The number of dead coins is still in counting, many more will come and be recorded dead. This is really disappointing and imagines that the number can be doubled easily if many people will try to take advantage of the market by creating other scam projects. In fact, almost every day we saw new (unreliable) projects and this will surely add to the current dead coins in the market.
I think that was too much and enough or else, this gonna be the reason why crypto will fail in the future and no one will ever believe this alternative.
That's true and now that the hype's are getting stronger for a new trend. This will be their reason to create a useless coin to scam people. It is really disappointing on our side even though we do not invest on it because we are still going to be affected if this act does not stop. We can say that there are too much coins already in the market and it must be stop now but those greedy coin creator's does not care to us at all.
This is one of the disadvantage of crypto (for us) because it its mostly unregulated while this can be an advantage to them because they are free to do what they want without getting caught out easily but no, the whole crypto system wont fall just because of them.