Top Promising Altcoins That Failed?

[Koro-Sensei]

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.

In my experience, it was PundiX. From 10$ to now 0.7$ and from top 50 to now top 270+ in CMC. The problem occurs when they migrated to new smart contract by which investors didn't like that time added by the fall of BTC. Another thing is SOVRYN who got 82$ as ATH last May then fell to 3.9$ as of the moment. I think these two didn't failed and even deliver what was promised. The problem occurs with the market itself where investors didn't feel safe to invest and bears took over.

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[lixer]

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.

Well, now you can hardly get news of cryptocurrencies in the market that has failed because there are now ten thousand of cryptocurrencies in the market, and the ideas are not in a by way unique, just the same old ideas being reworked on in one way or the way and presented to the public.

Years back, there have been lots of cryptocurrencies that came out with unique ideas and a lot of people thought that these coins were going to be very successful in the market, but at the end they failed. One I can remember is the first space coin, known as SpaceBIT, which was an ambitious project, but ag the end it still failed.

[Qenetex1]

There are a lot of such coins and they are still entering the market.Those that were in the top in 2018 and did not come up with anything new, are already losing their relevance. A lot of meme coins are now . Do they have a future? I think not, because they have no value for people.

[darewaller]

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.

DASH is definitely not dead. It is 82nd ranked coin as of right now, but we can say anywhere between 80 to 85 on any given day. However this was the coin in top 10 for a while, and to be 80+ sure means it is "dying" even if not dead. What we have right now in our hands is that there are coins and tokens that are newer and made with new technology, and that is why people assume that it is not bad at all and rank them higher.

So, things like dash end up being lower because they are old tech, they did not improve themselves too much and that is why they went lower. BCH was one of them as well back in the day and that became lower too. All in all, when there is a new tech in the market and the blockchain development changes, new stuff becomes higher ranked, we just have to get used to it.

[Blowon]

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 used to be very happy with Cappacity(CAPP) because it has a good AR/VR development,
and the price also explodes frequently in the hitbtc market. Actually their project is still progressing well,
but what I remember at that time was that the hitbtc market was hacked so that the market's reputation became bad and even the coins in it were affected.
Since then, I haven't followed the development of Cappacity anymore and they have completely disappeared for reasons I don't know.
I think it might be because of the market itself, because when I was still active in their community CAPP could only be traded on Hitbtc.

[Hetadrop]

I don't like Tron.
It has never been a good Altcoin and is just utter trash.
Now it is rejected en masse and people are selling it off.

Complete fail project.

[aprilnot]

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 know one name which is EOS. When this coin was launched many said that this project would be an ethereum killer. but today we see EOS is not even one of the choices of the project developers. I see no one is using their network. and the price of EOS has fallen greatly. maybe these coins have lost 90% since their last ATH. in 2018-2019 eos is still in the top 10 largest marketcap. but right now EOS is way below.

[Bollexz1]

Ccar went from 1.8$ to crash, now the dev are nowhere to be found. It gains so much popularity to the extent that many top crypto media were talking about it, like bitcoin.com, coin desk etc to mention few. I think one of the swift ways these scammers take investors money are through p2e gaming project.

[bussybuddy]

I know one name which is EOS. When this coin was launched many said that this project would be an ethereum killer. but today we see EOS is not even one of the choices of the project developers. I see no one is using their network. and the price of EOS has fallen greatly. maybe these coins have lost 90% since their last ATH. in 2018-2019 eos is still in the top 10 largest marketcap. but right now EOS is way below.

In this case, I think the problem is due to too many expectations on EOS at the moment. I personally still rate this as one of the top projects, and it will take time to implement more things on the ecosystem. Maybe it's not suitable for the current trends, but in the long term, I still find a lot of potential in this ecosystem.

[diminizio]

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.

I believe EOS used to be focused on developing gaming and networking platforms.
but, from what I experienced, the EOS network is quite lacking, even to get the wallet, you have to pay CPU rent first to be able to get access.
In contrast to ethereum whose network is completely free to use, it is very simple without a CPU and even focuses on various platforms including gaming.
The demise of EOS also seems to have been replaced by Binance Smart Chain, Solana, Polygon as network projects that will become an alternative to ethereum and even they deserve the title of "Ethereum Killer" at this time.

[SyndicateLabs]

I don't know if anyone still cares about XVG
It was actually one of those projects where I was so happy to follow everyone, but after that, it was bleak.
If I remember correctly, CyberMiles (CMT) was a huge disappointment in the period following the success of the ICO.

