3 Crypto Coins to Avoid Buying During This Market Dip

Not every market dip is a good buying opportunity. Even though some coins are primed for a bounce, others come with too much baggage – weak fundamentals, fading momentum, or serious risk factors. With that in mind, here are three cryptocurrencies that might not be worth your money during the current correction.

1. Pi Coin (PI)

Pi Coin is one of the most hyped tokens in recent memory. It grew fast through its mobile mining app, and millions of users were onboarded. But lately, things have been falling apart.

The biggest red flag? Massive daily token unlocks. Around 8.5 million Pi tokens are being released into circulation every day. That’s a lot of extra supply hitting the market, and it’s weighing heavily on the price.

We’ve already seen the result – Pi dropped from $1.56 to around $0.84 in just days. The volatility is brutal. And even beyond the price swings, there’s still no clear utility or working mainnet exchange listing for most users.

Right now, Pi Coin looks like it’s built on hype, not substance. Until unlocks slow down and real-world usage picks up, this isn’t a dip worth buying.

2. Shiba Inu (SHIB)

Shiba Inu had its moment in 2021, riding the meme wave along with Dogecoin. But in this cycle, it just hasn’t clicked the same way.

Even as meme coins made massive gains this year – with coins like Pepe, Brett, and Fartcoin stealing the spotlight – SHIB has mostly lagged behind. Its price hasn’t moved much, and Dogecoin has been heavily outperforming it in recent weeks.

Shiba Inu’s ecosystem tried to expand with Shibarium, but adoption has been underwhelming. Despite all the marketing, there’s not much new money flowing into SHIB. Meme coin investors are clearly chasing newer, trendier tokens.

If you’re looking for meme coin exposure during the dip, SHIB probably isn’t your best option right now.

Read also: How Much Will 2,000 Hedera Tokens Be Worth in 2026? HBAR Price Prediction

3. Solana (SOL)

Solana was one of the biggest winners earlier in this bull run. It recovered from the FTX collapse, attracted new projects, and became a favorite for meme coin trading. But things have started to cool off.

On-chain data shows that Solana’s user activity has dropped by more than 40%. At the same time, the network has been flooded with low-quality meme coins, many of which turned out to be scams or rug pulls. That’s hurting Solana’s reputation, even though the tech itself is still solid.

And from a price perspective, Solana has already had a massive run. It went from under $10 to over $200 in just over a year. At this stage, it may be overextended, especially if Bitcoin continues to dip.

Solana is still a strong project long-term, but this probably isn’t the best time to jump in – especially if you’re expecting short-term gains.

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Petar Jovanović
Petar Jovanović

As the Head of Content at Captainaltcoin, I bring years of experience in the crypto industry. With a strong belief in the potential of the web3 market since 2017, I'm passionate about sharing valuable insights and knowledge. Feel free to connect with me on LinkedIn and let's discuss the exciting world of cryptocurrencies and decentralized technologies!

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