Cryptocurrency Q&A
How many altcoins fail?
How many altcoins fail?
SamuraiCourageous
Tue Dec 31 2024
|
6 answers
1676
I'm wondering about the success rate of altcoins. Specifically, I want to know how many of them actually fail. It seems like a lot of cryptocurrency projects don't make it in the long run, but I'd like to have some concrete numbers.
6 answers
Nicola
Thu Jan 02 2025
In 2021, a staggering number of cryptocurrencies failed.
Was this helpful?
323
79
GeishaElegance
Thu Jan 02 2025
Specifically, 5,724 cryptocurrencies from that year did not survive.
Was this helpful?
231
38
Bianca
Thu Jan 02 2025
This represented over 70% of the cryptocurrencies listed on CoinGecko in 2021.
Was this helpful?
116
56
Dario
Thu Jan 02 2025
As a result, 2021 became the worst year for project launches in the cryptocurrency space.
Was this helpful?
384
80
Giulia
Wed Jan 01 2025
The trend continued into 2022, with 3,520 cryptocurrencies listed on CoinGecko dying thus far.
Was this helpful?
302
85
Load 5 more related questions
