It's not hard to see why some investors are enamored with the cryptocurrency market. Although digital assets carry with them elevated levels of volatility and risk, if you're lucky enough to pick a winner early on, the returns can be truly astronomical.

This was the case with Shiba Inu (CRYPTO: SHIB) in 2021, as the dog-themed cryptocurrency skyrocketed thanks in part to the meme stock craze. But the token has come crashing down.

Risk-seeking investors might be inclined to buy this crypto on the dip. I think that's the wrong move. In fact, I view Shiba Inu as one cryptocurrency that should be avoided no matter what.

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Source Fool.com