Bitcoin Forum

Any particular cryptocurrency that was long thought to be dead, only to experience a "revival" all of a sudden (that you know of)? I'm talking about coins that lost a huge portion of their value, only to experience a "revival" due to renewed interest from developers, the community, etc. I know chances of this happening are slim, but I've learned that all things are possible in crypto land. If there's one coin that won't make a comeback, that would be Terra/LUNA (aka Terra Classic) (due to the damaged reputation/image from its collapse a few years ago). And don't get me started on FTX's "FTT" token.

Feel free to share your findings below. Thank you. :)

There is a gang of blockchain-hijackers running around claiming to "revive" coins they pretend were "dead", but watch out...

As they have hijacked for example FairBriX which has been running all along and traded on HORIZON (https://MakeMoney.Knotwork.com/horizon/assets/) and Stellar (https://MakeMoney.Knotwork.com/stellar/) platforms all along.

They have hijacked other chains too.

My two lists linked above, of things I make trade-able using HORIZON and Stellar, have a number of coins in them some folk think to be dead, so chances are decent the hijackers will not stop with FairBriX.

With FairBriX they apparently got them listed somewhere, set up a block explorer whose link was dead when last I went looking, joined the network and drove the difficulty way way high "legitimately mining", then poof they vanished leaving the real chain still struggling against the high difficulty to find the next block and did some kind of fork or something, possibly even a jump way back into the past to some past time when they had lots of coins they long since sold, so that they could re-sell the same ones over again or something.

They have been known to do that forking from some long ago block on other chains too, look around the forum I don't recall specific instances.

The Galactic Milieu (https://MakeMoney.Knotwork.com/) doesn't so much revive dead coins, usually, as simply adopt undervalued / underappreciated coins and provide them with "treasuries" from which the game can calculate per coin values for them by dividing the total value of the coin's "treasury" by the number minted to compute calculated value per coin...

Then we try to build buy-sides up toward the calculated value, adding more assets into the "treasury" to increase the calculated value if we get the actual spot-market price, aka the buy-sides we build, up near the calculated value...


-MarkM-

  I have not come across any quote that "all things are possible in crypto" Even if some things are very possible in the crypto such as dead projects coming back to live and some shitcoins make a lot of profit for few investors and the volatility of many altcoins being too crazy to get investors capital Liquidated, yet it doesn't mean that all things are possible in the crypto land. It's rare for dead altcoins project to come back to live, the only chance they stand to do that is if the project is rebranded and given another name but if it's still with the old journey, no body wants to trust a project that has failed before.

Some old coins did not fail they just grew quiet, fell under the radar, were not popular for years at a time but kept on going, kept on trading, having long term in mind not the hype of the moment.

Also by tokenising them one could even not worry too much about proof of work security of the underlying blockchain as one could put a checkpoint into the clients then tokenise coins from before the checkpoint so clients know not to ever timetravel back to before the checkpoint to un-do the generation of the pre-checkpoint coins that tokens represent.


-MarkM-

Not all old coins have dropped their prices, daily volumes, but they have maintained and even improved as time passes or the years come. There are others that are just easy even though there is no development but the volume liquidity is still intact in the market and I have seen many like that so far.

But most of the old coins are still in the top listing like Ethereum, Trx, Ada, Bch, Xrp, these are just a few of the old coins that until now still remain strong, now if there are old coins that still remain like LUNC, it is up to us whether we still buy them.

I don't think that the majority of the coins that were already dead can have a come back if not all. That's because looking at the markets, when we say that they're dead, they're totally dead and won't be coming back anymore. It starts from the decrease in volume, the community will start to lose their grip on them and the delisting comes for the major exchanges where they're listed. While there are still some that are being kept on by the exchanges despite that with one glance at it, we can consider that it's totally dead. It's about the preference of the exchanges but if it's about a revival, I don't think that we'll see them a lot. A sudden pump might do but it's gonna be a pump and dump sequence done by whales.

