Bitcoin Forum

https://www.coingecko.com/research/publications/how-many-cryptocurrencies-failed
"How Many Crypto Coins Have Died?
Over 50% of all cryptocurrencies have died. Of the over 24,000 cryptocurrencies listed on CoinGecko since 2014, 14,039 have died.
https://www.talkimg.com/images/2024/01/18/3gAMZ.md.jpeg (https://www.talkimg.com/image/3gAMZ)
Most dead cryptocurrencies came from projects launched during the 2020 - 2021 bull run. 7,530 cryptocurrencies from that period have died, accounting for 53.6% of all dead cryptocurrencies on CoinGecko. Over 11,000 cryptocurrencies were listed on CoinGecko during the previous bull run, with ~70% having shut down since."

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Officially, only 50% are scam and unsuccessful projects

Wow. 24000 Cryptocurrencies. that is a huge amount of cryptocurrencies. and I think that is why 50% of them failed. too much of something is never a good thing. I am sure another 50% of active coins are also don't worth anything. and most of them will be dead too sooner or later.
CoinGecko literally listed every single shit token/coin out there. Coinmarketcap have 8700 coins listed. and I was thinking that is huge. CoinGecko made a lot of money from all those dead coins as a listing fee I think. lol
Except 200 to 300 Cryptocurrencies. rest of them all are worthless.

These kind of news and statistical researches only confirm one of the biggest reason any newcomer would feel very insecure to get into alternative coins or even in Bitcoin or Ethereum.
There are simple too many scams and shady projects out there, being launched each day seeking for victims. The worst part is the fact much of the people who want to become investors of those alternative currencies do not know how to spot whether is fake or can be trusted. In the end, the results will be a very negative experience with the coin and passing the information to other people about cryptocurrencies as a whole are all scams, which is obviously false.

I would also point out that being a alternative coin investor is not something for people who do not have time to keep an eye on the price and the data of such coin, with alts one nevers knows when a massive dump will start leaving one holding the bags forever.
 
Before buying alternative currencies, I think it would be better just to get some Bitcoin or Ethereum, in the case of newbies. Thanks for sharing the article, by the way.

the data was collected based on cryptocurrencies that were on their radar, meaning that there are still quite a lot of cryptocurrencies that are not on their radar, and it is possible that the number of cryptocurrencies that have died since 2014 could be more than that.

this shows how easy it is for people to develop their own cryptocurrency, raise public funds, and just abandon the project for various reasons. and this is why cryptocurrency is a negative thing for some people and many investors don't trust cryptocurrency anymore because they see how many cryptocurrencies have died and been abandoned and how weak the supervision of the development of these cryptocurrencies is which raises investors' attention to no longer interested in a crypto project and investing in it.

in the end, people will be more interested in investing in popular cryptocurrencies where the risk is lower and whose credibility has been tested for years, compared to new crypto projects.

Is the list included all the project that rug pull or honeypot on different blockchain because that number is still too small compared to the amount of smart contracts being created in daily basis by scam project that didn’t even listed on a price aggregator like coingecko.

That number will still grow once the bear season entered once again since scam projects tends to be abandoned later on if there’s no new liquidity flowing to the pool. Crypto investors is also not holding shitcoins long term which makes it one of the main contributing factor why weak shitcoins always become dead long run. Only those project with strong VC backing the liquidity runs long term.

IMO, we still have many more.

There has some project are not listed on the coin-provider, like they take some fund from fundraising and never getting listed or are completely scammed. Also, you can't check based on total contract is being created.

As you know, contract being crated is not always for new project.

I can only remember one cryptocurrency in 2022 that died and except that one coin I have not heard another coin that has died. You mean 24,000 cryptocurrency have died from 2014 to date, wow!!! That is huge number. Though I have heard some died cryptocurrency projects in 2021 but I didn't see them and the only one I saw was the Terra Luna and most of those projects were created by criminals.

Any scam cryptocurrency projects can not stay long in the ecosystem because it would not grow and the developers would be frustrated. And must of them are still surviving because of the mini bull market and once the bear market come again many will collapse again. Please when you are investing be wise.

I am sure that the numbers can go up to 90% if we take the reports based on the price when it's launched and the current standing price. This isn't surprising to me at all because this is free-market and everyone can come up with their own project and blockchain like ETH,BNB helped their dream to be more easier cause they can just start their token journey with the minimum resources possible.

The numbers are already upto 99%. It's just that we don't count.
The chart is suggesting the coins that were at times listed on and tracked by coingecko. There are 100s of crypto projects specially memecoins and dumb forks of mineable coins that even don't make it to the coingecko.
This stage of crypto itself is a good thing for the future as investors and users would learn that not every crypto are the same. This would also make new projects struggle to prove themselves but when they get to stand out, they'd be a good option.

Not just shocking and how about into those coins that have completely rug pulled and become a scam into those decentralized exchangers? For sure these numbers would really be just that too small
since they are really that focusing or trying to look on CG stats but in overall then those numbers would really be just that mere small. This is why it wont really be shocking
that there are tons of shit projects that would exist into this market considering that there are tons of newbie investors too on which those scam developers would really be doing their
very best on trying out to lure those people to make those blind investment and make that easy money.

This is why it would really be that best that you should really know on which project that you would be sticking in for long term but since it cant really be denied that
we do want to have that early entry into those projects then this is why people would really be that a fan on trying to invest into those early times as much
as possible on which high multipliers could be possibly be able to obtain once you do hit up the right project.

50% !!! The percentage looks smaller than expected. I thought over 85% cryptocurrencies have failed. I am not sure if Coingecko has considered every single cryptos were launched so far. Probably they had created some entry barrier to appear to their list. Crypto market had become like wild west during ICO time where every single day we used to see at least 30 - 40 new ICOs launching. Then we had IEO 0hase and then IDO. The number seriously doesn't look correct to me.

Reason why majority of alts are not for longterm, they are only good for temporary trade. Imagine buying and Hodling an alts that will lose value within a year or two and you will automatically lose your investment.
Every so often new alts project is out with it's native tokens, it makes it difficult for investors to keep up.
Majority don't really have utility so they will fail definitely.

Somehow I'm not at all surprised to see this data, we all know that only a small number of projects are serious about building this industry, the rest are just speculation and taking advantage of the moment. That 50% is the data that CoinGecko managed to collect from projects listed on their platform, then what about those that are not registered on their platform or that are not registered at all on CoinGecko, Coinmarketcap, Coinpaprika and other platforms?

So, I wouldn't be surprised if later we find data that 90% of all crypto projects are dead projects, if we refer to all native tokens that have been created on various networks.

