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Author Topic: Top Promising Altcoins That Failed?  (Read 463 times)
jerry0 (OP)
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March 02, 2022, 11:13:49 PM
 #1

Which altcoins from the last few years where there was a lot of positive talk about it has failed?  And by failed, it means either it has went to 0 or it could be worth very little.  Like it could been 50 dollars at one point and now 0.50.



Also I am talking about coins that were at least in the top 50 or top 100 in coinmarketcap and then it just fell apart.  I don't mean a coin that came out and everyone had praise of it and it didn't even break the top 100 on coinmarketcap.



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March 02, 2022, 11:49:38 PM
 #2

Which altcoins from the last few years where there was a lot of positive talk about it has failed?  And by failed, it means either it has went to 0 or it could be worth very little.  Like it could been 50 dollars at one point and now 0.50.
Take a look at those masternode coins. These coins have been sitten on the top 100 CMC but this time almost all of masternode coins have fallen to the bottom. You can also see some coins like ARK and lisk. These coins are having horrible performance since a few years ago. These coins never got hyped anymore and these are trading at the bottom value. Lisk already in top 100 a few years ago but it has fallen to the top 300 CMC





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March 03, 2022, 01:00:18 AM
 #3

Hey.  What other masternode coins are you speaking of?  Yes i recall ark and lisk and they were high in the top marketcap a while back.



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March 03, 2022, 02:17:21 AM
 #4

Which altcoins from the last few years where there was a lot of positive talk about it has failed?  And by failed, it means either it has went to 0 or it could be worth very little.  Like it could been 50 dollars at one point and now 0.50.
EOS? $22 ATH but now, $2. That's a 90% drop that they were not able to recover. It was a buzz when it came out in 2017 during the ICO craze. Even dubbed as the "Ethereum Killer". Now, there isn't much hype around this coin anymore, not even a few mentions of the coin's growth, and their Twitter account seems dormant since last year2021; so I guess it is safe to say this coin failed to kill Ethereum.

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March 03, 2022, 02:45:35 AM
 #5

There are too many to mention. If you only compare the top 100 list of cryptocurrencies today from the top 100 list of cryptocurrencies from 3 to 5 years ago, there are more new coins or tokens than the ones that are left. Of course the most popular ones like Ethereum, Monero, Litecoin, etc are still there. But the likes of Terra, Solana, Avalanche, etc are new ones. Especially the ones that are riding on hype like those that are from the DeFi, Meme Coins, and NFT groups, they are all new ones.
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March 03, 2022, 02:58:44 AM
 #6

Which altcoins from the last few years where there was a lot of positive talk about it has failed?  And by failed, it means either it has went to 0 or it could be worth very little.  Like it could been 50 dollars at one point and now 0.50.

Also I am talking about coins that were at least in the top 50 or top 100 in coinmarketcap and then it just fell apart.  I don't mean a coin that came out and everyone had praise of it and it didn't even break the top 100 on coinmarketcap.

I think the number of dead cryptocurrencies or altcoins, which had minimal to zero advantages to anyone, has raised 35% over last year to 1,949 at the moment of filing this report, according to the information from Coinopsy that tracks dead cryptocurrencies. Around February last year, the number of total dead crypto coins stood at over 1,440. The term dead crypto coin is given to cryptocurrencies that do not exist anymore due to multiple causes. For sample, they're used as a scam, their website remains down, they've nodes or wallet issues, they've low liquidity or have simply been abandoned and their development has been halted by their developers. Abandoned coins are the ones that witness zero or negligible trading exertion between investors. Still, if there's a lack of data on the reasons why a coin failed, it falls into the failure abandoned class. But now WACEO UnRekt are on a mission to clean the dead crypto coin market and assist rekt investors recover their losses through litigation, negotiation, or possible partnership with the founding team. UnRekt 50-90% of your initial investment in your dead crypto coins - https://resurrect.waceo.org/.
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March 03, 2022, 03:21:46 AM
 #7

Which altcoins from the last few years where there was a lot of positive talk about it has failed?  And by failed, it means either it has went to 0 or it could be worth very little.  Like it could been 50 dollars at one point and now 0.50.
There are many but Im not sure whether they are still on the list. Example ptojects like ncash and some of those listed on binance especially the fantoken. Youll noticed that their price has gone down. But of course there are much more on ido projects that have been went from high price to nearly zero after few months. People should be careful on choosing some project to buy for long term.

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March 03, 2022, 03:49:08 AM
 #8

Which altcoins from the last few years where there was a lot of positive talk about it has failed?  And by failed, it means either it has went to 0 or it could be worth very little.  Like it could been 50 dollars at one point and now 0.50.

I'm sure you can see it on the yobit exchange.
Unfortunately, coin data that has decreased to 0 is very rarely posted in the media, even I have never seen it.
The media will only publish when the coin is about to go scam by taking away a lot of money,
but we call it rugpull and it will still have a price even if it doesn't have volume.
different from the yobit exchange, which in my opinion there are many ghost coins that do not have data anywhere,
even some of their coins do not have a network explorer because they are only traded in that exchange.
Examples are lambo and liza which used to be popular in early 2018 but are worthless now.


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March 03, 2022, 04:49:42 AM
 #9

EOS is the largest fundraising project in the history of cryptocurrency, with a record raising of $4.2 billion. and it advertises itself as an Ethereum Killer.
April 2018 saw EOS hit an all-time high of $22.71 and the price is currently trading at $2. There haven't been any updates on the project for a long time and EOS is slowly being forgotten. This is the most successful exit scam project in the crypto industry.



