The development of the crypto market in recent times has accelerated. Hundreds of digital coins are available on various crypto platforms.
Keep in mind, traders should not be trapped by cheap coins aka micin coins, which have no selling power. Statistically the crypto asset market average shows that the price of most tokens has fallen by more than 20 percent.
The entire market holds thousands of cryptocurrencies which is a challenge to choose which digital asset is right and profitable.
However, no one can be sure about cryptocurrency trading patterns. Due to unstable trading patterns, predicting the future is difficult and risky.
The market has several cryptocurrencies that are not worth investing in, for which the structure and roadmap of the ecosystem is determined.
Here are 3 crypto assets that are not worth buying in 2022:
Ethereum Classic (ETC)
The value of ETC is almost down 23 percent since the start of the year and is down 85 percent from ATH. One reason not to buy ETC is because developers have avoided it since its launch.
The important point is that ETC has lost its correlation with Ethereum, where once the correlation with Ethereum was the main reason to invest.
As such Ethereum Classic faces strong competition from platforms like Solana and Avalanche.
EOS
The current EOS coin has fallen more than 85 percent from its all-time high. Traders should avoid buying the coin in 2022 as its market cap has dropped to 2.2 billion dollars.
In addition, EOS did not make any application for 4 years. It is also a blockchain platform originating from the Block.one ICO which has yet to gain user traction.
Zilliqa (ZIL)
ZIL's price value is also down more than 80 percent from ATH, while it was one of the top coins at its peak.
Because many platforms have integrated the concept of sharding which works better than ZIL.
Among the huge crypto market, there are many potential tokens and joke tokens in which investors should be careful to choose the right one.