And soon, there are going to be more of them. 50% actually is quite high in numbers if there are bunch of projects already in the market. There's a need to purge them but it is going to happen naturally because everyone will have their own preference on what they should invest and that's going to be the most reputable ones and no doubt that if after this soon to be bull run ends, there will be more of them. That's like the season that many of them will die more.

That's altcoins for you which anything can happen at anytime, so many altcoins in the market are no more to be found in the market and many more will still not to be find in the market. That's is why it is important before making plans to invest in altcoins one needs to invest with the amount one can afford to lose. Altcoins are not something that one can rely if it will last long in the market. Making better  research before investing to know if altcoins are good for investment is important.

It seems like 50% is a conservative number for what has been and is, even now a portfolio in the 5000 crypto range is already a challenge for everyone. No one has the time to remember them all, and just like filtering, the range in the top 1000 seems to work better and then the top 500, 100, 10, 1.

The core thing is bitcoin and the rest are leaves and scenes that are developed, but to be honest since it has been operating up to now, there has been a lot of attention from many developers, I don't know if other fields could produce such figures during that period. I just had to laugh, because seeing some projects from people with no knowledge, anyone can create their own project :) .

Most of them didn't died because they failed, but most of them are just a scam project who are meant to die instantly after getting what they want and that is not new anymore. Most probably some projects were affected by the pandemic that resulted in stopping their operations. They died in purpose and maybe that is for our own benefit, for us to avoid those projects because they are not worth the risk. Its good that recently, most of the projects are doing great.

That's just as of today.  Most of those are just being held up by pure greed.  I'd argue at least 99% of these are just scams or at best not scams but projects that have unachievable goals.  Anyone can make a coin in no time and think they can run a project.  But most are just pump amd dump.toys to get those people who make them more bitcoin, eth or fiat.

Great information. I was actually thinking of fetching this data to use it for educational purposes off the forum, precisely, and perhaps on the forum too.

I know about 10 good projects that started in 2021, and they started well and seemed more like a project that was not going to fail, but they are no more today. After investing in different altcoins that render my investment worthless, I just cease to invest in altcoins. If I want to invest in any altcoin now, it's just to invest an amount that I can afford to lose.

Some died because that was their plan all along (scam), some died because they failed to understand the market properly and underrated it. Some died because they didn’t generate enough fund to successfully launch and run the project. For some it was poor community engagement (something very important). And many other reasons. These numbers are the reason I like to advise people to be careful of what altcoin they want to invest their money into. Just because something is new doesn’t mean it’s good or safe. The ratio isn’t look good at all.

When there is too much quantity of a product, it is bound to happen that only a few would be of good quality

This statistical data might make beginners turn away from altcoins but despite the difficulty in finding a good project with potential to go big, altcoins still serve a lot of benefits for investors especially those short-term investors people who can not find what they are looking for in bitcoin or ethereum can look for it with altcoins right now it seems like a lot of people only care about releasing or launching a project i hope to see someday that a lot of altcoins would be successful

And those are only the coins that gained enough notoriety to be added to their website, if we were to take a look at the whole group of coins that at some point were created and that failed then the number of failed coins and the failure percentage will go up even more.

This is why it is difficult for me to understand those that invest in those coins, since the risk they are taking is very high and for the most part the risk does not match the benefits they could get.

Certainly, crypto currencies market has seen significant expansion  during the recent recent years, and it is true that all of them not genuine. Exploiting the popularity and rapid progress of its market, numerous bad players have entered, seeking to exploit and defraud new comers. I think the number of failed projects could exceed further if intensive research is conducted. I personally choose to invest in only Top 20 projects listed on coinmarketcap and promising projects in new emerging sectors such as Artificial Intelligence (AI) and Real World assets (RWA).

I've concluded that the crypto industry is a hub of scams and hacks, and this chart by the OP has proved that it's true, I believe that the reason must be because of weak requirements for developers, so every scammer can easily get their scam projects listed. And the victims are newbies into cryptocurrency investment, they'd hear a project on YouTube or telegram, they'd hear an enticing new project from someone, without knowing that they're supposed to carry out research first, they'll put their hard earned money in it and when they're eventually scammed, they'll label all cryptocurrency as scam.

Totally agreed that newbies should focus on buying Bitcoin and top altcoins like Ethereum, then when they're more knowledgeable about the market, they'll have more experience about investing in alternative coins, do their research to determine whether what they want to invest in is legit or shitcoin.

Certainly, Bitcoin and Ethereum stand out as prominent cryptocurrencies in the crypto space, making them not only preferred choice of newbies but also seasoned investors. We all should always prefer these two coin over altcoins.In my own long term portfolio, I allocate 60% to these two coins and remaining portion is distributed among note worthy projects, such as Solana, Chain Link, XRP, Cosmos, Celestia (TIA) and other well established coins ranked within the Top-20.

It seems that there is no longer a time when tokens triumph and can have high prices anymore. in other words, investors for now only trust more in coins that already have a large marcetcap. as well as me who even only choose bitcoin and ethereum and not with other coins. although I have heard a lot about meme coins that can go up to 100-1000%.

It's also sad to read the results of the survey and the first biggest reason is that before they die, many people like new skin colors, especially when projects are launched, prices rise at that time. This is the one thing that is most difficult to reduce fomo attention to new altcoin projects coming up and the fact that money is happening, many traders will think this is a good, strong project to hold while on the other hand the stars are early investors who sell coins with a click.

The initial bull run saw a massive influx of new projects and coins into the cryptocurrency market, as many companies and individuals sought to capitalize on the growing interest in digital currencies. However, many of these projects could not sustain themselves and ultimately failed. Most of the cryptocurrencies listed so far from projects launched within the past few years have not been able to sustain themselves in the long term. However, there have been relatively few dead coins in the past year, and many new projects are currently moving forward.

Thats just based on the records from CoinGecko. I think there are more altcoins that have failed. In my opinion, not all of them failed due to scams, some may have other reasons. With the sheer number of altcoins, it seems like they're really being sifted through, and only the most solid projects remain, like bitcoin and ethereum, which are still around. Its imprtant to be cautious and thoroughly research an altcoin before deciding on a longterm investment because there's a significant possibility that your investment might vanish like a bubble. I hope many newbie see this thread to become aware of this.

The large number of new projects being launched will be a warning for investors who have just entered this industry, most people are tempted to make quick profits and are very easily influenced by news that exaggerates so that the tokens they launch can attract many people interested. Altcoins are an alternative for some people who want to make quick profits, but not all projects have bright prospects for the future.  New project developers certainly take advantage of the situation, when they have already made a profit the project is left alone so they cannot maintain the trading volume resulting in the project failing

Also, good you pointed out the listing issue and the indirect participation done by both exchanges and also by informative webpages like coin gecko or Coinmarkedcap. In case of exchanges, I believe they are supposed to pay more attention to the coins being listed and have a dedicated team for them to enquiry on the team, functionality and case use of any coin they may consider to list. Coingecko and CMC do not need to do as much as due diligence as exchanges, because of obvious reasons.
Getting listed anywhere is the equivalent of good advertisement for scams, they know those newbies are the fraction of the crypto community with more chances to buy whatever and never wonder the legitimacy of it.