I'll base it on my experience, I never trust coins that rise from the dead, they are not serious and just doing a comeback to profit again, a good developer will never leave his project, even if the coins lacks support or not doing well in the market, he will continue to better his platform, update the community and assure them that the project keeps going.
Coins that are dead should remain so, unless they can reasonably answer the question on why they left the project dead, and why they are coming back.

Won't SOLANA be the perfect example for this? Solana lost most of its value years ago but now we see it being considered as one of the biggest cryptocurrencies last year extending to this year. It is possible yes but not all the time this happens. You will be lucky to have kept holding on to a coin that has long ago declined.

There are exceptions, but coins that rise from the dead should be ignored. In the first place, why did they become dead, and why do the developers let the project die when I mean die, no update or interaction, and the domain was gone, a dead coin cannot just come back and get welcome, they first need to prove that they have returned and will continue developing the platform.
It's easier to create a new project than to resurrect an old one, because of the trust issue.

it seems like no coin has risen from the dead at the moment but some time ago i just found out that bram cohen the founder of bittorrent, has created the chia coin and it seems like it has the potential to rise again then because some time ago i saw the news that they have submitted its S-1 registration with the U.S. Securities and Exchange Commission, emphasizing the role of technological specifics in investments https://coinmarketcap.com/community/articles/67f02d513a8b2665c00447ba/

Pretty much each revival is a scam. There is not a single good reason for why something like this should happen. Why take insane risks to help others get scammed?

That is not true. Losing a lot of value does not make it a dead coin, it just means it followed the natural 4 year cycle here.

Title can have more than one definition but OP's definition according to his subject is different from what you wrote there. He is referring to those coins that had a bad reputation, I mean literally. While Solana is still a legit crypto despite experienced some issues in their system last time and in fact they even fixed it resulting for them to bounce back later on. Another coin would be is ETH.

A lot of people call it dead but it did came back recently even though it still didn't met some people's expectations. There is more to the list actually. If I can give another one, I would say Litecoin. It is one of the sleeping giants. These coins are solid in terms of fundamentals, it is just that it is also normal for them to experience a hibernation period sometimes.

Actually crypto always has a way of shocking people and one that springs to mind is Dogecoin. It was practically a joke for years with no actual use case and scarcely any development but nevertheless it came back from the dead owing to community enthusiasm and Elon’s tweets. Same with projects like Ethereum Classic and even Verge they was struck hard but found methods to stay alive. You’re right though others like LUNA and FTT are definitely too far gone reputation wise also in crypto never say never but some stains are just too deep to remove.

Don't have a link offhand but surely folk recall that bitcoin itself was pronounced dead some crazy number of times over the years. :)


-MarkM-

As you have a legendary account i am surprised if this is your first time stumbling into this.

I am sure that in most cases this is because pump & dump teams have been slowly accumulating tokens of nearly dead projects. That's because it's easier to pump something when you own huge amount of the supply and marketcap is low. Community older bag holders start to theorize, that there must be insider buying and some development happening, because price is rising, so they are reluctant to sell right away. All this speculation and price rising creates hype and pump & dump crew and their followers don't need that much money for their exit pump.

Is Litecoin one of them? I mean, it's still being actively traded on the market. But development is silent, as other crypto projects take the spotlight. Don't get me wrong. LTC has low fees and all, but it could never compete with established giants in the crypto space (mainly Solana, BNB, and ETH).

As far as dead coins are concerned, I've seen some abandoned "meme" coins rise back from the dead. It can be a result of hype, due to developers making a comeback or simply because of whales manipulating the market. We should never underestimate low market cap or low priced coins. You'll never know when prices begin to "pump" all of a sudden. I've been holding Magi (XMG) and Digitalcoin (DGC) for long with the hopes of seeing a revival (relaunch) in the future. Who knows? Maybe I'll get lucky someday... :D

Usually when the coin dips, especially new one - it's a joeover for everyone.

And when it gets up - they tend to say backwards that it will be eternal.

