Post
Topic
Board Altcoin Discussion
Merits 1 from 1 user
Re: Volume of Dead Crypto Coins By Death Year 2013-2022
by
Tytanowy Janusz
on 20/05/2023, 08:38:36 UTC
⭐ Merited by o48o (1)
From January to December 2017, the value of BTC rose 1500% - the largest one-year increase in history.
As Bitcoin gained value and legitimacy, trading volumes increased, and hundreds of new crypto coins were issued.

In 2018, however, 751 crypto coins became defunct - the most casualties of any year.
Of those, 390 failed due to lack of trade volume and 237 due to issues with fraud.

In order -- Lack of trade volume (66%), Scam (22%), ICO fail (10%) and Joke or no purpose (1%).

See the full infographic.

1- Whats the point of increasing the font size of whole post?
2- 2017 was not the year with biggest price pump. Not even close
"Bitcoin has an average annual return of 1,576% and a total return of 18,912% from 2010 to 2021"
it was even below average XD
The best seams to be 2013 with more than +5000% pump
3- projects does not fail because of the low trading volume of its token. It fails because there was no use case, no development, a different project delivered a better product, it was a scam or ... many more, but definitely not because of low trading volume.