Even though it would be the easiest patch, we must not completely lose faith on the crypto community and ecosystem, there are as many positive things as negative ones.

You are absolutely right. 99% of those coins are either scam or just built to make money via pump and dump schemes.. if you start looking for legit projects you'll hardly find 5% of them legit with good business models.

Yes but this can only apply to Good altcoins. not every altcoin serve any benefit to investors, Bad altcoins cause big loses to investors, I think those are the reasons why begginers getting disapointed at general cryptocurrency industry and calling it scam some time. because they end up loosing money in some shit coin like that.

of course because only the best and most of the projects created in crypto are created just to make a profit/cheat and so on, so a small percentage that survive actually create useful projects.
I remember several projects that I participated in at the beginning of 2018 and all of them no longer exist today.

In this case I simply said that I agree that a lot of projects are dead but they are those projects which are week and those who are not a good plan in future otherwise a strong project and hard work projects are survive and it's can't dead some project stolen the people money so they act like they are dead .

This is expected. Projects are launching recently; 98% just intend to raise funds and scam. They don't intend to build real utility; they will show us bogus dreams and scam us. Some projects may be added to the centralised exchange, but that doesn't mean they are solid. There is another intention: just pump the token price and sell their bags. However, I learned from my past mistakes and decided not to invest in brand-new tokens and shitcoins. They come here to fill their bags. Nothing for investors.

Such a low number makes more sense when it's only listed coins/tokens in coingecko and those are the requirements. And not all the launched projects, because that would be over 99%. But the fact is that most of them are zombie coins, more dead then alive, and volume on them are just bots or random speculators moving them. Sometimes it's part of money laundering by shady exchanges. Some times even dad coins can pump. And since it's for no volume at all for 30 days, it covers lot of dead coins as many of even dead coins have daily small transactions. That wouldn't mean the token would be alive.

I recall this one time when i send pov coins of a hyped project for coinswap from exchange, and i got the tokens for sending it. But the chain wasn't really being mined anymore and coins were stuck before without confirmation and they got back to my wallet. So i got both, coins meant for burning address and the tokens.

This coin was declared dead as devs had abandoned it and started new one. So imagine my surprise when it had value because bots were playing it in yobit. I crashed the price but got myself a nice amount of btc. As it was almost only trading pair back in time for most of the coins.

I've encounter crypto projects, most of them don't succeed because their foundation is completely build on hype and they don't have good running liquidity to meet up in the bear season. Money is liquidity, the earlier we realized that, the better for everyone of us. We face our hustle and take them seriously because we're nothing without earning massively from the activities we focused most of our time. More than 50% of cryptocurrencies projects have failed because new ones are inaugurated into the system, and desperate investors have no single patience than jumping into investing in everything they find.

Those coins were only generated by scammers . They come to steal some money then they will left the token alone and it's dead. This kind of trick has been happening for a few years and it has not yet stopped till this time. This is the disadvantage from the free dome.
There was no control over the token issuance and scammers were seeng as an opportunity toe scam others. This is the problem that will never end since crypto was about freedom and it makes the situation becomes even more difficult for the people to verify which token that was real and which is not. People must be aware if there are thousands of shit scam tokens in the market.

Since most of these projects started in 2021 which was during the last bull run, I am assuming most of them were meme coins as meme coins were trending after the Dodge coin got the hype from Elon Musk. A lot of new meme coins were released and most of them were meant to scam investors. Next bull run whatever project gets the hype we will notice scammers coming up with a replica of that project to cashout the hype.

Well, 50% is still a lot, lol. And we don't know how many coins will die that were created just recently or even a year or two ago.

The number of tokens that have died might even be more this.
There are so many projects out there that lack direction purpose and utility. They were simply copycat, riding on the wave of other solid existing projects but were unable to keep up the pace.

There are so many that even failed before they launched.
It tells how easy it is for any one to come up and develop a token.

10 years have passed with the twists and turns of altcoins and their scenarios, not surprised by the decline of that many coins and even the last 1 year there have been several projects that I have followed withering and maybe still delaying to develop: -\ there is no guarantee even though it has entered coin trackers like the web because developers can get difficulties and collapse when seusadh is registered, and end up dragging even though it has entered dex or cex which is not very famous, the price seems to be stuck and plummeted for so long, for me if altcoin is like that it is just like a project that is not worth expecting anymore even though the most appropriate solution is hodl even though the potential for regular profit may be a small hope even to return capital just waiting for a miracle to come, altcoin many newcomers don't even need to be afraid because with the success of some altcoins will cover losses and profit X2 even more than capital.

I don't regret what altcoins I bought in the past or today even though they had a bad luck, because there are still many other altcoins that can give me profits until now, maybe dead coins can be displayed because of past experiences that I remember and that is the residual dregs of profit, the benefit is that in action I can identify altcoins that will be productive or will become fictitious even though they are not very accurate in each different altcoin project.

From the past experience we had in cryptocurrency in the past, this  should make us to know the type of project we need to engage our self with.  Their are lots of projects in the market that one needs to be watchful to see if it is worth investing. Scammers are just coming with scam project that won't last long. It is better people should invest their money well known project that are reliable,  instead of going for new projects that can end up at anytime in the market.

People who are always looking for ways to earn money often keep an eye on every financial market and worldwide trend so that they can make use of opportunities to hoard some funds. The cryptocurrency market is no exception when it comes to this, so when there are bull runs, such people do their best to earn as much money as possible, and creating fake projects, tokens, and coins is the easiest way for them because all they need to know is market them to vulnerable investors.

New investors in the cryptocurrency market often get trapped by such projects because they promise high returns and those who are new in crypto usually think that it's easy to earn a lot of money from this industry which is why they believe if a project tells them that they will earn a lot of money if they invest with them, and once the bull run is over and they've got their money, they abandon the projects and run away.

I am surprised that there are so few of them. I would say 99% of all cryptocoins have no added value and are just copies of other projects to make a quick buck. Accordingly, they are only there for speculation. This works as long as there are interested parties and cheap money. After the collapse of Bitcoin in 2020/2021, an extremely large amount of money flowed out of cryptos, leading to the collapse of many such unnecessary projects. After money flowed back into the system (at the end of 2022 and 2023), the number of abandoned projects fell again. This is a clearly visible pattern.

