Post
Topic
Board Beginners & Help
Re: Why can Altcoins fail?
by
Nwada001
on 10/07/2024, 21:44:02 UTC
One more old coin is EOS. It could not meet expectations and was even place 5 in market cap until it is now very irrelevant. People still holding EOS are having a big loss.
Lucky, who got out timely, to prevent a loss.

Conclusion

We should sell such outdated coins like Tron because such coins will become more and more obsolete over time.
EOS was one of the blockchain projects I felt so disappointed in. I held the token and even made a few profits during the time that the blockchain was being hyped, but I don't know what happened to the team; they just stopped competing with the new emerging developments in the market. Currently,  it's hard to even see any project that wants to be under the EOS blockchain. What's sustaining their price in the market is still something I don't know.