Nothing wrong with that, nature of human perception in our days ;D

I'm not too sure about the revival of a coin that has been destroyed like Luna and FTT because even if there is, it must have been a hot topic on social media. In general, investor and trader trust in troubled coins has ended at that time. but if I'm not mistaken, the beginning of Luna's crash can still be used as a profit. With several purchases at the lowest price at that time, I tried it and got out again to take advantage.

In today era, there is no coin that has risen from its destruction in the past, especially with the emergence of new projects that are much more Hit.

Ravencoin, Cake and many more.

Currently, I’m watching $STX and $LAYER to dip on insane level before I purchase again. This tokens is known for pumping hard when there’re already a hype on the market.

$ENS is good token to watch too since it dips hard and pump hard at the same time.

That is right. It was all over Twitter at that time. Elon was like a crypto pillar that time too who we thought was our saviour.

Dealing up with crypto then you shouldnt be that removing into your mind about into those probabilities on which anything could happen in a snap, we dont know if they are just that trying out to wait for bull run period on having such timing before they would be announcing up some comeback. For those who had been able here on this market for a while now then they do already have the experience into those previous bull runs on which there are those sudden news that comes out specially into these times on where news and other fundamentals would be coming out. There's always that possibility that those projects that been having some issues in the past up to now will be having that suddenly having those kind of positive updates on which it causes up to have that kind of potential revival or rising up from the dead. For those who had been that still trusting FTT, LUNC, or even that USTC then they are that trying out to accumulate as much as they could since they do believe on such potential comeback.

It would be that up to you whether you will be that trying out to deal up with something on which you do seem that it could bring out that potential profits once the market will be trying out to recover specially now that we are that on a bull run year then there's that chance. So it will be that up to you on what are the actions that you would be taking into.

Dogecoin never died. It was dormant until Elon decided to shill it on Twitter. I'm talking about coins that died (development stopped, prices tanked all the way to $0, and exchanges stopped supporting them) completely only to resurrect due to a community takeover, original developers making a comeback, or renewed interest/hype. Since the time I've been on crypto, only a small few have risen back from the dead. That's the usual trend with altcoins. People abandon existing ones in favor of the next big thing. Good gems such as Memorycoin, Mintcoin, Magi, and Spreadcoin would be long lost and forgotten as other coins take the spotlight. I'm sure many retail investors were left holding the bag (bagholder).

As for Terra/LUNA and FTT being beyond saving, the reasons for this are pretty obvious. Investors wouldn't like to deal with something that has a damaged reputation/image, even if developers do a re-branding or make a series of improvements. Terra launched a new version called "Terra 2.0" after the original coin's demise, only to fail getting the attention of mainstream investors and traders alike. And FTT? The now-defunct exchange (FTX) should've burnt all of the tokens and make the smart contract inoperable for good (through some sort of freeze function). Even if FTX makes a comeback, it would be hard for the FTT token to gain traction. These coins/tokens are the exception. The rest can rise from the dead, due to the reasons mentioned before. It's always best to continuosly monitor the market to help determine the right time to sell before it's too late. We're much safer with BTC than anything else.

The coins that are rising from the dead that they say are like Lunc, there are still many people who are buying them anyway on various exchanges so far, in fact I even bought some of them a long time ago, probably a few years ago, they were just held in my trust wallet.

Win or lose, it's okay what the result will be in the market, it seems like it might just be a coincidence because these coins are really more on pump and dump, in my opinion and opinion.

Oh yes, I almost forgot about LUNC or the Old Luna as I call it. Crazy times those when the scam/hack whatever it was happened and the price went from $100 to cents to even $0.000001 or so I believe was the lowest. I managed to buy some tokens when it was around $0.00001 but not much. Hope it gets somewhere although it's hard to imagine because the founder Du Kwon lost his reputation.

DOGE has some potential if Elon supports again. I bought some $TRUMP because of the hype but looks like it's dead again, though there is some hope because Trump officially mentioned it in some press conference or somewhere and even confirmed on X that he is associated with the project and it's not a scam in his name.

I remember stake casino quickly listed it, the hype was real that time lol.

