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Author Topic: How many coins/tokens do you think will survive in 2021?  (Read 1058 times)
Josefjix
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January 02, 2021, 07:58:40 AM
 #21

Too many coins with basically no positive use cases, directionless, unworthy to trust and invest in. I am of the opin that  only 0.9-2.3% of the total available listed cryptocurrencies will survive the heat and demand by real and organic investors. Some altcoins like Defi projects were made to steal your held bitcoins. more and more will be minted by thousands more will be rendered worthless and delisted.

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January 02, 2021, 08:12:32 AM
 #22

I am not sure how many coins/tokens will survive because there is no further information on every exchange that will delist the coin. We already see xrp, xmr, dash, zec, and maybe more coins/tokens which will be delisted on the exchanges. If that project does not have supports anymore, then the project will not run and the coin/token will be delisted soon. We need to analyze more to find the potential coins/tokens, so we do not buy the wrong coin/token.

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January 02, 2021, 10:36:13 AM
 #23

There is a lot of altcoins and tokens and Im really sure it will some of them are really survive in this year or next fee years because honestly most of them are useless or not potential so for sure in the crypto world they will be gone fastly but if the coins are potential expect that the price will rise and the life span is very long like decades it possible to live here in cryptocurrency.
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January 02, 2021, 06:45:24 PM
Last edit: January 02, 2021, 07:10:57 PM by imstillthebest
 #24

5 airdrops per day is low and realistic but that is not the actual count of airdrop because if you scan all airdrop sites you will see new kinds and more numbers of airdrops being released day by day . 1 airdrop is equivalent to 1 coin, imagine how many coins are being created per year but most of them are going to be delisted after a long time or wont be listed on exchange .
 its a waste of money and time for those who invest and join airdrops for new projects but that is what they want .
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January 02, 2021, 07:18:33 PM
 #25

You guys underestimate the power of a bull market. Every altcoin (shitcoin or not) will pump.

I recommend to look at this graph of the Bitcoin dominance. The marked period was during a major drop in BTC price of more than 30% in the start of 2017. Right there the Bitcoin dominance started to drop like a rock and altcoins had their golden era.



Notice how the Bitcoin dominance right now is reaching the same level as late 2016/early 2017, and another drop of 30+% will happen to the price of Bitcoin and Altcoin dominance will skyrocket again.

Just wait and see for altcoin boom 2.0

Everything will pop

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January 02, 2021, 11:19:02 PM
 #26

No one literally knows the number or amount of coins/tokens that can be able to survive year 2021 for the fact that we are in a vast world of cryptocurrencies that are present within the market. Not just hundreds but thousands of them and most of us only new few of those existent cryptocurrencies because we cannot certainly cater entertaining and checking them all for we are only seeking what is accessible and what is beneficial to us. In this world of vast market in terms of crypto, any token/coin can be able to survive as long as there is a demand and volume to continue working on because even if that coin seems to be a good and promising one, as long as it is unappreciated by people, it will just die and cannot be able to continue anymore.

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January 02, 2021, 11:48:00 PM
 #27

There are also tokens that are dying because of the low demand and almost no support left anymore from its investors and mainly from the developers. The surge in the creation of token is still expected because the market is in the surge, they'll just join the defi hype.
But not that many of them will be highly appreciated by everyone and they're likely to fail than to succeed.
I think you're spot on with that assessment.  The ICO boom was unjustified in my opinion and left a trail of dead and dying tokens in its wake, tokens that never really had a useful purpose to begin with.  The boom was sustained by a bunch of scammers and lies, lies, lies; so I don't think there is going to be much interest at all in tokens in 2021.

Altcoins are a different beast altogether.  There are a lot of good ones on the market, although I haven't heard of any new and good ones in quite a while.  It's probable that the best altcoins have already been created, though I wouldn't bet the ranch on that statement.  Which ones are going to survive?  Most of them I'd say.  But that doesn't mean that most of them are going to be worth much, just that they're going to exist.  Should prove to be an interesting year.
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January 03, 2021, 01:12:39 AM
 #28

I doubt that 10% or even 20% of coins or tokens will be left.
They always find new ways to create another token even with a repeated project or feature.
It will stay. Offering more BS to the investors just to prolong the scam.  Grin

Stay with the old ones but good ones. It will be safer that way.
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January 03, 2021, 01:22:42 AM
 #29

I think that only 10% coins/tokens that would be able to survive and will be worth investing in 2021.
There are currently 2400 tokens that are known and many unknown to anyone. By the end of the year 2020, at least 100-200 new tokens will be created. Every day in the world there are 5 new airdrops. I think it is not realistic to calculate. But I'm pretty sure new tokens are being created more than they are being deleted.
But we have to buy only good market capitalization coins. Don't invest money in shit coins.
Who can tell ? there are legit and worth project but gathering no support or a little ,Because they have limited budget and struggling for Popularization .

not because the Coins are Not Moving meaning this is Worth dying ,because In future ,When Finally The crypto is being accepted by the world , Most of the project will Having a value ,because Servicing the Whole world can't sustain by the Only existing projects now.