That's a lot of numbers but these are the only ones who where listed and then failed but there are still a lot of project which ran away with investor's money they are not counted here. This also shows that apart from Bitcoin it's not wise to hodl any other coins because what if they fall into the category of these failed coins. This also shows that we cannot randomly choose altcoins as the ratio between active and failed coins doesn't look good and top of that there are active project who have not been able to recover for years and XRP is an classic example.

This is the fate of most of the altcoin that exist on the market. Time is running fast and technological development is going on at a fast pace so a bright star today ends up being eaten up by a new start tomorrow. Every cycle we saw projects that lost their cause with their competitors. ETH is still number one in its category because of its continued upgrades and adaptive nature which is industry-friendly. They identify upcoming concerns and keep upgrading their blockchain with them. A project needs to be adaptive to survive in this wild area of technology.

The truth is bitter they say but if we are to be pop and plain about some altcoins project, they don't need to ever be in existence. The smart people are quick to smell them when they are scam from far but more than half of people that joined crypto today are new people and they so cherish this new project, this is why scams doesn't go down as we expected. Some projects team needs to be arrested from seeing their white paper but we want decentralization didn't we? This is what we get because nobody access them until the scam has been done before they start hunting them.

Defi was among word that successfully penetrated into the heart of many in the last bullrun. If you should check the coingecko Defi page, you will be surprised how worthless some of them has turned, some doesn't have volume, many abandoned without liquidity, no building as they promised and if I'm very sure that before the launch of this projects, heavenly promises on earth were said to the investors.

I hope that people that were here in the last bullrun are still here, some of these coins might come back and if they do, sell all of them and never look back again and if you must look for another opportunity in this new coming bullrun, please use 3 eyes instead of your 2 eyes. I mean you should do a proper research and thorough check on the team as well.

I would think a lot more were in the 2014 range when the altcoin boom really came in. Coin after coin after coin most of which are gone.

https://www.coinopsy.com/dead-coins
https://99bitcoins.com/deadcoins/

No list is entirely accurate. And there are probably quite a few that are on 'life support' Not traded, not being updated, but still have a few active nodes and miners.
I can think of a couple that fall into that category that are listed as dead. Zombie coins might be a better term.

-Dave

It's possible that all quantity of a product is in good quality. Take all 21 million supply of BTC for example. It's just that there are lots of bad-quality projects created on this space. Some might be good at the start but it only turned bad later on for some reasons. Why will the beginners turn away from the altcoins (all of them), when they can just do it on the bad quality ones? And in fact, beginners usually kick start their journey in the altcoins.

And it does not matter for them if the altcoin has a bad or good quality. Investors usually care about the profit, so it's still useless even if we say that an altcoin has lots of benefits or use cases. And by the way, ETH is also an altcoin. The reason why many seem to care about those newly released projects is because of the potential profit that entails with them.

It's indeed a stark reality that a significant number of cryptocurrencies have faced challenges and eventually faded away. The crypto space is dynamic, and various factors contribute to the success or failure of a project. The statistics you provided highlight the volatility and risks associated with the industry.

It's crucial for investors and enthusiasts to conduct thorough research before engaging with any cryptocurrency project, considering factors like the team's credibility, project fundamentals, and market trends.

The mention of 50% being labeled as scams or unsuccessful projects underscores the importance of due diligence in navigating the crypto landscape. This information serves as a reminder for individuals to exercise caution and make informed decisions when participating in the crypto market.

During the period of bull run in the cryptocurrency world, some individuals take advantage of the enthusiasm to launch projects with the intention of scamming people. This is because they recognize that the bull run attracts numerous new investors eager to explore the crypto space. It's important to be aware that many projects may surface during this time, and some might be misleading.

What some people might not know is that the same people may be behind many projects, putting different plans into motion. These people frequently transfer their funds across projects, starting multiple projects and inflating their valuations by pumping and dumping.This entails boosting a project's value artificially and then quickly selling off their holdings, which causes the project's value to fall.

In such situations, it becomes crucial for anyone considering investing in new projects to exercise caution. Without careful scrutiny, there is a risk of unintentionally investing in a project that may turn out to be fraudulent or unsustainable. Therefore, it's essential to conduct thorough research and be vigilant to avoid falling victim to scams during the bull run or even witnessing the demise of a project before the next bull run.

However that number also tells us a lot about the ability scammers have to deceive investors, because even if were to assume there are many people that invest in an altcoin just because of a post they saw in social media, I am sure there are many investors that actually take the time to study the assets in which they want to invest.

And yet a great deal of the coins in the market are scams, to me this implies that even those investors are getting deceived, and if that is the case then this should be a warning signal for investors that they need to do a way better job or stop investing in altcoins.

Projects that have their own blockchain are more attractive to me for investing, because most of them have an ecosystem, even if the ecosystem is good or less, this has more long-term projects. New projects are mostly just chasing the hype of the bull season coming to take advantage and most of that happens. then stop for a while or forever. Innovative projects do need development to be interesting

That's why in my opinion, a specific policy should be made to keep these cryptocurrencies alive. By doing this, ordinary investors who are there will have many benefits and will be saved from financial losses.

I believe with most coins have been died their owner created new coins again although with the previous coins have been died or scam, its bad reputation with the owner easily created new coin after their coins project before have been scam. Many cases with some altcoin scams from not trusted investor, delist on exchange and some coins faced trouble with SEC Commission such as my Centra coins have been died until right now.
Some altcoin have been died dominance with shitcoin, easily for scam although any altcoin have been listed on top exchange market but can't make stable with transaction daily volume before rule of exchange have delist.
Investor have most important effort for the future never invest with new altcoin without have good reputation with their owner, if investor more careful investing in new coins seems difficult have coins will be scam in the future.

It was said over 50% which possibly means that might only we have 10% of successful projects on the crypto market. This means also that the quality of the new projects is getting low and more chance that they will just be ignored and fail their plans due to no market support. And in the next couple of years, only Bitcoin and Ethereum remain alive and working.

We are not hoping for that for sure but it was useless and shameless to the community if we have a lot of cryptocurrencies but have no useful contribution to the market.

Others were just fake to the point they had the worst idea of all time, I remember when I was enthusiastic to do bounty campaigns back then, some had linked their projects to Parrots or Pigs, that's just how they belittle the opportunity they have or they just don't know what they were about to do when promoting such kind of responsibility. None of those kinds of projects has succeeded even the Greenplanet project which was created to preserve and protect trees all over the world. At the end of the day, those who have honest developers who are willing to sacrifice their money and time to improve their projects remain today.

but then, Truth is that launching a project isn’t easy at all. You’d know this if you’ve scouted for people to join your team. You’ll have to find CTO, CMO, etc. You’ll need money to promote the project too. You’ll have to hire a developer who could scam you. In fact some projects get scammed by their own developers because developers have the upper hand and can control anything to the direction they want. 

