Altcoin analyst Ran Neuner has urged investors to purge their portfolios of certain altcoins he considers unworthy, including Cardano （ADA）, XRP, and Worldcoin （WLD）. Neuner believes these tokens lack long-term utility and may underperform during the anticipated bull run.
Points
- Ran Neuner labels Cardano, XRP, and Worldcoin as bad tokens.
- Neuner criticizes these altcoins for lacking long-term utility.
- Cardano is noted for its user unfriendliness and minimal transactions.
- XRP is seen as decreasing in significance within DeFi.
- Worldcoin faces allegations of manipulation and poor tokenomics.
Ran Neuner’s Critique of Major Altcoins
Renowned altcoin analyst Ran Neuner has advised his followers to eliminate certain altcoins from their portfolios, including Cardano （ADA）, XRP, and Worldcoin （WLD）. Neuner’s criticism of these tokens is based on their perceived lack of long-term utility and potential underperformance in the upcoming bull run.
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Cardano’s Limitations
Neuner’s critique of Cardano is particularly harsh. He points out several issues, such as the platform’s user unfriendliness and minimal daily transactions. Additionally, Neuner notes the declining developer activity, which he believes diminishes Cardano’s relevance compared to other blockchain networks. Cardano is currently around 85% down from its 2021 all-time highs, further supporting his negative outlook.
XRP’s Declining Significance
Turning to XRP, Neuner acknowledges its loyal following but criticizes its decreasing significance within decentralized finance （DeFi）. He highlights that XRP’s use case in DeFi has been overshadowed by newer and better projects. Furthermore, Neuner points out the erratic nature of XRP’s market performance, with spikes followed by rapid declines, indicating instability and unreliable growth.
Worldcoin’s Controversies
Worldcoin faces even harsher criticism from Neuner, who labels it a “bad token” amidst allegations of manipulation and poor tokenomics. According to data from TokenUnlocks, over 83% of Worldcoin’s total supply is locked, with significant selling pressure expected from upcoming token unlocks. Crypto investigator ZachXBT has also labeled Worldcoin the “biggest scam token of the bull run,” accusing its team of not preventing price manipulations.
Neuner’s Broader Critique
Neuner extends his critique beyond these three tokens, including altcoins like Litecoin （LTC） and Algorand （ALGO） on his list of tokens to avoid. He criticizes Litecoin for its dwindling transaction volume and high costs relative to newer proof-of-work protocols. Algorand, despite its academic origins and promise of advanced smart contracts, is noted for its lack of real-world application and declining transaction volumes.
Conclusion
Ran Neuner’s critical assessment of Cardano, XRP, and Worldcoin highlights his belief that these tokens lack long-term utility and may underperform during the anticipated bull run. Investors should consider these critiques and evaluate their portfolios accordingly, focusing on tokens with strong fundamentals and growth potential.
解説
- Altcoin: A cryptocurrency other than Bitcoin, often with unique features and use cases.
- Decentralized Finance （DeFi）: Financial services using blockchain technology to remove intermediaries, offering more accessible and efficient services.
- Tokenomics: The economic model and distribution of a cryptocurrency token, influencing its value and stability.
- User Unfriendliness: A characteristic of a platform that is difficult to use or navigate, often leading to lower adoption rates.
- Market Performance: The price movement and trading volume of a cryptocurrency, indicating its popularity and investor sentiment.