Bitcoin Gains Strength, but These 3 Cryptos Could Be Headed for a Crash

Updated

June 2, 2025

Gambar Bitcoin Gains Strength, but These 3 Cryptos Could Be Headed for a Crash

Jakarta, Pintu News – Bitcoin has scored another rally and caught the attention of global markets with a solid gain that touched the $111,000 mark some time ago. However, behind the euphoria, not all crypto assets are enjoying the same momentum.

According to The Mootley Fool’s analysis, some altcoins are showing serious signs of weakness and could potentially experience a sharp correction in the near future. In this article, we review three cryptos that should be avoided as they are predicted to plummet despite the bullish market.

1. Dogecoin (DOGE): Popularity Doesn’t Guarantee Price Increase?

Dogecoin has managed to rise by around 24% in the past month, but overall it has still fallen by more than 33% since the beginning of the year. Currently, the price of DOGE hovers around IDR3,400 ($0.21), a far cry from its record high in May 2021 of almost IDR12,100 ($0.74).

Expectations for Dogecoin to touch the psychological mark of Rp16,300 ($1) seem to be getting further away from reality, as there are no significant developments driving its fundamentals.

Elon Musk’s big name that once boosted DOGE’s hype no longer has a big impact. Although there was a discourse of “Department of Government Efficiency (DOGE)”, which some investors associated with Dogecoin, the fact is that there is no official relationship.

Over time, the narrative faded. This proved that Dogecoin was too reliant on hype and lacked any real utility to support its growth.

Also read: These 3 Cryptos Gained Over 500% in 7 Days, Must Be on the Watchlist!

2. Cardano (ADA): Big ambitions, but still running in place?

Cardano was once touted as Ethereum’s main competitor in the high-tech blockchain world. But since peaking at IDR50,600 ($3.10) in 2021, ADA has not managed to bounce back and is now still below IDR16,300 ($1).

Although the development of the project continues, many parties feel disappointed because the results are not visible. Even the founder, Charles Hoskinson, admits that the current Cardano ecosystem has not shown significant progress.

In recent years, Cardano has been losing ground to newer projects like Solana that are thriving with a more active ecosystem. Although the Cardano community is still solid, the project is considered to be running too slowly in pursuit of real adoption.

Many investors are beginning to question whether ADA can become relevant again in the now more competitive crypto market. For now, Cardano looks more like an ambitious project that hasn’t managed to escape its stagnant phase.

3. Litecoin (LTC): Failed to Rise Despite its Rise

Litecoin (LTC) stole the show in early 2025 when rumors surfaced that a Litecoin-based ETF would soon be launched, following the success of the Bitcoin ETF in early 2024. Unfortunately, that enthusiasm has now faded as financial authorities, such as the SEC, are not expected to consider a Litecoin ETF until later this year at the earliest. Regulatory uncertainty and global market sentiment are also prolonging the waiting period.

The current LTC price is still far away from its highest peak in 2021 and has fallen by more than 77%. While other cryptos like Bitcoin are setting new records, Litecoin continues to lag behind.

While it’s known as one of the oldest cryptos with a fast network and low fees, there aren’t many new innovations on offer. Instead of chasing Litecoin because it looks “cheap”, many analysts recommend turning your attention to other more promising assets.

That’s the latest information about crypto. Follow us on Google News to stay up-to-date on the world of crypto and blockchain technology.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

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