Top Promising Altcoins That Failed?

[Dr.Osh]

talking about the coin issue that used to be talked about a lot, I think that's a lot. many of these coins have been in the top 100 coins, then pushed back, then dropped in price, or even went bankrupt. some people above have mentioned ARK, and EOS. I think that is a small example. However, this is the crypto world, every day so many projects are being developed. The top 100 coins do indicate that the coin is good. however, when they lose out on new, or old coins, it can happen.

[GowithMi_GMAT]

talking about the coin issue that used to be talked about a lot, I think that's a lot. many of these coins have been in the top 100 coins, then pushed back, then dropped in price, or even went bankrupt. some people above have mentioned ARK, and EOS. I think that is a small example. However, this is the crypto world, every day so many projects are being developed. The top 100 coins do indicate that the coin is good. however, when they lose out on new, or old coins, it can happen.

difficult to understand. but what is certain is that the price of each coin can change at any time and is not only included in the top 100 in CMC but applies to all cryptoqurrency currencies. despite what you say, if a project can't stay in the market "for a certain period of time" then I can say that the project has no further development which means it will be abandoned by the developers themselves.

[bamb]

I remembered I missed Ethereum initial token offering and I was looking for another altcoin that could rival ethereum at that time. Lisk was my answer! I bought shit loafs of lisk unfortunately, the team never develop the ideas they put forward when they market lisk. Lisk is still top on cmc but nothing is actually happen with it!

[Ararbermas]

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 have on my list and it was ADA "cardano" top 10 in CMC. And yes it failed during the fork last year and can't even regain for how months now.

Actually many investor as well talking about ADA that it will gonna break new record and has chance to achieve $100 in the market because its a good project and very promising, but unfortunately during the fork it plunges and many investors are very disappointed including me.

I don't know if its worth it to trust again.

[Rocky993]

EOS and QUTM were once thought to be the two projects that will perform best in the future and show good work back to everyone.  But it is now clear that none of this has happened, as the two projects have completely withdrawn from their markets.  I can't see any response from the team members of these two projects.

[MadeMen]

We've had several projects that were thought of as the best and holders had big dreams owing to the potential of the project which seemed glorious, but now they're no more. Looking at the first 100 cryptocurrency in the coin market cap, it would be difficult to say all the projects have always been on the least. Several would be off the list. I recall holding lisk as a project I looked forward to making a fortune from the project but it didn't work out as envisaged.

[LogitechMouse]

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.

I still remember the time where we are in a group chat where we always talk about EOS and because of that, it comes to the point where I taught of borrowing money just to buy EOS.
Good thing that the person who I want to borrow money with to buy EOS refuses to lend money to me because at that time, the price of EOS was at its peak (around $20). Because of that refusal, I didn't bought any EOS and it was a blessing in disguise for me. I just went in Coingecko to see the chart and it has only going downwards and no development at all. The once labeled ETH killer is now dormant with no updates.

Aside from EOS, I still remember some are talking about IOTA and its new technology "tangled" (correct me). Now the coin that is once at the top 10 is at the top 50 already (same with EOS). I can't remember some but we've seen some top coins from the past that is now at the bottom 50 or bottom 100 already for some reasons. Others are ICON, NEM and YFI.

[el kaka22]

For me it could be Axie. I didn't get into it too much thankfully, just a few tests with the token here and there and I am out anyway and didn't make a loss, got out break even point. However, I calculated to get in during September, I assumed if I could create a bit of debt, and this would be assets that I would own.

Sort of like buying a house, that is a debt and people say "never invest with debt" but then go out and buy mortgage because that's good debt. Same logic for axie in my mind during September, just spend all of that months salary into getting an axie team and try to long term that. However, I didn't had the courage to do so and boy oh boy, was I lucky for that.

[jostorres]

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.

Ah, verge I think I remember that one and it's true that I never heard the coin nowadays but now I know the reason why. Why would the developer lied about the patches when that was a good thing as it can gain confidence again to their supporters although there was still a second hack that happened, that only shows that the patch is not very effective to prevent the hacks, no wonder why people quit on that project.

If I am one of the investors I will also do the same. Hacks are a serious issue especially if you have lost a really big fund because you put your trust in the projects. There are many top altcoins there that are strong and haven't been hacked yet, we need to consider them.

[albon]

For me it could be Axie. I didn't get into it too much thankfully, just a few tests with the token here and there and I am out anyway and didn't make a loss, got out break even point. However, I calculated to get in during September, I assumed if I could create a bit of debt, and this would be assets that I would own.

Sort of like buying a house, that is a debt and people say "never invest with debt" but then go out and buy mortgage because that's good debt. Same logic for axie in my mind during September, just spend all of that months salary into getting an axie team and try to long term that. However, I didn't had the courage to do so and boy oh boy, was I lucky for that.

Unfortunately, there are no sure ways to know if the altcoins you invested in will fail or not. For me, I can use some indicators that will determine the future of the altcoin, including if the altcoin website has not been updated or the accounts of that altcoin have been inactive for months This is conclusive evidence that the altcoin will fail one day. Also, if the project team does not specify future plans for the altcoin in the roadmap, this is a bad indication. We can invest in Altcoins listed on many promising exchanges because these platforms will review the altcoin well before listing it, which will make the possibility of your investment in failed projects slim.

