Cardano Ranks Top Among Blockchain With the Most Dead Coins: Report
cryptonews.net
a recent report by AlphaQuest, Cardano is among the top chains hosting “Dead Coins.” The research group analyzed over 12,000 crypto projects, arriving at some crucial conclusions, including the death of most of those projects. 72% of all crypto projects created during the 2020-2021 bull run have die
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- a recent report by AlphaQuest, Cardano is among the top chains hosting “Dead Coins.” The research group analyzed over 12,000 crypto projects, arriving at some crucial conclusions, including the death of most of those projects.
- 72% of all crypto projects created during the 2020-2021 bull run have died.
- t Cardano and Terra ecosystems are among the top 10 categories with the most dead coins.
- average lifespan of most crypto projects lasts only three years.
- classified the crypto projects using four distinctive criteria. They include low trading volume/liquidity, inactive/deleted X accounts, down websites, and delisting from CoinMarketCap.
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