Look How small Out community Now for those Good projects, But when time comes of adoption ?we will be multiplied by thousands or maybe Million .

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January 03, 2021, 02:45:43 AM
 #30

I think that only 10% coins/tokens that would be able to survive and will be worth investing in 2021.
There are currently 2400 tokens that are known and many unknown to anyone. By the end of the year 2020, at least 100-200 new tokens will be created. Every day in the world there are 5 new airdrops. I think it is not realistic to calculate. But I'm pretty sure new tokens are being created more than they are being deleted.
But we have to buy only good market capitalization coins. Don't invest money in shit coins.

It's not about the number or percentage.

IMO every token with real-life usage and a real team behind will not only survive but thrive in 2021 due to the enormous volume and prices. If you but your money on the next DeFi copycat, you may not be so happy about the result, but if you choose a real project, you may see good earnings.
The DEFI projects are very highly volatile coins such as YFI. whose price is near to the bitcoin price.
So, long term investment is very risky. The 10% of the total coins means that the only top market capitalizaton coins are good for long term investment for a newbie in crypto market.
But if you are a professional trader than you can also earn money through small projects.
The small coins are risky because the market manipulators can easily manipulate the price of small coins and after they take profit they start dumping and as a result these coins lose their value.

They are volatile because many people are trying to get maximum yield initially, but as most projects are just copycats, they die pretty quick.

That's why avoiding DeFi projects now unless I see a new idea or anything distinguish in it.

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January 03, 2021, 03:32:34 AM
 #31

You guys underestimate the power of a bull market. Every altcoin (shitcoin or not) will pump.

I recommend to look at this graph of the Bitcoin dominance. The marked period was during a major drop in BTC price of more than 30% in the start of 2017. Right there the Bitcoin dominance started to drop like a rock and altcoins had their golden era.

Notice how the Bitcoin dominance right now is reaching the same level as late 2016/early 2017, and another drop of 30+% will happen to the price of Bitcoin and Altcoin dominance will skyrocket again.

Just wait and see for altcoin boom 2.0

Everything will pop
I am not underestimating the power of a bull market. But it seems, the altcoin needs longer to have pump because bitcoin does not stop to increase, and I think that is good news for us because we can make a big profit from bitcoin. I am sure that the altcoin pump will come soon, and maybe it would happen after the bitcoin price touch the newest ATH because we already saw the new ATH for bitcoin a few hours ago. But the bitcoin moves still continue, and I feel that the highest price of bitcoin is not yet touched.

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January 03, 2021, 11:33:01 AM
 #32

I think that only 10% coins/tokens that would be able to survive and will be worth investing in 2021.
There are currently 2400 tokens that are known and many unknown to anyone. By the end of the year 2020, at least 100-200 new tokens will be created. Every day in the world there are 5 new airdrops. I think it is not realistic to calculate. But I'm pretty sure new tokens are being created more than they are being deleted.
But we have to buy only good market capitalization coins. Don't invest money in shit coins.

It depends on the market condition in bull run many coins are going to survive but in the market where investors are not going to try their luck in new coin they will not likely invest on it, I still see many new coins in the market and the resurgence of crowdfunding will emerge again, people are still going to look for new project that will make them an early bird.
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January 04, 2021, 11:01:25 AM
 #33

There are also tokens that are dying because of the low demand and almost no support left anymore from its investors and mainly from the developers. The surge in the creation of token is still expected because the market is in the surge, they'll just join the defi hype.
But not that many of them will be highly appreciated by everyone and they're likely to fail than to succeed.
I think you're spot on with that assessment.  The ICO boom was unjustified in my opinion and left a trail of dead and dying tokens in its wake, tokens that never really had a useful purpose to begin with.  The boom was sustained by a bunch of scammers and lies, lies, lies; so I don't think there is going to be much interest at all in tokens in 2021.

Altcoins are a different beast altogether.  There are a lot of good ones on the market, although I haven't heard of any new and good ones in quite a while.  It's probable that the best altcoins have already been created, though I wouldn't bet the ranch on that statement.  Which ones are going to survive?  Most of them I'd say.  But that doesn't mean that most of them are going to be worth much, just that they're going to exist.  Should prove to be an interesting year.
That's real. The best altcoins have probably been made and there's no need for another wave of newly created tokens because that doesn't make sense anymore if they'll keep on saying that they've been made to outperform other altcoins that have been performing very well just like Ethereum. Some of these tokens have the balls to say that they've been made out of bitcoin's poor quality, yeah, they have the guts to tell that and that is the reason why they'll fail instead of succeeding.

