Warning: 3 Cryptos to Sell and NEVER Buy Again.

Almost all cryptocurrencies are shady in some way. Unfortunately, this is how the cryptocurrency market operates. However, you can still make money by investing in many crypto projects if you make smart decisions and get in at the right time.

That said, it's also true that it's generally best to avoid certain cryptocurrencies altogether. Many cryptocurrencies have persistent token economics problems or have no utility that would generate more hype. These cryptocurrencies are unlikely to provide solid returns even if held for years. And even if they rise at the end of the day, you'll likely end up with profits that lag behind the broader crypto market.

Here are three of those cryptocurrencies to sell that I would certainly put in that bucket.

Worldcoin (WLD-USD)

world currency (WLD-USD) is a project founded by Sam Altman of OpenAI. Consequently, this is a project that definitely has the kind of brand and fame behind it that many investors want to see. Sam Altman wants to scan everyone's eyes and, as a reward, give the world WLD, creating a global currency. Worldcoin's mission is to have a universal basic income system ready for humans once AI systems take over.

Personally, I don't think AI systems will ever be indistinguishable from humans in the physical world. Also, I don't think this project makes much sense either. Any UBI system will likely come from the government rather than a crypto project with no funding from anywhere. Additionally, people can access many crypto projects with a much better trader base. bitcoin (BTC-USD) is now a global currency that you can use. Worldcoin's eye scanning technology makes it much more difficult and cumbersome to use, and most of the world does not have the technology available to claim free WLD tokens.

I would not recommend buying this cryptocurrency as there is likely to be huge inflation in the future. Worldcoin is designed to be distributed to 10 billion people and has a maximum supply of 10 billion records. The current supply is 240 million WLD, so if a dystopian AI world were to materialize, any investment you make now will likely be diluted to pennies anyway.

Cardano (ADA-USD)

This could be a controversial choice. However, I think you'd better sell. Cardano (ADA-USD). It is one of the most popular layer 1 cryptocurrencies out there, but the entire ecosystem has been dry for many years. Sure, many investors would claim that there is a lot going on on the backend, but it is nothing compared to the development in Ethereum (ETH-USD) and solarium (SOL-USD). Most other layer 1 cryptocurrencies have much more activity in their ecosystems while Cardano sleeps.

Cardano has also failed to realize its Africa strategy. I think this ploy was more of a marketing plan than anything concrete. I doubt anyone on the Cardano team ever set foot in Africa, and the whole thing failed, along with the Cardano Africa website.

With all that in mind, I think you'll find a lot more buzz and upside if you buy Solana or Ethereum. Even avalanche (AVAX-USD) has more buzz these days.

Gala (GALA-USD)

Gala (GALA-USD) is a blockchain gaming cryptocurrency. This cryptocurrency has been slowly dying since the last bull market cycle, and I believe it is a token that is unlikely to see a spike anytime soon. The entire play-to-earn crypto sector has gone quiet this time, and any gaming projects that are gaining traction are either new or have better tokenomics than Gala.

Blockchain metaverse projects, in general, have continued to bleed while the rest of the market has risen. These metaverse games see very few players, so I think this token is not worth investing in.

In fact, my biggest problem here is that Gala has a very high inflation rate. The projects Current supply inflation stands at almost 45%.. Inflation was 210% last year and I believe any increase in player numbers will only lead to more inflation as more tokens are minted to reward users. You better abandon ship.

On the date of publication, Omor Ibne Ehsan did not hold (either directly or indirectly) any position in the securities mentioned in this article. The opinions expressed in this article are those of the author, subject to InvestorPlace.com. Publication Guidelines.