Cryptocurrency Q&A
How many altcoins fail?
How many altcoins fail?
SamuraiCourageous
Tue Dec 31 2024
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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.
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GeishaElegance
Thu Jan 02 2025
Specifically, 5,724 cryptocurrencies from that year did not survive.
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Bianca
Thu Jan 02 2025
This represented over 70% of the cryptocurrencies listed on CoinGecko in 2021.
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Dario
Thu Jan 02 2025
As a result, 2021 became the worst year for project launches in the cryptocurrency space.
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Giulia
Wed Jan 01 2025
The trend continued into 2022, with 3,520 cryptocurrencies listed on CoinGecko dying thus far.
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