Advertise
CoinTrust
BTC
ETH
BCH
SOL
DOGE
SHIB
  • News
  • Bitcoin
  • Ethereum
  • Altcoin
  • Market Cap
  • Learn
    • Buying Crypto
    • Crypto Mining
    • Crypto Exchanges
    • Knowledge
  • Crypto Casinos
    • VPN Friendly Casinos
    • New Crypto Casinos
    • Offshore Online Casinos
    • Best Crypto Casinos Reddit
    • Bitcoin Poker
    • Bitcoin Betting Sites
    • Bitcoin Bingo
No Result
View All Result
CoinTrust
  • News
  • Bitcoin
  • Ethereum
  • Altcoin
  • Market Cap
  • Learn
    • Buying Crypto
    • Crypto Mining
    • Crypto Exchanges
    • Knowledge
  • Crypto Casinos
    • VPN Friendly Casinos
    • New Crypto Casinos
    • Offshore Online Casinos
    • Best Crypto Casinos Reddit
    • Bitcoin Poker
    • Bitcoin Betting Sites
    • Bitcoin Bingo
No Result
View All Result
CoinTrust
No Result
View All Result

Home » Crypto Winter Has Eliminated 1,000 Altcoins

Crypto Winter Has Eliminated 1,000 Altcoins

Kelly Cromley by Kelly Cromley
Jan 1, 2019
in Market News, News
Reading Time: 2 mins read
0

The cryptographic space saw a steady influx of new projects fighting in the sun for their time. In 2017, the bull market pervaded an array of coins and tokens through state-of-the-art exchanges. These assets were small and did not rank among the best-known coins. The bear market eliminated a majority of these assets, according to data from Dead Coins.

Some small coins and tokens are still alive, however, with the potential to scam more users. The low-level activity and the presence of EtherDelta and other decentralized exchanges, however, do not expose many crypto investors to these coins and token.

RelatedPosts

GIBO Launches USDG.net to Boost Blockchain Payments for Creators

PREH Launches $100M Fund to Tokenize U.S. Real Estate

Big Hair Unveils $BGA Token to Bridge Beauty and Web3

Sony and Bandai Namco Launch Gaudiy to Drive AI and Web3

A look at the history of cryptocurrency in 2018 shows that Bitcoin (BTC) has risen 90 times from a “dead” designation in the media, data from industry news and 99bitcoins information portal.

According to the fabled Bitcoin Obituaries section of the site, which tracks media claims that Bitcoin has collapsed, nearly 100 such claims came up last year, as BTC / USD plunged from approximately $20,000 in December 2017 to $3,130. In contrast, a log of altcoins that have disappeared from the market for various reasons now contains almost 1,000 records.

The database, Dead Coins, segregates assets that have failed due to hacks, scams or that have simply been “deceased” and coins that have not served a sincere purpose according to their criteria. The website enables anyone to claim a “mortal” coin. Combined, according to Dead Coins, the total number of altcoins that will probably never come back alive has now reached 934 — the total number of cryptocurrencies with a measurable market cap is currently 2,073, CoinMarketCap data shows.

A closer look at the Dead Coins listings shows that not everyone agrees that their residents have always moved to a better place. OneCoin, the notorious project referred to by several governments as a Ponzi or pyramid scheme, is listed in the Dead Scams section, together with a comment calling for evidence and facts to be supported.

This is not the first digital asset termination. In the past, periods of optimism and bull markets have caused many types of coins to be created. At one point anonymous coins could be created by anyone and thousands of them were built and died.

In 2018, it became increasingly difficult to obtain an exchange list, which meant that even an ambitious but newly created coin lacked liquidity. Delistings damaged many coins’ prices and liquidity in 2018, including Bytecoin (BCN), which renewed its marketing efforts but failed due to high volatility. Poloniex also cut a portion of the crypto ecosystem by delisting a number of coins because of low activity.

Considerable scams like BitConnect and DavorCoin were among the coins that died in 2018. Some assets have, however, been proven resilient. Despite many hard forks and a relatively strong altcoin season, Bitcoin (BTC) remained unchallenged in 2018. Ethereum (ETH) has survived, at least for the time being, and is one of the largest cryptographic organizations in the world.

There are other coins and projects with headwinds. ICOs like Civil went as far as returning funds, and the Basis stablecoin also returned funds to its backers, after regulations prevented the launch of an algorithmic stablecoin.

