There are over a thousand cryptocurrencies that have failed in the market. The majority of people can attest to the popularity that the digitized currency has brought.
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By May 24, 2021, at least 2,047 cryptocurrencies have failed , according to Coinopsy which tracks such failures. That is a significantly large number of dead coins, even when compared to the 10,025 cryptocurrencies that have been in existence so far.
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