Most of them failed due to either: Bad publicity . Security issues. Unethical behavior.
Read moreHow many cryptocurrencies are dead?
The number of cryptocurrencies on the market lies somewhere above 2,000. This should be a clear signal that the sector is booming, but the numbers are deceptive. According to a CNBC report, more than 800 of those are essentially dead—that is, they’re worth less than a penny.
Read moreHas any crypto crashed?
In January 2018, the 2018 Cryptocurrency Crash (also known as the Bitcoin Crash or the Great Crypto Crash) began, resulting in the sale of practically all cryptocurrencies . Bitcoin’s price plunged by roughly 65 percent in January and February 2018 after a spectacular increase in 2017.
Read more