Previous Post

Native Crypto Of Messaging App Telegram Criminalized By Iran

Next Post

India’s Central Bank Defers Crypto Rupee Plans

Related Posts

gibo launches usdg.net to boost blockchain payments for creators

GIBO Launches USDG.net to Boost Blockchain Payments for Creators

by Kelly Cromley
May 13, 2025
0

GIBO Holdings Ltd., a key player in Asia’s AI-generated content (AIGC) streaming sector, has introduced a blockchain-based payment engine, USDG.net—also...

preh launches $100m fund to tokenize u.s. real estate

PREH Launches $100M Fund to Tokenize U.S. Real Estate

by Kelly Cromley
May 13, 2025
0

Patel Real Estate Holdings (PREH) has initiated a $100 million fund dedicated to tokenizing real estate assets on the Chintai...

big hair unveils $bga token to bridge beauty and web3

Big Hair Unveils $BGA Token to Bridge Beauty and Web3

by Kelly Cromley
May 13, 2025
0

Big Hair, a well-known name in the beauty industry, has officially stepped into the Web3 arena by launching its native...

sony and bandai namco launch gaudiy to drive ai and web3

Sony and Bandai Namco Launch Gaudiy to Drive AI and Web3

by Kelly Cromley
May 13, 2025
0

Sony and Bandai Namco have jointly launched a new startup named Gaudiy, with a focus on harnessing emerging technologies such...

bitget and superteamcan boost web3 innovation in toronto

Bitget and SuperteamCAN Boost Web3 Innovation in Toronto

by Kelly Cromley
May 13, 2025
0

Bitget has joined forces with SuperteamCAN to invigorate the Web3 development landscape at the ongoing Solana Startup Village in Toronto,...

gate.io unveils alpha to streamline web3 token trading

Gate.io Unveils Alpha to Streamline Web3 Token Trading

by Kelly Cromley
May 13, 2025
0

Gate.io has introduced a significant upgrade to its MemeBox feature, rebranding it as "Alpha" in a strategic move aligned with...

Next Post
India’s Central Bank Defers Crypto Rupee Plans

India’s Central Bank Defers Crypto Rupee Plans

  • blackrock invests in colle web3

    COLLE: Pioneering AI Web3 Platform Receives Investment Boost from BlackRock

    by Kelly Cromley
    May 13, 2024
  • Central Bank of Saudi Arabia Teams Up with Ripple to Transform Cross-Border Settlements

    by Kelly Cromley
    Aug 17, 2023
  • Router Protocol and OpenWorldSwap Partnership to Revolutionize DEX Market

    by Kelly Cromley
    Aug 6, 2024
  • GameStop’s Digital Transformation: Embracing Blockchain and NFTs

    by Kelly Cromley
    Feb 2, 2025
  • XRP Ledger Embraces Precious Metal-Backed Stablecoins with Meld Gold Partnership

    by Kelly Cromley
    Oct 2, 2024

Recent News

gibo launches usdg.net to boost blockchain payments for creators
Market News

GIBO Launches USDG.net to Boost Blockchain Payments for Creators

by Kelly Cromley
May 13, 2025
preh launches $100m fund to tokenize u.s. real estate
Market News

PREH Launches $100M Fund to Tokenize U.S. Real Estate

by Kelly Cromley
May 13, 2025
big hair unveils $bga token to bridge beauty and web3
Market News

Big Hair Unveils $BGA Token to Bridge Beauty and Web3

by Kelly Cromley
May 13, 2025
sony and bandai namco launch gaudiy to drive ai and web3
Market News

Sony and Bandai Namco Launch Gaudiy to Drive AI and Web3

by Kelly Cromley
May 13, 2025
bitget and superteamcan boost web3 innovation in toronto
Market News

Bitget and SuperteamCAN Boost Web3 Innovation in Toronto

by Kelly Cromley
May 13, 2025

Categories

  • Altcoin News
  • Analysis News
  • Bitcoin News
  • Blog
  • Cardano News
  • Ethereum News
  • ICO News
  • Legislation News
  • Market News
  • News
  • Ripple News
  • Solana News

Cointrust

  • About Us
  • Contact Us
  • Correction Request
  • Our Team

Legal

  • Disclaimer
  • Terms & Conditions
  • Privacy Policy
  • Cookie Policy

Popular

  • ICO Listings
  • Knowledge Base
  • All about Mining
  • Cryptocurrency Exchanges
  • How and Where to buy Cryptocurrency

Sitemap

  • News section
  • Sitemap
  • XML Sitemap

© 2024 CoinTrust.com.

CoinTrustCoinTrust

* DISCLAIMER: All information provided in CoinTrust is merely for informational purposes, we are not an investment advisor and not affiliated with any companies or ICO/Cryptocurrency Projects. To use this website you must accept our cookie policy, Disclaimer and Privacy Policies.

No Result
View All Result
  • News
  • Bitcoin
  • Ethereum
  • Altcoin
  • Market Cap
  • Learn
    • Buying Crypto
    • Crypto Mining
    • Crypto Exchanges
    • Knowledge
  • Crypto Casinos
    • VPN Friendly Casinos
    • New Crypto Casinos
    • Offshore Online Casinos
    • Best Crypto Casinos Reddit
    • Bitcoin Poker
    • Bitcoin Betting Sites
    • Bitcoin Bingo

© 2024 CoinTrust.com.

We use cookies to ensure that we give you the best experience on our website.
If you continue to use this site you agree to allow us to use cookies, in accordance with our Cookie Policy.
I Agree