There's an odd chance LUNC will rise back from the dead. But in crypto land, anything's possible. You'd be lucky if LUNC goes to $0.01 (yet alone $1). Buying lots of 'em now, would make you rich in the future. This would be a gamble, of course. Especially when no one can tell how the market will behave in the long-term. Even old coins like Dash and Decred are struggling to reach their original market prices. That's why most people prefer new, and unproven coins. They're fresh, filled with the same excitement Bitcoin had in the early days.

If you're aiming to make money, choose new coins. But if you want stability and reliability, choose tried-and-tested old coins instead. These are many old gems that have their unique place in crypto land. Even if they stop trading or developers abandon them. So long as there's one node and miner supporting an old coin, it won't be going anywhere soon.

One of the main considerations that you do need to look up is into those projects on which they are the first one who do able to offer that kind of utility. Nothing beats out those OG projects even though their price is on the floor now but there's always that chance or probabilities that it could be risen up from the dead and having that kind of pump in the future specially now that we are on the bull run year then we dont know on which project will be having that kind of possibility about recover into its price but just like been said that everything will be that a gamble because we do know that not all projects that touched up the ground will be having that kind of chance in speaking about recovery. Most of investors now would be that neglecting out those old coins and would be trying to catch up with those new ones with having that more lower marketcap and with having that also some new utility on which it is way more better than with those old projects. We cant be able to deny that when it comes to probabilities then anything could happen and there would be those instances on which you would be needing up to take a shot if you wanted to have that kind of possibility on earning that huge profits once it do recovers. We do have LUNC for example on which this is that connected to SBF and if there would be some news or sentiments that would be connected to him and made out some notable updates or whatsoever then expect that there will be that those connections that would be that possibly be a catalyst for it to make out such comeback but of course its not guarantee and thats why making up some decisions on trying out to invest into those coins/tokens or projects on which does have that not good standing when it comes to history and then you do presumed out that there's some possibility that it could have those huge comeback then that would be good because you had placed yourself at the bottom but always be that having that kind of approach that you do need up to accept it out that those chances are slim and thats why its better to invest on to those amounts on which that you can afford to lose as always. Trying out to diversify on other projects as well on which you do seem that it will be having that recovery. If you cant be able to handle out the risks with those projects then you should be sticking with Bitcoin instead.

Trump coin you Said, o men that going to give your portfolio a bleeding experience for long man, that coin is just hyped and dumped since within 24 hours after it launched on exchange, this is no way a coin to consider for any possible comeback again among all altcoins.what I know with altcoins is that, those that have potential don't rise rapidly but doesn't dump either, so whenever you see any coin dump, is almost impossible to raise again.

How is LUNC connected to SBF? I thought it was connected to Do Kwon, the founder of Terra/LUNA? Please enlighten me. Anyhow, there aren't differences between Do Kwon and SBF. Both are criminals and are paying their debts in jail.

The thing about old coins is that even though they die, the code is out there for anyone to "revive" the project anytime. That's if the core Blockchain network has zero nodes and miners supporting it. Believe me, I've seen a few coins that were once a "ghost town" to rise back the dead.

There's an old coin I'm looking forward to see a "revival", although it's still being traded on the market. Such coin is Dash. It has masternodes, privacy features, and instant transactions. Not to mention, the supply is extremely-finite capped at 18.90m units. Development is still on-going, but the project needs a better market/PR strategy if it wants to attract mainstream investors and traders alike. A resurgence in hype, and Dash will be flying all the way to Mars. We can never tell which will be the next popular coin, due to the unpredictability of the crypto market. At least, we know Bitcoin will survive for generations. And that's what truly matters.

Eventually we still have some few of them that recently woke up after a long period of slumbering, although is hard to measure their level of recovery in the end because most of those coin if you check their current price their are not near their previous all time high or even near half of that price with their recovering Price and not that the price is really doing great as per say.

I can recommend a good project to you. It is the only public chain currency of pepe. Its first block was created on January 30th, 2014. At present, its market value is only US$ 20 million, but more than 50,000 people in the global community are working hard for it. Its official website is pepecoin.org'. The founder's goal is to build a PEPEPE community with millions of people. Just like doge, pepe is an IP with unlimited imagination. It mines with LTC and doge, and its computing power is equal to that of DOGE at present, and we have launched tangem wallet, which has in-depth cooperation. You can check it on Twitter.