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January 04, 2021, 11:06:58 AM
 #34

I think it will be hard to survive for any token that is based on Ethereum. I was shocked that I was offered to pay around 20$ just for a regular transaction. It wont be a lot of issues for trades on exchanges, but there definitely will be a lot of difficulties for transactions aka buying any projects token for investors. Even big investors will feel that transaction fee price growth, if the usually do a lot of transactions.

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Anonylz
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January 04, 2021, 01:55:06 PM
 #35

This is where having a use case can not be over emphasis, longevity plays also a vital role in establishing a project, there are too many baseless project without no particular cause of action, not adding value to blockchain, simply worthless in every sense, those project will be washed away in no time,  even those with a use case are finding it difficult to sustain the project as a result of lack of real demand for it,
only time will tell which among the very many we have that will survive.

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Chainsmokers
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January 04, 2021, 03:42:45 PM
 #36

This is where having a use case can not be over emphasis, longevity plays also a vital role in establishing a project, there are too many baseless project without no particular cause of action, not adding value to blockchain, simply worthless in every sense, those project will be washed away in no time,  even those with a use case are finding it difficult to sustain the project as a result of lack of real demand for it,
only time will tell which among the very many we have that will survive.
can't be sure at this point we can only see bull run happening till now for some coins that cannot take advantage of this situation is certainly a bad coin
and don't invest in there stay focused on the top coins as the bulls continue at the moment if you want to make a profit
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January 04, 2021, 05:14:20 PM
 #37

I doubt that 10% or even 20% of coins or tokens will be left.
They always find new ways to create another token even with a repeated project or feature.
It will stay. Offering more BS to the investors just to prolong the scam.  Grin

Stay with the old ones but good ones. It will be safer that way.

Some new projects introduces itself with a new technology and with a new concept.
But most of the total market capitalization is in the old coins. We invest huge amount in old coins such as (litecoin, bitcoin, ethereum etc.) to get good returns. Because these coins are trusted coins.
We have to notice the purpose of the  coins and its total supply before any investment. Because these factors increase the price of coin.

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January 04, 2021, 05:33:51 PM
 #38

Only those tokens/coins who can manage the bear market can survive for years. We have many existing coins in the market but only 20-30% of them has use case and working to solve real problem. Some coins are just there for a temporary pump and will turn to shitcoins after the bullrun because coins without real purpose are going to die when the bearish market take over.

New coins are created continuously but it doesnt mean they are worthless, it depends on its purpose. There are still hidden gem in these kind of coins but if you want to be certain when it comes to your investment then choose the well-establish coins and stick to it.

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January 04, 2021, 05:59:12 PM
 #39

I think it will be hard to survive for any token that is based on Ethereum. I was shocked that I was offered to pay around 20$ just for a regular transaction. It wont be a lot of issues for trades on exchanges, but there definitely will be a lot of difficulties for transactions aka buying any projects token for investors. Even big investors will feel that transaction fee price growth, if the usually do a lot of transactions.

That's kills project that don't have chain to deal with, most of erc tokens will die if the gas fees for ETH will continue to be like this.

Without the willingness of every investors to gamble taking the risk those projects will die eventually. It needs to find good solution

for this nonetheless more projects will suffer.
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January 05, 2021, 12:20:17 PM
Merited by bitgolden (2)
 #40

I think it will be hard to survive for any token that is based on Ethereum. I was shocked that I was offered to pay around 20$ just for a regular transaction. It wont be a lot of issues for trades on exchanges, but there definitely will be a lot of difficulties for transactions aka buying any projects token for investors. Even big investors will feel that transaction fee price growth, if the usually do a lot of transactions.

That's kills project that don't have chain to deal with, most of erc tokens will die if the gas fees for ETH will continue to be like this.

Without the willingness of every investors to gamble taking the risk those projects will die eventually. It needs to find good solution

for this nonetheless more projects will suffer.
Many people assumed ethereum chain tokens will be gone with eth fee going up, but that didn't happen, they still continue to dominate the market anyway, and binance chain is going awesome as well which is not that cheap neither honestly. So, I think the fee is a big problem but not big enough to completely destroy things, it is still something that will disturb the market, or maybe not let it go high enough, but it is still something that doesn't stop it for sure.

I believe this is something that bothers only a few amount of investors, others are still getting into it, they realize its high and they want it lower but they do not stop because of it, I don't know if there is a name for being bothered by something but still going on anyway even when bothered, if there is a name, the fee situation is like that. I believe staking will make it even better in the future.

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