only 36,779 addresses contain this token on the network.

At the time of writing, SSP is trading for $ 0.13, down 7.12% in the past 24 hours.

As for the most successful tokens, analysts have identified 3 cryptocurrencies that have risen in price by more than 200% over the past month. Among them: Conflux, Stacks, and SingularityNET.