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3 Beaten-Down Cryptos That Aren't Worth Buying on the Dip

Three beaten-down cryptos to avoid for now are Cardano (CRYPTO: ADA), Dogecoin (CRYPTO: DOGE), and Litecoin (CRYPTO: LTC). On March 2, President Donald Trump mentioned Cardano in a single Truth Social post about the potential creation of a national crypto strategic reserve, and the price of Cardano shot through the roof for a huge one-day gain. On March 6, the reserve morphed into the U.S. Digital Asset Stockpile, and there's no longer any guarantee that the U.S. government will be buying Cardano.