Terra and Cardano among the top 10 ecosystems with the most “dead coins”
According to a recent report by AlphaQuest Research, the Terra and Cardano ecosystems are among the top 10 categories with the most dead coins, with 74% of projects in the Cardano ecosystem being "inactive". The report states that nearly 60% of inactive tokens will disappear between 2020 and 2023. After analyzing over 12,000 cryptocurrency projects, AlphaQuest reveals that most of these cryptocurrencies have either been delisted from CoinMarketCap, have low liquidity and trading volume, or have deactivated Twitter accounts and websites.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
A whale address that bought the bottom of TRUMP 3 days ago sold out 7 hours ago, losing $590,000
Swarms: Proposal is being introduced to increase team stake from 2% to 10%
Trump: Tariffs will be imposed on chips, oil, natural gas, steel and other goods
Trending news
MoreCrypto prices
More
