Crypto projects tokens currently have an average lifespan of 15 months. 90% of blockchain projects with tokens fail. One more reason why chasing 100x alts probably won't work
CoinKickOff performed an analysis of token data. The methodology involves defining dead coins as those with failed ICOs, less than $1000 volume in three months or fraud/scam. From their data they determined that the average lifespan of a token is 15 months. They also determined from 2022's data that 9/10 projects and tokens will fail.
Because of the short lifespan, the older a token/coin is, the more likely it is to fail. Thus, older coins/tokens are much more likely to die. It also speaks to the short term memory and hype/FOMO attitude of traders who chase the new shiny token on the block. 75% of tokens from 2014 are defunct.
This of course shows how fickle traders are and the facts that so many tokens produced are just garbage or badly-thought out. It also proves that the vast majority of those who chase the next 100x altcoins will only be left holding bags.
This of course shows how fickle traders are and the facts that so many tokens produced are just garbage or badly-thought out. It also proves that the vast majority of those who chase the next 100x altcoins will only be left holding bags.
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KingNY-Life : It's all a scam. Every project token issuance is a game of money fraud. People have already seen it through, so it's hard for new projects to survive in the future. They don't have a market anymore. If you still believe that digital currencies are in the top 20 by market capitalization, don't buy anything else because they will eventually disappear.