[crzy]

Lot’s projects we’re talking here, most of the project here claim to be the next ETH and yet they are still failing. I still some projects that are still on the exchanges but they just like a shit tokens already, they failed terribly. Some turn into a scam, and I invest on some good projects before but they are not able to survive the pressure from this market, too bad for the investors.

[Natalim]

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 countless promising talks that we encounter last year and countless of them went off too quick. Not a surprise as many scam projects really be going that way as the project itself will never grow by just a promising words but it must consist with the usefulness of the projects which is actually missing with them.

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.

Defi projects, Memecoins, and many from hypes projects will turn down after reaching the peak. Quite very common to see this and only valuable coins that have a use-case will survive.

[Jaered]

The one that came to my mind is Dash. It was touted as the first masternode coin. In fact, mode running started with it. Now its very much dead. Poor community

[AmoreJaz]

The one that came to my mind is Dash. It was touted as the first masternode coin. In fact, mode running started with it. Now its very much dead. Poor community

is dash really dead? don't know much about this coin now. but it is indeed one of the frontrunners before.

so i made a quick search about this market. and i don't think what you are saying that it is dead, is true. have you checked its current trading market? it is still much better with other alts. it is still being traded in a various trading platforms with decent volume. but have no idea with their recent developments though.

[lobo13hf]

Hey.  What other masternode coins are you speaking of? 

Some masternode coins like these

stratis, energi and many more. There are many masternode coins that have been going to the bottom. This may become another problem for sure.

Yes i recall ark and lisk and they were high in the top marketcap a while back.

yeah and due to the strict competitions and those platforms didn't have proper development progress and then they are being dumped by their investors right now.

They can be considered as failed project as well.

[asyakashi]

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.

Just mentioning a few that I remember, because too many.
Usually these coins are often encountered as masternode coins such as agricoins.
but not all of them mean all masternode coins will just go bankrupt, there are some popular tokens that
once followed them also disappeared when they were famous, they are amepay, bonpay, canya and many more.
At least the tokens have been in the top 100 on coinmarketcap, but they had to disappear due to extreme market conditions.

[awik p]

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.

Just mentioning a few that I remember, because too many.
Usually these coins are often encountered as masternode coins such as agricoins.
but not all of them mean all masternode coins will just go bankrupt, there are some popular tokens that
once followed them also disappeared when they were famous, they are amepay, bonpay, canya and many more.
At least the tokens have been in the top 100 on coinmarketcap, but they had to disappear due to extreme market conditions.

Coins of any generation are not all turned into ashes, although more tokens have disappeared, or have become worthless, but some of them have survived, or have even become lighter. it is not easy to go through the phase of trend change, like ico, ieo, and now nft and defi. Of course, coins with clear rankings will have more opportunities to grow

[doomloop]

The one that came to my mind is Dash. It was touted as the first masternode coin. In fact, mode running started with it. Now its very much dead. Poor community

is dash really dead? don't know much about this coin now. but it is indeed one of the frontrunners before.

so i made a quick search about this market. and i don't think what you are saying that it is dead, is true. have you checked its current trading market? it is still much better with other alts. it is still being traded in a various trading platforms with decent volume. but have no idea with their recent developments though.

Dash is not dead, I wouldn’t say it is because it has a better trading volume than most Altcoins. But, it is having the same problem that most of the old coins you have in the market are having right now, they seem to be lacking growth and are now stagnant in their position without making any move forward, but rather allowing themselves to be overtaken by the new projects that are being released in the market.

That’s like the same thing that happened with Dogecoin until as of recent that is seemed to have been revived. Let’s hope that it is able to stay that way, because it is starting to seem that it is again falling back to this position.

[Tony116]

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.

I still remember the time where we are in a group chat where we always talk about EOS and because of that, it comes to the point where I taught of borrowing money just to buy EOS.
Good thing that the person who I want to borrow money with to buy EOS refuses to lend money to me because at that time, the price of EOS was at its peak (around $20). Because of that refusal, I didn't bought any EOS and it was a blessing in disguise for me. I just went in Coingecko to see the chart and it has only going downwards and no development at all. The once labeled ETH killer is now dormant with no updates.

Aside from EOS, I still remember some are talking about IOTA and its new technology "tangled" (correct me). Now the coin that is once at the top 10 is at the top 50 already (same with EOS). I can't remember some but we've seen some top coins from the past that is now at the bottom 50 or bottom 100 already for some reasons. Others are ICON, NEM and YFI.

In addition to BTC, ETH, all the top coins currently on CMC have certain risks. Let's compare the top 10 alts 2022 and top altcoins of 2017. Topcoins 2017 in addition to ICON, NEM as you listed, also has BCH, DASH, MONERO, NEO….they have been replaced by other names that have emerged recently: SOL, NEAR, BNB, AVAX...The crypto market is ever-changing and harsh. Except BTC and ETH, don't invest it all in one altcoin even though it has potential.

[D ltr]

there are many promising coins, but they are not crypto if they don't give a surprise, where the SOL that we know the price did not reach from 20 $ but last year it reached in the new Ath, at 200 $ (if I'm not mistaken), so every year the trend changed so it can't be said the coin failed