DeadCoins (Taking a Look at the Cryptocurrency Graveyard)


Deadcoins.com offers a list of every crypto that didn’t make it. Taking a look at the cryptocurrency graveyard can be a sobering reminder that not every crypto recovers.

Essentially what you’ll find are:

  1. Coins that were popular but just didn’t stand the test of time, like Tenebrix and FairBrix. These stand as a reminder that what is popular today won’t necessarily survive the next cycle.
  2. Coins that were never popular and then fizzled out and died, like solid coin. This stands as a reminder that not every ICO or new token is fit to HODL.
  3. Coins that got hacked and died that way, like UltraNote (a DigitalNote fork). Even a great project can be doomed by a hack… that said, UltraNote was not a great project and the reality is even massive hacks don’t typically take down the best coins (ETC is a great example).
  4. Scam coins like Bitcoonneeeeeeeect that made some people bank and ruined many more. This stands as a reminder that some cryptos really are scams.
  5. Joke coins like Useless Ethereum Token. Joke coins are often clearly marked as a joke, sometimes they become big like Doge, usually they drift away down the river of shhcoins. This stands as a reminder not to spend your crypto on coins that are created as a joke.

In all Deadcoins.com is a good resource and a good reminder that while many coins stand the test of time, some coins really do die.

 

Author: Thomas DeMichele

Thomas DeMichele has been working in the cryptocurrency information space since 2015 when CryptocurrencyFacts.com was created. He has contributed to MakerDAO, Alpha Bot (the number one crypto bot on Discord),...