chatsimple

About Us

About Us
Get a global perspective that delivers proven results. We help businesses increase growth, lead generation and profits through effective digital marketing.

Contact Info

Philadelphia, PA United States America, 19101.

(+1) 215 - 792 - 4092

info@normbond.com

Volume of Dead Crypto Coins By Death Year 2013-2022

failed crypto coins and ICOs since 2013
READ LATER - DOWNLOAD THIS POST AS PDF >> CLICK HERE <<

From January to December 2017, the value of BTC rose 1500% – the largest one-year increase in history. As bitcoin gained value and legitimacy, trading volumes increased and hundreds of new crypto coins were issued.

In 2018, however, 751 crypto coins became defunct – the most casualties of any year. Of those, 390 failed due to lack of trade volume and 237 due to issues with fraud.

Ranked in order by percentage the coin killers were Lack of Trade Volume (66%), Scam or Fraud (22%), ICO Fail (10%) and Joke or No Purpose (1%).

Oh my, it’s a graveyard. And I think this dead crypto count is conservative (low). There are dead review sites, services and job sites. Part of the problem is many of these companies had no business case — just hoped for a cash grab and “wen moon”.

We’ll see a similar death rate for web3, DeFi, NFT and blockchain projects in the next couple of years. It’s business not personal.

Click the image below to see the full infographic from our friends at CoinKickoff. 

Norm Bond
NORM BOND is widely recognized as an international authority on marketing, social media and public relations. He's passionate about using social media and digital technology as tools for economic expansion.
Norm Bond
Norm Bond

NORM BOND is widely recognized as an international authority on marketing, social media and public relations. He's passionate about using social media and digital technology as tools for economic expansion.

Leave a Reply

Your email address will not be published. Required fields are marked*

Business Owners & Professionals

QUICK GUIDE
AI IN YOUR BIZ!

This 1-pager includes actionable steps, tips and resources to get you started.

get our quick reference guide: Implementing Generative AI in Your Business.

BUSINESS OWNERS & PROFESSIONALS

Quick GUIDE
AI IN YOUR BIZ!

 This 1-pager includes actionable steps, tips and resources to get you started.

get our quick reference guide: Implementing Generative AI in Your Business.

FREE GIFT FOR YOU!

Want Growth?

Enter Your Email

FREE GIFT FOR YOU!

Before You Go

Enter Your Email