[diminizio]

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 sure QTUM at that time must have been hindered by regulations from developing further.
I'm also following the QTUM community, some of the china projects are really interesting,
but they're currently completely gone and even now I've never seen any china projects published.
The thing I remember that is probably why China banned cryptocurrency is when
a leader of the IDAX market at that time committed a financial crime in the form of cryptocurrency,
that's what made China ban cryptocurrency.

[adiebitsler]

I don't know if anyone still cares about XVG
It was actually one of those projects where I was so happy to follow everyone, but after that, it was bleak.
If I remember correctly, CyberMiles (CMT) was a huge disappointment in the period following the success of the ICO.

Yes, projects with ICO concepts in the past have disappointed many, but if anyone still cares about XVG for now, maybe it's because that person doesn't have a better choice so he only sees XVG as a new opportunity for now even though he has already done so there are so many other better options now.

[lobo13hf]

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,

Yeah i have the same thought like you in the past, especially when they are talking about SDK. ARK was also a part of LISK in the past and so many investors were putting their hope into this project.
The problem is these project didn't even get the hype and people were slowly leaving them all and then right now they are worth small marketcap compared with a few years agoo.

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.

Yeah sure, that's why masternode coin like pivx already abandoned and this coin has become mediocre coin. It's caused by it was not even offering utility. it's only offering passive income from the masternode which can't sustain for the long term.

[bakasabo]

I find Ripple to be one of top altcoins that failed. Ripple has been trying to fulfill their promises during my whole crypto career. Since 2017 I have started to hear that Ripple will be an alternative to SWIFT. We are in 2022 and its future is still unknown. Ripple most success could be, if they would fulfill their plans in end of 2021, and now decentralized Ripple would be best solution for Russians, that now are cut off SWIFT system and suffer from other people's decisions.

[Marvell1]

I find Ripple to be one of top altcoins that failed. Ripple has been trying to fulfill their promises during my whole crypto career. Since 2017 I have started to hear that Ripple will be an alternative to SWIFT. We are in 2022 and its future is still unknown. Ripple most success could be, if they would fulfill their plans in end of 2021, and now decentralized Ripple would be best solution for Russians, that now are cut off SWIFT system and suffer from other people's decisions.

Unfortunately for Ripple, facing an SEC lawsuit has affected the price of XRP and is one of the reasons why XRP has not grown as investors expected, IMO.
XRP is not dead yet and it continues to grow unceasingly. In crypto, there are always surprises I hope XRP will be back on the racetrack, catching up with new ecosystems and regaining its footing in 2022.

[Rasa nanas]

altcoin that is ranked 100 CMC is definitely the best altcoin because it is not easy to enter the top 100 CMC. but even so it is possible that this position will be replaced by another altcoin that has a higher popularity because every day new projects are popping up and that makes the competition tougher.
So far only BTC and ETH have remained in the 1st and 2nd CMC rankings and the 3-100 rankings are always changing, meaning that it is possible that altcoins that are in the top 100 of CMC will be knocked out of that position. an example is BCH, a few years ago BCH was in the top 10 of CMC and currently BCH is ranked 28th in CMC. but to have a value of 0 is certainly not that easy because the altcoins that are in the top 100 of CMC are altcoins with a very large daily volume and have a large community as well.

[darefreads]

In this case, I think the problem is due to too many expectations on EOS at the moment. I personally still rate this as one of the top projects, and it will take time to implement more things on the ecosystem. Maybe it's not suitable for the current trends, but in the long term, I still find a lot of potential in this ecosystem.

Now there are more and more products that EOS needs to see because the competition in the crypto space never stops and what is left behind will always be suppressed by the new ones, so EOS must really be able to improve itself to be better than it is now.

EOS was mot famous in 2017 bull run but now we have no news of this coin. I remember that people used to predict 100$ for EOS but this coin even fail to reach 5 dollars.

EOS  was once in the top 10 list but now it is not even in the top 50 coinmarketcap list.

[bitkanu]

just try seeing the chart of most the ancient coins they have a really big bullish run moment in the past mostly and then falling after few years because the fame that they has been building since a long ago finally subsides because their technology and other things becomes irrelevant with the emergence of the newer smart contract platforms that offers use case of NFT market and also blockchain gaming that now has emerged and becoming a giant in terms of market capitalization.
it seems the development of technology specifically in cryptocurrency and blockchains are growing so fast that it shows clearly so many altcoins being left behind because they are deemed outdated. Some members have been mentioning it. Name coin and so many oldest coins have become garbage coins right now. The tech is growing so fast but these old coins are still being trapped with their own  old vision

[jerry0]

Would Nano or Raiblocks which was the previous name be another one?