Many buyers are likely to be badly burned when altcoin prices "fall back to earth with a bump," one investment analyst said.
Investors are searching for the next bitcoin and ether.
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Altcoins like safemoon and dogecoin serve little purpose and are highly risky, analysts said.
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https://www.businessinsider.com/altcoins-safemoon-dogecoin-cryptocurrencies-speculative-risky-analysts-2021-4#BusinessInsider
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