It's very vital to be always keeping track of dead token especially the ones that still got listed on most renounced exchange, crypto coins that had bad news in the past that broke down the company do not actually die forever but creates time for them to rebuild themselves no matter how long it takes, the ones that actually pump after a long term death are mostly meme coins that got no volume and liquidity but grows 5-700% at a sudden spike.

So be mindful of the dead token you keep track of, in as much as Luna and FTT are still on Binance and major Cex, the possibility of spiking up is certain with lots of volume for faster executions.

There are coins out there with low liquidity considered almost dead but stil present on exchanges.
Some people use such coins for pump and dump schemes and advertise it as if the coin is in revival phase.
There are also other coins like FUN token which are near dead because of very low price although still active.
Coming LUNA and FTT I don't think they will be up ever again.

Apart from the value on exchanges, be sure to also check the activity on the corresponding blockchain while the coin was "dead". With near-zero activity on the consensus mechanism, attacks that would be unrealistic under normal conditions may become feasible.

It is better that we consider making a thorough research concerning a coin than to invest on what may caused us a serious problem later after our investment in them, also, I don't go with a come back on this regard, because once a coin or any crypto project failed, i can't go back on the same for a second time and invest in such again, things aren't done that way, the better we know this and prevent choosing the wrong investment from the first place.

Pump and dump schemes are the usual behavior within the crypto "graveyard". But seeing a coin experience a resurgence in development? That would be an oddity these days. Usually, developers do a rebranding of the project instead of continuing with the original name. All to give a "fresh look" towards investors and traders alike. For coins that are about to die (such as DASH and BSV), it's best to move onto newer ones to avoid turning into a bagholder in the long run. Assuming you're heavily investment in them.

If there's only one coin that's guaranteed to survive, that would be Bitcoin. The rest are just a gamble. Most people are greedy, so they will continue to buy forgotten coins such as LUNC and FTT with the hopes of striking it rich soon. Don't make the same mistake. You'll thank me later. ;D

Lately a lot have been inconsistent with the altcoins market, with many of those dead coins that make attempts to wake from their long period of slumbing not being able to sustain their recovery and sliding back to their dead stage again is something we need to border about if we are pointing out those coins that are in that category.

I'm not aware of any outside of the "major coins" which were able to completely recover after a "near death experience".

One which made at least a bit of a comeback after a very deep dive is Diamond (DMD). Had a very short lived ATH in 2017 at $33 and then fell as low as$ 0.30, i.e. a 99% crash. Then since 2022/23 the coin made some quite noticeable progress reaching $5. Now it fell a bit again but with $2 it does much better than in their "darkest times".

Ravencoin (RVN), which was already mentioned, could also be an example but on a much lower level, and their comeback in early 2024 has also almost faded away already. I read they got a bit of a boost after Ethereum changed to PoS, because their algorithm can be mined by the old Ethereum mining hardware.

DMD might be at a good entry-point right now actually because it is so ridiculously low despite its upcoming upgrade to v4 which will also leave you with your v3 coins at least if you do your claiming of v4 coins corresponding to your v3 coins yourself.

It is far from clear whether if you let exchanges change your v3 coins over to v4 they will actually give you your v3 coins back afterward so unless/until they assure they will it so far seems better to plan on getting your DMD off the exchanges in time for the snapshot on which claims of corresponding v4 coins will be based, to make sure you really do get to keep your v3 coins too.

The Galactic Milieu (https://MakeMoney.Knotwork.com/) still expects to be creating a "treasury" for DMDv3 in order to be able to calculate a value per v3 coin by dividing the total value of the "treasury" by the number minted, with the target calculated value still probably being the spot market price of the v3 DMD coins at the time of the changeover, or quite likely more if folks end up "dumping" the spot market prices down at about that time...

