I'm wondering if a coin's value can completely drop to zero. Is it possible for a coin to become worthless in the market, or does it always maintain some value?
7 answers
SumoStrength
Thu Nov 28 2024
When a cryptocurrency reaches a value of zero, it signifies a complete depletion of its worth.
WhisperEcho
Thu Nov 28 2024
This occurrence indicates that the digital asset has lost all its market value.
Daniele
Thu Nov 28 2024
Essentially, it means the crypto has become worthless in the eyes of investors and traders.
CryptoGladiator
Thu Nov 28 2024
Such a scenario typically happens when there is a lack of demand for the cryptocurrency.
KatanaSharpened
Wed Nov 27 2024
Without buyers willing to purchase the crypto, its price continues to decline until it reaches zero.