Confido is probably the most recent example of a failure. It made such headlines that projects alike (such as Payfair) cannot take off with a working product.
I wouldn't say Dogecoin is bad, but if you got caught in one of their yearly pumps, you'd be suffering big time. However, I have not read into it enough to understand what they are trying to do...
If dogecoin actually wants to accomplish something. I don't get why they don't just rebrand. I just can't envision a future where we are all doing business with dog memes.