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Blockchain research platform, LongHash, analyzed the list of the so-called dead crypto coins. It found out that the most common reason behind their decline was abandonment from investors. Consequently, they saw their price falling to zero or close to that.
Generally, investors would depart from a project when it ceases to have a relevant utility or cannot remain competitive. Play Now! Interestingly, the second biggest group of unnecessary tokens is related to alleged scams. Thus, about one-third of all projects from Coinopsy — a site that lists dead crypto coins — were alleged scams. Bitcoin hit its record high at the time. Elsewhere, the number of scams surged over five times compared to We have previously analyzed the Github activities of different coins.
We have used the Contora Tool to find dead coins based on the number of contributors on Github over the last three months. DOGE has lost It occurred at the predetermined height of block , on November 24, BCD has lost DAD Chain claims itself to be a new generation of decentralized advertising blockchain dedicated to building the infrastructure to connect global advertisements. DAD has lost It was launched in January with no pre-mine process.
MONA has lost Get more here Top Dead Coins in. In our last article, we discussed Bitcoin Gold. Now, in this article, we have discussed Bitcoin Diamond, where we have seen similar results like Bitcoin Gold. Similarly, we have discussed about 2 meme coins, i. Here is the link to the Spreadsheet: In the below portion of this article, we have selected a few notable dead crypto projects based on our criteria so that our readers can get an idea of different types of dead coins.
It was created as a fun, light-hearted cryptocurrency that would have greater appeal beyond the core Bitcoin audience since it was based on a dog meme. Tesla CEO Elon Musk has posted several tweets on social media around Dogecoin, which has boosted its popularity and its price. Given below is the Number of Contributors to the date graph since this project was started on GitHub. This project has a total of contributors from 30th August to 14th May Now, if we see the case of active contributors, then there were 3 active contributors in February But, if we discuss about the present situation, this project has Zero Active contributors.
This project has a total of 13, commits from 30th August to 14th May Now, if we see the case of the last three commits, then the results are shocking. The last three commits were on the 7th, 6th, and 5th of November But, if we discuss about the present situation, this project has Zero commits in and only two commits in Our Readers can verify this information very quickly after seeing the graph below. Zero commits in We would like to credit Contora for these amazing graphs which we have used in our GitHub analysis.
It has a circulating supply of ,,, DOGE coins and a maximum supply is not available. We can see how the price of DOGE has decreased drastically. The price of 1 DOGE was equivalent to 0. We can see the decrease in the price of DOGE easily. Given below is the Reddit Sentiment to week graph of this project from 24th January Although, sentiments of this project are decreased from 0. There is no sudden increase in the members of the group.
As our readers can see below, this project has very good amount of mentions on Reddit in the last month. Reddit Mentions Count We would like to credit Contora for these amazing graphs which we have used in our Reddit analysis.
Twitter: Given below is the Twitter Mentions graph from 1st February There is no sudden increase in the members of this group. It implemented changes, including a new proof of work algorithm to deter attacks on the network and segregation of transaction signatures from transactions on the chain for additional capacity which allowed a greater number of transactions per second on the network as a whole. Given below is the Number of Contributors to date graph since this project was started on GitHub.
This project has a total of 18, commits from 30th August to 14th May The last three commits were on 30th, 29th, and 28th April But, if we discuss the present situation, this project has Zero commits in and also Zero commits in and Number of Commits We would like to credit Contora for this amazing graphs which we have used in our GitHub analysis.
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