That’s the risk we all take when we invest in crypto. It’s no different to the old Wall St tactic of buying penny stocks. Most of them fail but if you hit a good one you will make a lot of money. I still advise you to mostly buy Bitcoin & ETH but allocating a small % to long shot cheap altcoins can be a good idea.

I think that's too few, at least there must be more than 80% of coins that will die, because only a few will survive.
and most new projects will just make the same mistakes, as the ones already done.
create a new project promoting, then the fomo ends and the project dies.

The most interesting thing is that at this point in time, I come to the conclusion that Bitcoin and Ethereum are the main whales in which it is best for a beginner to invest. Four years ago, I invested in several ICOs that are just scam, which makes me very sad. If I kept my money in Ethereum and didn't buy anything, I would be happy. In general, the industry has become very similar to pyramids or SCAM projects, it is faster to raise money to list on exchanges and then come what may.

That is a good point bro. these shitcoins should not be considered for long term holding or serious investment. but only for short term and only when there is a chance you see that you know you would make a profit. i would not blindly put any money in shit tokens in hope of earning profit without knowing anything.  I mean we could loose even if we do proper due diligance. but still I would not invest anything anywhere without due diligance.
and that's what everyone should do, and even after doing that invest as much as you can afford to loose. no more than that.

It cannot be denied that in the crypto market there are a lot of coins that are useless or dead coins, this is because these coins do not have a very good contribution to the market so gradually these coins fail to compete with other coins, that's why we  You have to be careful in choosing coins to invest in, I think the coins that are in the top 10 CMC are the right choice to make long or short term investments.

The impact that brought coins to death was that most of the meme coin categories were during the hype period, thousands of meme coins created by scammers have become trash until now. for projects that have the concept of movement in their respective fields they can come back to life when the bull season comes soon. When bear season comes, most will lose innovations that haven't made a big impact. the founders waited for the bulls

Most of the project dies due to less demand of holders but some of them dies because they are created scam which will just collect money from users and will not provide any profit to its holders. From the year of origination of crypto there are large number of coins that did not give any profit to its costumers and died after passing through a single bear season.

Some projects are also successful because of their trend in market so when it ends such coin become disappear with little value. But still we have to take this risk because if we are not ready to take risk then our achievement will be doubtful but be careful and do a thorough research first.

This is normal because thousands of coins have entered the crypto market in the past few years so many old coins are now dead. Investors always buy the best tokens and they are more excited for profit so new projects come to the market offering something profitable so selling old tokens makes everyone more interested in buying new tokens.

It is good when we understand that all projects can not survive in the market. We need to go for the ones we feel like they would make us good profits in the market and staying too long after when we have gotten some reasonable prodits would never give us a good end if we have that kind of habits. There are some projects that are always ready to launch and after that, they would never stay too long in the market. All investment has there own risk to take.

I agree with what you said. If you are a beginner and don't have time don't try to buy altcoins or even join the initial offers. I see what makes people tempted to invest in altcoins is because of the hope of getting big returns. This is a mistake that many novice investors make and I hope they read this before they start investing.

short term investors are riding the pump in the bull market. some are buying the altcoins because the price is rising so it's easier to make money at that time as what they said. altcoins that are launched in the bull market are likely going to die in the bear market while the coins launched in the bear market can possibly make it to the next bull run.

50% turned out to be scams so why is the SEC not chasing those teams by the way? if what they want is to protect investors.

The high profits they could get are not the only reason many people are attracted to those altcoins, other powerful reasons why they choose those coins is the potential to make that money really fast and to do this with almost not effort on their part.

After all even if they know that investing in bitcoin can give them great profits as well, now in order to get the profits they are looking for they will need to hold their bitcoin for years, if not a whole decade, and very few people are willing to wait that long to get the results they want, and as such they prefer to invest in altcoins and hope for the best, instead of taking the safest route offered by bitcoin.

There are so many projects that cannot survive in this market. There are many things that determine whether a project can survive or not, and I think there are also many projects that are not able to survive these things. Among the tens of thousands of coins there are certainly many projects that were once very good. However, because there was no innovation and development, they eventually ended up going bankrupt. some of them may fall due to greed, corruption, fraud, and others.
However, there are many aspects that need to be considered to run a project. Apart from that, the coins that have survived so far also need to adapt, innovate, and continue to strive to develop the projects they are working on. Perhaps, currently there are still many projects that are on the verge of bankruptcy.

And that will be the greedy side of those people , in which the main target of those scammers , to make noob people believe that they are promising and they are giving them opportunity to make huge return that in the end? they are crying for help  being scammed.

never engage in any profiteering that you don't have full understanding because those scammers and cheaters are just waiting for you to take their bait.

very sad, yes that's how it is if there is too much hype, people will make scam coins, surely the majority of dead coins here are meme coins

Another reason for this is that investor confidence has decreased as the number of scam schemes has increased over the past few years and investors have lost a lot of money. You may have seen a lot of project success during ico and after that when ieo entered the market the ico trend ended. The exchange listing from ieo was absolutely certain due to which the ico failed. However, it is expected that this year the situation in the crypto market will improve and the best projects will be available.

Oh, you are very correct maybe 90% or so. There are so many project in the Crypto world that are there just to entain the dev and take money from investors. Once understand this, we are going to be very smart about every of our decisions to invest in n cryptocurrency.
We want to make money but we are not ready to do research and learn how and why many projects fails. Once we understand the way many of these projects are launched and the reason for that, we are going to be  smart.

I also believe that there are SO MANY projects which are done in a way that they weren't designed to exist anyway, they were designed to just let it be and that is why they fail. They do not care about surviving, the point of the dev who created it was just to get funding and be rich, and after they do, rest do not matter to them at all.

I think that could be the most important part, and I realize that there are some who really try and still fail, but majority of the coins and tokens created were created just so the dev could make some money. At the end of the day, life is not all black and white, so we end up with bad people and some good people but also some people who are neither bad or good, just fails because in life sometimes you simply fail.

Indeed, because this is nothing new and there are indeed a lot of altcoins that end up being dead coins, many of them were even shot coins at the start, but with the help of hype conditions, they eventually skyrocketed to such an extent that they became a topic of conversation. But in the end, they will also fail because the fundamentals and various other factors are not very supportive and convincing for them to develop and continue to survive in the market. Because of that, you really need to be careful when taking investment steps in coins like that. And it is indeed much better to increase accumulation in Bitcoin and various other coins which make it possible to top coins with a high cap market.

The number of project organisations is extraordinary, and most of these projects are fraudulent. I agree; this is what ultimately makes many investors restrain themselves and select correctly so as not to be deceived. so that many new projects emerge, no investors want to join, so they stop midway.Surprisingly, there is no feeling of regret for every project that is launched; if one fails, one will create a new project again and hope that someone will be deceived and he can get the results from the fraud.I hope that the hopes you express will become everyone's hopes that crypto will improve and many good projects will emerge.

