Most alts are worth Zero

[Zyborg]

The market has realized most of these coins are worth nothing and the promoters have no intention of developing the ecosystems

Yes coins which do not have anything to deliver,just hype would soon vanish.Coins which are not continuously backed by developers are worthless.So always select those coins which are having some productive/innovative feature and may contribute to community as well otherwise would crap very soon.

[1714967307]

1714967307

[spiker777]

Yep, I actually read a statistic that 80% of tokens are trading at below their ICO prices on exchanges, and that 92% of all cryptocurrencies are worth close to zero (including tokens). That doesn't bode well for the market, as it appears that the market is just becoming increasingly saturated with soon to be defunct projects. There doesn't seem to be any major filtering process that stops these projects from being pumped out on a regular basis, and so the trend will likely continue until only the top 1% of coins actually retain their value.

[p.solovey]

the history of dotcoms in 2001 is repeated. 95% of coins will not be able to realize their ideas and will be closed. Therefore, I recommend investing in large projects, for example, ethereum, neo, bitcoin

[Anarchist]

You should take a look at Zencash and then tell me it's one of the altcoin that worth zero. Because firstly it's a privacy coin and people will need more to use such coin. On the tech side, it's one of the most advanced coin out there, yes better than zcoin etc. The Zen platform is not only targetting crypto users with their others products, zenhide, zenchat, zenpub

[Dcoollakky247]

The market has realized most of these coins are worth nothing and the promoters have no intention of developing the ecosystems

I strongly agree to your point of view. Most is these coins I have in my wallet are shit coins that worth nothing or less value in the market. This is because many developers are jumping into crypto world with a view to taking advantage of investors using the bounty hunters to achieve their the aims.

[vasilvas15]

I think that too many coins are created to earn money on their sale, without any usefulness in the future. Therefore, their value is not great, or even has no value.

[QuickS22]

Yes, it is obvious that this is so. Every day projects are created which are just a scum. Because of this, crypto currency is treated with distrust

[winspiral]

Yes, it is obvious that this is so. Every day projects are created which are just a scum. Because of this, crypto currency is treated with distrust

It is why I have created a token system where you can never say it is worth ZERO.
It is worth the price the market makes.
The market will never accept that my token is worth ZERO because if it fall to low...the market will push it up...you can not go against the market.

[SutangLee]

I think this decline may be on the line of countless Altcoins. They have no value and lead to confusion in this market. But after the baptism of time, I believe that the whole market will be benign in development one day. This is my personal opinion!

[jbhjjhiufga122]

some experts predict more than 90% of the altcoin will disappear, and from last year's ICO we can see that too many projects are just a fraud, and they have only one purpose to get into the exchange.

[dkmartin]

The time passed when the coins were small and everyone believed blindly, now everyone is already smart and choose the cream of the market, although sometimes they make mistakes without it. Shitcoins and scammers do not stand still either.

[Natusik]

I think this is nothing new. It's strange that you are still surprised by this, after all, Buterin said last year that more than 90% of projects conducting ICO do not have a working idea or have no idea how to implement their project. And this means that their coins are not backed by anything of value!

[dearbesz1219]

The market has realized most of these coins are worth nothing and the promoters have no intention of developing the ecosystems

that's the fact that happened, that's why we should be wise again to invest especially for ico investment. there are a variety of new ico that only intend to mendaptakan money in a quick way. therefore, knowledge and insight are indispensable.

In ICOs and startups noone knows what will happen. Even the most promising ICO could scam people or die before they relase the product.

[irenegaming]

Most of the altcoins are overvalued coins with not many real world use cases. Many coins are even valued at more than the potential revenue they can earn in future which makes it unsustainable. Most of these coins are going to die and only a handful of alts are going to survive in the future.

[redcj7]

The market has realized most of these coins are worth nothing and the promoters have no intention of developing the ecosystems

because too many scam projects, making them all afraid to invest. when investors have spent a lot of money, but it turns out ico in follow failed. then they will run for other investments.

[vidiep100100]

Too many coins and current beliefs on unlike previous year. This may result in some projects not actually getting support. Maybe they are more interested in making new projects than developing projects that do not reach the target.

[vorseb]

Yeah I agree with that. There are many ICO and Altcoin right now. I guess this year ICO is hype but that's not make any sense. Because crypto will just full of trash coin. Also with SCAM project which make the situation gets worst.

[andor.gellenhidi]

I would say not only about altcoins, I would say about bitcoin, it's called a global bottom. The so-called bottom is really the last. But everything can change for the worse, if growth does not start now, because the situation is already so bad that investors are out of the market.

[Hendramuliadi]

I think this is a problem caused by altcoin and the current promoter, many altcoins that appear cost under 1 dollar. Then it requires special management to increase altcoin the cheap price. the solution is to build a collaboration between promoters to build altcoins that cost below $ 1, that is, by making the altcoin one, Investors can struggle to raise the price of altcoin.

[foreverlearningsure2004]

The value of many Altcoin are combination of developers work and weeks,  months and years of continuous development and community support.  It will be not be accurate to say most Altcoin are worth nothing.