Which Cryptocurrencies Should Investors Avoid This Week?

投资者本周应避免哪些加密货币？

As the cryptocurrency market concludes the week, several assets have faced a decline in their price performance. However, beyond this temporary downturn, certain cryptocurrencies may present less favorable investment opportunities due to additional factors. Investors are advised to exercise caution with these specific cryptocurrencies:

随着加密货币市场本周结束，多种资产的价格表现出现下滑。然而，除了暂时的低迷之外，由于其他因素，某些加密货币可能会带来不太有利的投资机会。建议投资者谨慎对待这些特定的加密货币：

PEPE: High Risk due to Speculative Nature

PEPE：投机性导致高风险

PEPE, a speculative meme coin, has experienced short-term gains driven by social media hype. However, it is also susceptible to sharp declines. Recently, a large transfer of 400 billion tokens ($4.22 million) to Binance has raised concerns about increased selling pressure. PEPE is currently trading at $0.000009975, with a 5.29% drop in the past 24 hours and a 15.80% decline over the past week.

PEPE 是一种投机性模因币，在社交媒体炒作的推动下经历了短期上涨。然而，它也容易遭受急剧下跌。最近，向币安大量转移 4000 亿代币（422 万美元）引发了人们对抛售压力增加的担忧。 PEPE目前交易价格为0.000009975美元，过去24小时下跌5.29%，过去一周下跌15.80%。

Wormhole (W): Token Release Concerns

虫洞（W）：代币释放问题

Wormhole, a cross-chain interaction protocol, is expected to release approximately 612.12 million tokens soon. This could lead to increased selling pressure as investors may choose to liquidate their holdings, potentially impacting the price negatively. Wormhole is currently trading at $0.2357, with a 3.99% drop in the past 24 hours, an 18.03% drop in the past week, and a 34.93% decline over the past month.

Wormhole是一种跨链交互协议，预计很快将释放约61212万个代币。这可能会导致抛售压力增加，因为投资者可能会选择清算所持股份，从而可能对价格产生负面影响。虫洞目前交易价格为0.2357美元，过去24小时跌幅3.99%，过去一周跌幅18.03%，过去一个月跌幅34.93%。

IMX: Token Release and Marketplace Closure

IMX：代币发行和市场关闭

The Immutable (IMX) platform is preparing to release 32.47 million tokens and will be closing its Marketplace on August 13. This could disrupt user activities and impact the price of IMX. It is currently trading at $1.33, with a 2.96% drop in the past 24 hours, an 11.54% decline over the past week, and a 13.12% drop in the past month.

Immutable (IMX) 平台正准备发行 3247 万个代币，并将于 8 月 13 日关闭其市场。这可能会扰乱用户活动并影响 IMX 的价格。目前交易价格为1.33美元，近24小时跌幅2.96%，近一周跌幅11.54%，近一个月跌幅13.12%。

Investment Considerations

投资注意事项

Investors should consider the following strategies based on these market conditions:

投资者应根据这些市场状况考虑以下策略：

• Avoid trading PEPE, Wormhole, and IMX in the short term due to potential selling pressure.
• Monitor whale movements and token releases for potential indicators of price drops.
• Diversify portfolios to reduce risks associated with speculative and volatile assets.

Given these concerns, it may be advisable to refrain from trading these three cryptocurrencies in the near term or to proceed with caution. The aforementioned factors could negatively affect their price performance, warranting prudent consideration before investing.

由于潜在的抛售压力，短期内避免交易 PEPE、Wormhole 和 IMX。监控鲸鱼走势和代币释放，以寻找潜在的价格下跌指标。多样化投资组合以减少与投机性和波动性资产相关的风险。考虑到这些担忧，可能会出现以下情况：建议短期内不要交易这三种加密货币或谨慎行事。上述因素可能会对它们的价格表现产生负面影响，因此在投资前需要谨慎考虑。