Thanks for giving this reference OP. It's a great thing to ponder about and it just shows how much a lot of people have rode the hype and probably made a plan to create something that hopefully would stick. It's just that all around the world, the ones that would stay are the ones who have a lot of backing and maybe the most unique way. I do hope that there will be a way to determine what cryptocurrency will stay.

It's important to note as well that a coin could have failed but it might not be a scam it is still important to be vigilant

TBH, I thought that the percentage might be higher, but that's still a lot. Not every coin that died is a scam, that's for sure, but in the end, it doesn't really matter.

I think at the rate that we are seeing or the number of negative outcomes of different cryptocurrency projects that surround us, here in the forum, it's likely become anchored to that because of the part where we see so much here that didn't work versus that worked. It can be higher too with all the negativity and possible scams that are happening around us.

I felt bad for us blockchain infrastructure engineers in 2014 with hundred of nodes

RIP engineers of 2021

Many cryptocurrencies are available in the market for scamming users. They often run multiple presale events and, once they receive investments, they disappear with people's money. Then, they start a new project under a different name to scam again. These actions are unfair to crypto users.

That's a big number and big losses for many investors and there are still many projects doing ICO, some of these are trending and hype coins we can hardly find projects that are as good as Ethereum or projects that have a purpose and usability, they are copy cat projects, for a developer its hard to be a successful now because of the competition and the lack of interests from investors, gone are the days when you can just clone Bitcoin and investors will come running and invest in your project.

We can safely conclude that the numbers are even higher than that for two reasons, to begin with, this only considers the coins that have already died, but it is safe to say that more coins of those that are still alive will disappear during the upcoming years as they are replaced by new projects.

And second, those are only the coins listed on CoinGecko, so all the coins that were not listed there are not being taken into consideration, and it is safe to assume that if a coin could not even get listed there then its quality was quite inferior to the coins which could get listed and it should have disappeared already.

If you are investing in altcoin, it’s better to look for the once that have been in the market for long time, if you think you can make crazy amount of money from new projects, then you have to be prepared to be scammed, because most of the new projects entering the market are created by scammers, and some that are real might get low turnout due to most people being scared of being scammed or lack of proper marketing, but I will say investing in bitcoin is far better than investing in both old and new altcoins, because they can fail us, just that the rate at which new altcoins fail is just more than the altcoins that have been long in cryptocurrency space.

Maybe after this there will be an increase in dead projects because ahead of bullish 2024 there will be many new projects released and it is very possible that investors in old projects will switch to investing in new projects. or another possibility is that many new projects become dead projects because they fail to gain popularity and cannot compete with old projects.

I find it normal incident to happen since once there's speculated bull run to come, there's a lot of scam devs came alive again and try to create scam tokens to deceive people. That's why we can see a lot of them just came out of nowhere. Right now we can see a lot of meme coins exist so provably they are the one who will add up to died token list that's why we need to be cautious and careful regarding on investing on this token since a high chance for us to lose since the dev it self will do a rug pull scheme so if we are not around for sure we are candidate to became their bag holders.

Its better to be cautious and much better for us to grab those coins or tokens that already prove something and we should take extra precaution on acquiring shitcoins so that we will be safe for anything and our investments will be in good state.

Such kinds of cryptocurrencies do not have any practical use, that is why they failed. Cryptocurrency must have any practical use.

I was surprised to see the data that OP made, I didn't expect it to be that much before I thought the scam project was not so booming.
Seeing this @Rehan Zakir it's sad that something like this happened, I think this is a very extraordinary level of marketing but there are parties who are disadvantaged as you said, still better those who enliven it in a free way, such as participating in airdrops and the like, but the worst thing is that they invest and get stuck and can't even be resold and even die like OP posts reported.
To be honest, I have participated and even experienced similar things where their coins die and are very detrimental to many parties. But from that experience I learned that most of them are the same people with different names. Therefore now I am more careful in choosing new coins even though they look very potential in a profit, we better stay away from them than regret it later.
For me now, I only follow those who have guaranteed quality.

There are some or maybe most of the token founders who just want to make a profit and steal as much money as possible from investors. Some founders don't have long-term targets. They are the same as a Ponzi project in that they only want to deal in their tokens when the market still provides a reasonable price. That's why I think the old tokens that are able to survive are those that really have the ambition to become leaders in the crypto market with the various innovations they have made.

maybe that's what was recorded on coingecko, not outside of cmc and coingecko, I think the number exceeds that, the meme token hype was really huge a few years ago, especially on the bnb network, maybe every second a project appears where it's not clear who the developer is, who the team is. behind, WP, they don't even have a website, with a 99% chance of being a scam. That's why it is very important to analyze before entering a project so as not to fall into this 50% scam. Or if you want to be safe, just look at the top 20 CMC, I think they are the safest.

I agree, at least 90%+ of them died, the reality is that we are just talking about the ones with some name and some cap, there are so many that died right after they released as well, they just got the funding and left, which is why it is not really all that much of a big deal.

I get that people may overreact to it, but the reality is that we are not going to end up seeing any big number with the sustained ones, it is so easy to make a token and this is why many people try to start their own and get rich for it, and fail. It's such an easy thought to say "maybe we should start a new token, people will fund us, and we will be rich!" it takes 10 minutes to create a token, so it is not really something that would not be all that easy.

The development in cryptocurrencies where developers can use the network of other coins to create tokens has resulted in many projects appearing because the manufacturing costs are easier and although they have roadmaps and whitepapers, most of them are just copies of existing projects and many of these projects have no use case so they are only created to cheat.
Investors remain interested because they also see the opportunity to make quick and big profits.
50% is a very large amount and if the consideration is how the coin/token has experienced a price decline then the percentage will be much higher because we see that many coins have fallen by 99% in price and it is impossible for them to rise to their initial price so this can be said to be a dead coin and a failed project.

The world is filled with tokens, this forum if you check the altcoin section is filled with altcoins that are dead, it's basically a graveyard of tokens. The only thing that could help everyone here is the fact that we would not be really doing anything that would be acceptable for the long term if we invest into something small, and yet could make some return if we could end up with short term trading.

If you buy something that looks too dangerous then it may still make you money within a week, we have no proof of that but it also doesn't mean that it won't happen neither, that is why it is so important. We need to be careful about it no matter what. Short term traders, even launchpad investors, could make money from anything.

https://www.publish0x.com/bitbollo-cryptocurrencies-blog/a-depth-analysis-of-bitcointalkorg-speculation-thread-the-ne-xjmjlgd
https://www.publish0x.com/bitbollo-cryptocurrencies-blog/a-depth-analysis-of-bitcointalkorg-speculation-thread-the-ne-xpnnjwq

I wrote an article on this topic a few years ago
(taking as an example the period of the most suggested ICOs in 2017 here on the forum, visit the article for the various details).

