While the crypto currency market develops rapidly, some subcoin projects shook the trust of investors. The projects that have hit the price, victimized users or signed scandals with their managers are now taken in the boycott list among investors. As Kriptokoin.com, we examine the 5 crypto projects in which investors react most on social media, experience loss of confidence and become uncertain.

Altcoin in the first place of the list ”Terra (Luna)”

The terra collapse in 2022 was recorded as one of the greatest disasters in crypto history. Luna experienced a chained decline as a result of the inability to maintain the value of the algorithmic stablecoin Ust. Millions of investors have lost all their accumulation within only hours.

Although the developer team started a new Luna version, the loss of confidence is deep. Although the old Luna (Lunc) is still traded, the community is now cautious about the project. The name Luna still means “to be avoided için for many investors.

2. FTX Token (FTT)

Once upon a time, the giant stock exchange FTX’s bankruptcy led FTT Token to the bottom. The trial of Sam Bankman-Fried, the loss of investor funds and the lack of transparency completely eliminated the confidence in FTT.

Although the token is still listed in stock markets, the volume is very low. Many investors see FTT as one of the most bitter lessons in crypto history.

Altcoin “Voyager Token (VGX)” during the third place of the list

The Voyager Digital’s application for bankruptcy in 2023 had harshly affected the platform’s local Token VGX harshly. While users could not access their funds, the token price crashed. When the company’s rescue agreement with Binance was canceled, hopes were completely exhausted.

Although VGX is still traded on the stock exchanges, it does not give a serious recovery signal. The community prefers to avoid investments due to lack of confidence behind the project.

4. Celsius Network (Cel): The promised returns became a dream

Celsius, who came to the fore with high interest promises, had a great impact in the crypto world after stopping the shooting in 2022. Cel Token also lost value rapidly with this crisis. The company’s bankruptcy application left investors desperate.

Today Cel is still trying to survive. However, investors have not forgotten the past crises. For this reason, Cel continues to be on the black list for many people.

Altcoin “Sushiswap (Sushi)”

Sushiswap, once seen as a strong competitor to Uniswap, is now far from old popularity. The internal conflicts of the project, leading changes and declining transaction volume were disappointed in the community.

Sushi Token, has experienced big decreases. Although some of the investors still support the project, the majority is now approaching the project with suspicion. Boycott calls often come up on social media.

These 5 projects once again show how important trust is when investing in the crypto market. Investors no longer have to deal with technical analysis, but also the history and management of the project. Because once the lost trust, it does not come back easily.