However, hundreds of these coin projects are now dead because there are those that turned out to be fraud, jokes, or products that later did not materialize. Dead Coins is a site that records all digital currencies that fall into that category.

So far, Dead Coins has identified more than 800 digital coins that are categorized as dead. The coins have no value or are traded with a value below 1 cent.

Bitcoin, which is the largest crypto currency according to market capitalization or value, also experiences a heavy year.