TOTAL PREDICTIONS =834
TOTAL Negative PREDICTIONS =469
TOTAL DEAD PREDICTIONS =77
TOTAL Positive PREDICTIONS =110
TOTAL Not Listed = 8

in the last 3 years I am sure that the number has grown (negative/not listed/ dead) as at the same time many of these cryptocurrencies have such a minimal valuation as to be practically zero (no markets available, there are no buyers etc).

There are so many dead coins because not all the coins will be able to survive during the fall of the market. That is why there are so many dead coins.

The cryptocurrency market has seen a proliferation of projects over the years.  But a significant portion of them have fallen.  Based on various analyzes and opinions it is known that more than 50% of cryptocurrencies can be classified as dead coins.  Which means they are no longer actively traded or maintained.  The volatility and speculative nature of the cryptocurrency space has contributed to the demise of many projects.  So do your own research before investing in digital assets.

Perhaps this percentage has increased now.

According to the article you mentioned and the statistics and data. Although it is unpleasant information for those interested in altcoins, it will be a deterrent for them not to invest in new altcoins, especially meme coins, and not to invest in any project randomly without reviewing the project details and what it offers to the industry and conducting the necessary research.

What I see is that since 2014 until now, many altcoins have disappeared; some turned out to be scams, their teams abandoned some for reasons that led to their failure, and some died due to market conditions and investors' lack of interest in the project's token and the lack of sufficient liquidity to finance and develop the token project. Can you calculate investors' financial losses in these dead/failed tokens now? This lesson makes any investor highlight the top altcoins in the market and monitor the token team's movements and new updates. This will be a safer solution than the unknown tokens that are listed for free on Coingecko and that only make false promises to investors.

Actually, we want to call 99% of them dead or scam coins, but official statistics tell us that only 50% of them are dead. :) Altcoins are a bit of a risky area. Before investing in altcoins, it is necessary to make some examinations and evaluations. As the market is still in its infancy and scammers have a voracious appetite, inexperienced investors have to travel through a minefield. I tell everyone around me who asks me for advice that this is a very good market, but it is also a very risky market.

It is what it is though, that is the nature of cryptocurrencies.

If you don't get the support, then literally your coins are going to be dead. If devs abandoned it, then the same case.

If you are one of those that faces stiff penalties or even sued by regulators like SEC then your project will be dead. So there's a lot of reasons to, but the thing is, if there will be one dead coins, a hundred could sprout out and test their luck in this space, so it's going to be cyclical.

During the days of 2016, it was possible to see every project turn out to be successful, unlike the product of the project. By then, there was not much cryptocurrency, and more giveaways were taking place. Slowly, the market began to be complex, and competence started to increase with more and more projects existing effectively. This is where the successful ones started to stay alive and the rest started to fall off. Coins that were in good position during the year 2016 were nowhere in the market.

Uncounted Numbers of dead altcoins are still my wallet with no value. I bought these altcoins from market and many was from bounty token. OP your graph shows a lots of altcoins scam in 2020 and 2021 cause scammers Target bull run session to attract investors. But your graph shows only 1450 total in 2017 and 2018 . But in reality, that time Project run ICOs where most of altcoins were scam without going on exchange. And 2021 graph shows lots of altcoins cause that time IEO came and altcoins had to get listed on exchangea for their sales. So more than 70 altcoins failed in my opinion

They have summarized cryptocurrency data that almost half or 50% of projects and tokens that have entered their radar have failed, this is no longer a small number of incidents that we should be concerned about. Events that have clearly failed will have a bad impact on the outlook for cryptocurrency and it is even very difficult for new participants to want to start. dabbling in the crypto world of the future.
That's not to mention those that are not on their list, but in the future, if there is a recap of the data, failures will still happen a lot.

Yeah, that's so true because thousands of coins are listed on the Coinmarketcap or Coingecko but i think top 100-500 coins still surviving on the market others most of the coins seems dead, because there are many coins are getting listed on the market then the old coins lost their position. But pre sale era ended back in 2017. Now people's will never make a investment without research, especially now no one will put money in the unknown project.

Altcoin remain a very risky market and that is why it's not advisable to invest all capital on altcoin. Altcoin may make you rich or poor within a second. The most annoying part is how easy people can be gotten scammed with altcoin.

That is why it is important for one to be sure of money that is invested in cryptocurrency,  their are lots of cryptocurrency coming out , the developers are not ready to come up with a valuable project.  Because of the number of cryptocurrency that has failed for sometime now it is better for people to go for rop project that is reliable and valuable than investing in this new cryptocurrency that one can't really tell if it will last in the market.

Unfortunately, it cannot be controlled because it is like bubbles that constantly appear and disappear. Personally, I believe that the real numbers are greater than those mentioned in the analyzes in OP because the current number of projects listed on Coingecko includes SCAM projects whose failure has not yet been revealed.

This raises the issue of the conditions that platforms impose on projects to list their currencies on them. All scam projects would not have succeeded in scamming users' money if they had not found trading platforms that would accept their listing.

Over 50%?!?!  I'd say more like 99.9% of crypto has not only failed but has never even started as a legit project.  There are thousands of coins people don't even know about and only a handful that can be seen as successful.  It's really easy to create coins so there is no reason scammers would stop now.  If one fails then they can just create another.  Crypto alts is a landfil of garbage to sift through.

I agree sir, @Rehan Zakir revealed that the fraud that occurred because after the initial seller did not enter the exchange so that the money spent had not returned capital, with the excuse of waiting for the roadmap to run, :D but I realize that the developer does not force and only offers even though the benefits offered in multiplying the value of the token.

@mdzahed134 that's right sir, you mentioned that the life of the coin after listing and indeed the price tracker is useful, there is no guarantee that a coin will survive even after listing, because many transactions occur from communities that need each other including coins that are needed for airdrop hunting and accidentally glance at the broad market share.

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I usually monitor the project's twitter for further impressions, because nowadays there are many big devs that are supported by certain cexes or certain chains, that's where I just started looking, there are also many new projects that hold events even without presale, of course it's free ;D, and when entering in cmc or coin gecko etc. other than price reputation order 1-50 I sell (if it is already listed on the exchange) when the price is high, I consider it capital for scalping when the price is bearish.

Huge numbers. 7,530 cryptocurrencies launched in 2021, were scam  Cause 2021 was the year of bull run. Many people joined Crypto market for bull run as if they could make some profit! And scammers also took advantage and promote their fake and shitcoins among people as if those would make people rich but after end of bull run, they scammed and run away. I believe such thing will happen again in 2024 as bull is excepted in this years. So need to careful

Another quick piece of advice for some:
Dead is already dead.

