Cryptocurrency Failures Over the Years: Shocking Numbers Revealing Market Evolution



When you follow the development of the cryptocurrency market, you discover a frightening truth: the number of failed and vanished coins is increasing at an astonishing rate. The numbers in recent years are truly unbelievable.

In the early days of Bitcoin in 2014, only about 8 coins failed. But the situation started to change rapidly. 2015 saw 25 coins fail. By 2016, the number reached 38. The following year, 2017, saw a jump to 80 failed coins.

Then came 2018, breaking the entire record: 130 coins failed. But this was not the worst. In 2019, we reached 350 failed coins. The numbers became truly terrifying in 2020 with 990 coins leaving the market. And in 2021, the shocking number: 2600 coins failed and disappeared.

This acceleration reflects the huge gap between media hype and market reality, and how most projects cannot sustain themselves for long. Analysts were also not immune: some failed in their predictions every year.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 5
  • Repost
  • Share
Comment
0/400
NeverVoteOnDAOvip
· 6h ago
2,600 coins have died? Haha, this is the real crypto world. Those boastful analysts' faces have turned green.
View OriginalReply0
SatoshiHeirvip
· 6h ago
It is worth pointing out that this data precisely proves my long-standing assertion — the brutal market淘汰机制 is actually筛选 projects with genuine value consensus. The number 2600 may seem shocking, but on-chain data indicates that this is an inevitable process of生态自净. --- Laughing, another fear-mongering headline. Does anyone still not understand: 90% of coins are doomed. --- Let's return to the original thinking of Satoshi Nakamoto's white paper: most imitators lack technical fundamentals,淘汰 is just a matter of time. This is no coincidence. --- Gentlemen, listen to me, this is not failure, but a wonderful evolution. As Darwin said... --- In the wave of 2021, I saw through it. Most projects are essentially just fiat currency thinking wrapped in a shell; without establishing genuine value consensus, how can they survive? --- It is obvious that the author of the article混淆了概念 — project failure ≠ token failure. Undoubtedly, truly valuable projects will never perish. --- According to the logic of the white paper, this number is actually a bit低.
View OriginalReply0
token_therapistvip
· 6h ago
2600 coins wiped out instantly, this number is really incredible... I was just wondering why I'm always being cut off every time.
View OriginalReply0
SchroedingersFrontrunvip
· 6h ago
Are the 2,600 projects from 2021 real? It seems like the numbers are exaggerated.
View OriginalReply0
SoliditySurvivorvip
· 6h ago
2,600 coins dead? lol I knew 99% were trash long ago --- Really, from 8 to 2,600... this growth rate is ridiculously fast, it feels like the entire circle is just cutting leeks --- So I just HODL Bitcoin and that's it, don't touch anything else --- Looking at this data makes me a bit anxious... but it also shows that the big waves wash away the sand --- Analysts have all flipped out haha, who the hell said they could predict this thing --- In 2021, it suddenly surged to 2,600... are we really all fools? --- No wonder so many people lost everything, this track is indeed dangerous --- By the way, how many of these failed projects were rug pulls?
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • بالعربية
  • Português (Brasil)
  • 简体中文
  • English
  • Español
  • Français (Afrique)
  • Bahasa Indonesia
  • 日本語
  • Português (Portugal)
  • Русский
  • 繁體中文
  • Українська
  • Tiếng Việt