Almost a thousand of altcoin projects are “dead” at the at year-end, according to data from industry news and information portal 99bitcoins. Meanwhile, Bitcoin has come back after “burial” in press 90 times.
Dead Coins are the assets which failed due to scams, hacks or which became “deceased,” along with “parody” coins which served no sincere purpose, according to their criteria.
The total number of altcoins which will likely never return has now reached 934. The total number of cryptocurrencies with a measurable market cap is currently 2,073, data from CoinMarketCap shows.