We must not look forward anymore on the dead coins, we must learn to move on and cut the losses and try again because if you don't cut losses, you will lose the opportunity to make profits on other projects.

Honestly, these figures are a bit scary.  It really makes you realize how brutal the crypto market can be. Seeing over half of all listed cryptocurrencies classified as 'dead' is a real wake-up call. Especially considering the surge of projects launched during the 2020-2021 bull run, it seems many may have been rushed out without a clear plan for long-term success.

This is a crucial reminder for all of us to be extra cautious before investing in any new crypto. Definitely don't let the hype cloud your judgment! Do your due diligence - research the team, the technology, the tokenomics, and the community. Otherwise, you might just be throwing your money into the next 'dead' coin.

there are additional factors contributing to the failure of many cryptocurrencies:

1. Bad Publicity: Negative news can damage investor confidence and lead to a coin's decline.
2. Scams: Many cryptocurrencies have been revealed as scams, leading to a loss of trust and investment.
3. Unclear Future: Projects that don't provide a clear roadmap or vision often fail to retain investor interest.
4. Problematic Developers: The reputation and reliability of the team behind a cryptocurrency play a crucial role in its success or failure.

These issues, combined with the ones previously mentioned, paint a complex picture of the challenges within the cryptocurrency market.

Projects that eventually die or are scams take advantage of the moment that occurs in the bull market to attract more investors to become victims.
I don't know what everyone feels, but maybe the situation where there are quite a lot of new projects at a time when ICOs are very popular is the most difficult time when you see the community and market finally filled with talk of scam projects.
I don't know if that will happen this year when there is quite a lot of Bitcoin-related buzz in the community.

Investing in any other coins other than Bitcoin is completely more risky and any individual venturing into it should have considered the risk involvement before venturing into it the reason why it's always advisable to invest only what you can afford to loss Incase things goes on the bad way, but the truth is that many has gone far as investing more than what they can afford to lose some even go to the extend of borrowing money to invest in shitcoins which is very wrong approach.

14k of 24k is more than 50% whatever thats a huge numbers to count. And scammers took advantage of bull run in 2021 cause they knew that, a huge investor would come because of bull run and a huge amount of money was going to include in market and here is the point, why more than 7,530 fake cryptocurrencies listed in coingecko. Btw still a huge altcoins are being traded with so called volume which are also scam. And we can't imagine about those project which were sold out in ico but never listed on coingecko or any exchange

Actually, in this case I think of a wild situation where many who create coins are only hype and they don't expect much support because the creation of coins or tokens is only temporary and only for momentary benefits.

We can see throughout the crypto hype when covid alone a lot of hype tokens or meme coins were created only temporarily such as when AI tokens arrived or play to earn game tokens and several hoax projects such as squid games and others were created only because of the hype that occurred.
So it is quite natural that many projects die because the developers who create the coin or project are not really serious about developing it because what is targeted from the beginning is temporary profit so they don't really care about the sustainability of their project for the longer term.

Every cycle, there are also more scammers coming in to this market trying to fetch the newbies. It's always the same and we have cycles, so do they have too. Too many cryptocurrencies already and there's gotta be more when the bull run is visible and can be felt by the majority of us.
Start out with the memecoins and also the projects that have not showed any sign yet of rug pull, the term will be used again for sure.

This data shows that most of the scams, pump and dump projects are mostly coming into the market during the bull run period. It is also worth knowing that one should be on the watch out during bull run to avoid investing in such projects that won’t last and make you invest heavily in them and lose all of your money in short term. The bull run period we are heading into is a very delicate period in the crypto world where a lot of new projects are lunch to target newbies and investors who are willing to make quick profits by taking risks that are not calculated. It is important to be wary of that and take necessary precautions before investing in any project at bull run season.

This data shows that most of the scams, pump and dump projects are mostly coming into the market during the bull run period. It is also worth knowing that one should be on the watch out during bull run to avoid investing in such projects that won’t last and make you invest heavily in them and lose all of your money in short term. The bull run period we are heading into is a very delicate period in the crypto world where a lot of new projects are lunch to target newbies and investors who are willing to make quick profits by taking risks that are not calculated. It is important to be wary of that and take necessary precautions before investing in any project at bull run season.
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As long as they getting decent money from their evil activities in the crypto industry, they won't cease to find new ways to fool new investors and when they find out that a new trend is ongoing, they quickly manage to create their own so it will be hard for us to know which new coins are good to invest our money with because mostly like 45 out of 50 are scam projects and only 5 that will gonna survive and will also facing harsh conditions since they will deal with tight competitors and continues development to make their project prosper and only 1 of them survive to the crypto market if they got lucky, this is based only on my personal experience the rest might have lower rates compared to me.

There is still a lot of development regarding crypto, many beginners enter without learning the basics of crypto and cryptocurrencies which makes them useless. This shows the various reasons they fall and starting again is very difficult, even though they are interested in crypto projects and investing in them, it is surprising that there are so many bad projects on the market. This probability of getting in difficult to attract these people from 50% percent may be more than that estimate.

That is only the number reported and it was just from CoinGecko but we suspect more unreported failed projects and more are coming. The data is quite bothering as this will affect the reputation of the entire crypto market and people will be in doubt and think that even Bitcoin and Ethereum as scams. We never know that 10 years from now, only 1% left legit and can be trusted.

Developers will have to stop creating projects as we don't need a lot of cryptocurrencies because what we need is a project that is usable and sustainable. Unfortunately, what we got is a bunch of shitcoins and scams which gives a reason for slow adaption and trust.

Considering 90% of crypto market's content is useless, I think the current statistics are really mild. If only 50% of altcoins have failed, it means there is another 40% under severe chances of failing as well at anytime! Investors must be careful and stick their funds only to a very select group of altcoins on this market in order to decrease the chances of putting money in altcoins which will return total loss for them on long run. Besides researching for the future predictions regards a determined altcoin, it's also important to analyze its past history, its features and potential next updates it's going to receive from developer's team.

Developers should stop creating useless tokens nobody needs, however they keep doing this to benefit themselves, as somehow they need those tokens in order to make some quick cash over greedy investors who believe developers' false promises of returning hundreds or thousands of percentage over their initial investments. Most of these projects are copies of past altcoins, since they just reproduce the exact same features.

Yeah the risk in the altcoin market is high so we should be careful. Since newbies are more at risk scammers are always finding ways to lure them in. The altcoins at the top are good for investment but here the number of meme coins is high so you have to understand the market well and move forward.

Well that is why we must only hodl some of the alt coins. We must know which of those will give us big gains and not be a scam coin or a fail.

There is alot of alt coins I did sell before they did become dead coins. I do not want to make the same of those coins but these you can not even trade now on the exchanges.