Hi,
Is there anyone who knows how much coins are announced every day? It was like a coin or two per day the last year, but now it seems that so much new are around.
BR,
Gondel
Is there anyone who knows how much coins are announced every day? It was like a coin or two per day the last year, but now it seems that so much new are around.
BR,
Gondel
Between February 1st and March 31 2014 there were 198 Altcoin Launches from a rough report I made.
It has been lower in April.
And how much actually survived somehow?
BR,
Gondel
I don't know for sure but I would say survival rates are very low. I think CryptoCoinRank.com is keeping a list of 'dead coins.' If they do they might be able to add a survivability index based on historical data.
I think it might open some eyes about the real chance of a new altcoin thriving.
And I agree with the poster above me, the market got even more competitive in April. Followed by heavy adoption of ASIC and FPGA and we are looking at a very turbulent time for altcoins. Only strong teams and communities will survive.
