Cryptocurrency investors have been urged to avoid investing in Axie Infinity (AXS) and Casper (CSPR), these coins are nothing short of scams.
Axie Infinity (AXS) and Casper (CSPR) because they are examples of coins that are crashing and they’re nothing more than helium-inflated projects, in other words, just hot air and gas.
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The so many scams presenting themselves as cryptocurrency these days are making it difficult for investors to invest in cryptocurrency without fear of losing their investments to scammers.
The digital currency known as Cryptocurrency is an alternative form of payment created using encryption algorithms. The use of encryption technologies means that cryptocurrencies function both as a currency and as a virtual accounting system. To use cryptocurrencies, you need a cryptocurrency wallet.
Both of these projects are not solving any real problems, and they’re not backed by anything of value.
According to some top market experts, these two cryptos will crash and they highlighted the following red flags that should make you wary of investing in Axie Infinity (AXS) or Casper (CSPR).
First, Axie Infinity (AXS) plays itself as a fun play-to-earn game. However, the game is just a front for the Axie Infinity (AXS) team to sell their overpriced tokens. The Axie Infinity (AXS) team has no intention of actually building a game worth playing later in the future.
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Second, Casper (CSPR) is another project that is nothing more than just another relockchain. It’s not a sleeping giant. Casper (CSPR) is really just a somewhat hyped-up version of Ethereum (ETH).
The Casper (CSPR) team is trying to sell their coin as a better version of Ethereum (ETH), but it’s not. There’s nothing special about Casper (CSPR) that makes it worth investing in. They’re using famous names such as Tim Draper to try to pump up the price, but it’s all a facade.