-MarkM-

You can also add up Terra (LUNA) which suffer from major breach before but they still manage to recover a little bit and still gather millions of volumes as of today in different exchange.

Also FTX another famous incident on where it experience major collapse due to the controversy happened but now they still manage to get millions of volumes and looks like doing great on the market.

But I don't know why people still believe to buy and trade this coins since its quiet risky to try again for another time around especially that we know they are been badly compromised and the incident happen to them is pretty serious.

I own some DMD myself. But it was never dead. Development was still going behind the scenes. For a cryptocurrency with a limited supply, I'd say Diamond is extremely-undervalued. Maybe the new V4 upgrade would be more appealing to investors? It will combine the programmability of Ethereum with the economic aspects of Bitcoin. The HBFT consensus mechanism would be among the first of its kind. Blazing-fast transactions at a fraction of the cost.

If there's one coin that's about to die, that would be DASH. It lost a huge percentage of its value, and there aren't any major announcements from the developer team (AFAIK). Of course, DASH has a finite supply like BTC and DMD. But without mainstream adoption, it would be doomed to failure. ETC is in the same boat. We can never tell which will be the next coin that will lose its luster. So better be prepared for the worse, just in case.

I too feel like DMD never did die, but as pointed out earlier it did decline very massively in price.

So massively that I just accumulated more master-nodes rather than living off of the rewards during that period.

But I am thinking ahead too to the possibility that some might imagine DMDv3 to have "died" once DMDv4 comes out, and pointing out that like various classic coins before it that possibility of having been thought by some to have died is where the Galactic Milieu (https://MakeMoney.Knotwork.com/) comes in, since if you look at money as IOUs the prospect that a "civilisation" whose coin it "is" could at last "redeem" massive numbers of its "IOUs" ought to be regarded as a good thing.

DMDv3 still continuing to exist after one has claimed one's corresponding v4 coins is a great opportunity for the game, a time when it can adopt a coin wholesale to be henceforth a game coin for use in the game.

Maybe if DASH was a whole lot cheaper, and had already been of use in the game, it "dying" would be nice too, but DASH is not one of the coins lucky enough to have become part of the Milieu so unless a whole bunch of its holders see fit to raise a good "treasury" for it in the Milieu it seems very unlikely that it will be similarly adopted.

It is true that there was a time when the Milieu was quite active in adopting classic antique coins but DASH never made the cut really once the total number of coins "out there" flew past 3000 onward to 30000 and beyond it became clear that there are just too too many dying and even designed from the outset to die coins "out there" that the small window of time to think about salvaging some of them is pretty much long gone by now.

DMD will be a platform for tokens too though so among its merits is also the possibility of using it as a platform in addition to the HORIZON (https://MakeMoney.Knotwork.com/horizon/assets/) and Stellar (https://MakeMoney.Knotwork.com/stellar/) platforms we already use.

Already too though it is being realised that long term we are going to need to be supporting Stellar itself too, I doubt one can really rely upon the token platforms to magically support themselves, over the decades I do expect tokens relying upon them are ultimately going to need to be building the various buy-sides on the various venues where the platform coin itself is traded to prevent long term decay of the values of all their tokens as the platform's native token decays in value over the decades.

To that end I some time back started working on the BTC/XLM pair the same way I work on other pairs, and have already been seeing that it works just like the other pairs I apply the strategy too, meaning accumulating an ever-growing hoard of in this case XLM with which to build the XLM buy-sides of my various XLM/token pairs on Stellar...

This of course means it all ultimately rests upon bitcoin, but we all already know that anyway, right? :)


-MarkM-

Have to agree re: Solana, since many other projects are building on top of it now.

In an adjacent category, Tether escaping from all FUD to be in the top 20 list of UST holders is ... impressive.

You're right. We don't see that much these days. I remember ETHLend was rebranded to AAVE back in 2018 and is quite successful today as well.
I was lucky to get an airdrop back then but thats not happening these days. I don't hold any of those coins today though.
I am just holding BTC and one more altcoin but that's just it. I guess we are better off with BTC alone. Alts are risky as hell.