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March 03, 2022, 05:21:39 AM
 #10

Your judgment is also correct, but it is necessary to consider the accompanying factors to make a specific assessment of the prospect. I have encountered many failed projects like that, so I feel there is no guarantee if you do not accept your mistakes. I think when the FOMO hype is over, projects that are only hyped like that will disintegrate on their own because they can't be met and maintained.

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March 03, 2022, 06:56:29 AM
 #11

Which altcoins from the last few years where there was a lot of positive talk about it has failed?  And by failed, it means either it has went to 0 or it could be worth very little.  Like it could been 50 dollars at one point and now 0.50.
Take a look at those masternode coins. These coins have been sitten on the top 100 CMC but this time almost all of masternode coins have fallen to the bottom. You can also see some coins like ARK and lisk. These coins are having horrible performance since a few years ago. These coins never got hyped anymore and these are trading at the bottom value. Lisk already in top 100 a few years ago but it has fallen to the top 300 CMC



Damn! Lisk used to be one of my favourite projects back in the days, this is the thing with crypto you can never predict which alt will do better or will be the world most favoured in few years to come, master node coins are already abandoned, no one talks about them anymore.

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March 03, 2022, 07:08:04 AM
 #12

Which altcoins from the last few years where there was a lot of positive talk about it has failed?  And by failed, it means either it has went to 0 or it could be worth very little.  Like it could been 50 dollars at one point and now 0.50.
EOS? $22 ATH but now, $2. That's a 90% drop that they were not able to recover. It was a buzz when it came out in 2017 during the ICO craze. Even dubbed as the "Ethereum Killer". Now, there isn't much hype around this coin anymore, not even a few mentions of the coin's growth, and their Twitter account seems dormant since last year2021; so I guess it is safe to say this coin failed to kill Ethereum.

Yep - I remember EOS and Steem, two of Dan Larimer's projects which are deemed ETH killers.

But inevitably both failed because of a lack of leadership, although I think that a lot of the concepts underlying these coins (e.g. synthetic stable assets) are still very pervasive in the current time.

I think that Lisk is also another project that failed. Used to be an ETH alternative as well.
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March 03, 2022, 07:14:29 AM
 #13

How about QTUM? is it also deem as ETH killer if I'm not mistaken, when they join crypto sphere there was a lot of hype on them.

Even the Chinese loves QTUM (more than BTC), but I haven't heard them for a while, so not sure what happen to them if they are still in the top 100 or not.

R


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March 03, 2022, 07:52:36 AM
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I think it must be sushi, ups and downs, back and forth by capital to play, no belief at all, no bottom line to cut leeks.
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March 03, 2022, 08:02:11 AM
 #15

Verge was one of the top altcoins back in 2017~2018 but is slowly being forgotten by people.
ATH was 0,25$ but now it is around 0,01$, it started after the hack happened with them but the developer lied about the patch that fixed the issue.
A day after the same hack happened again and pushed the project to the bottom, people lost their trust in this project and have not recovered anything since then.

Augur/Rep also lost their credibility after the hack happened to them in 2016~2017. It was a promising one too, a hot topic in its Era together with Lisk, DAO.
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March 03, 2022, 08:16:08 AM
 #16

Some of those coin have been delisted from CMC which were very good at then but turned to zero today, due to their poor performances they got kicked out from coinmarketcap and other exchangers, most time they bounces back to migrate to bsc network to enable them get their feet's back. eg, HYT, MILC, UBcoin, MPAY.

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March 03, 2022, 08:20:09 AM
 #17

Also I am talking about coins that were at least in the top 50 or top 100 in coinmarketcap and then it just fell apart.  I don't mean a coin that came out and everyone had praise of it and it didn't even break the top 100 on coinmarketcap.

Usually those who initially had record highs on coinmarketcap a few years ago, and now it doesn't look like they have a bad history.
I don't really remember all of them because there were a lot of coins that were on top and then they just disappeared.
1 coin that reminds me of that, he is raiblocks(XRB), which used to be in the top 10 of coinmarketcap but just disappeared,
their recent history of changing mining methods from faucet to rig mining, so many communities leave raiblocks
because rig machines are so expensive for them.When I check now raiblocks have completely disappeared from
coinmarketcap I really don't know where this coin went.
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March 03, 2022, 08:42:32 AM
 #18

How about QTUM? is it also deem as ETH killer if I'm not mistaken, when they join crypto sphere there was a lot of hype on them.

Even the Chinese loves QTUM (more than BTC), but I haven't heard them for a while, so not sure what happen to them if they are still in the top 100 or not.
I'm trying to keep some altcoins for the future but you aren't helping mate, if QTUM can be this silent since 2017 then what is the assurance that we holders will be rich in few more years? This shows that even the biggest coins today can face a sad ending, scary.

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March 03, 2022, 08:47:00 AM
 #19

I actually paid attention to BCNEX. But unfortunately after they got the profit from the presale event that was held, they finally decided to escape. indeed bcnex is not included in the top 100. but at least they have a good coin and concept. although in the end it ended in loss for investors. it is deeply regretted

That's when they get what they want.
 But it's a shame for investors who feel lost and cheated.
So don't be easily tempted by attractive events so that we are complacent that in the future we will make a profit, even though in the end we will lose big.
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March 03, 2022, 09:05:34 AM
 #20

Even with the pandemic, there are now more than 11,000 cryptocurrencies in existence, up from about 6,000 in 2020, according to the website CoinMarketCap. “Nothing is too big to fail,” says Niederhoffer, a former neuroscientist, “but I suspect Bitcoin's biggest critics have never used it to perform a transaction.
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