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Topic: How many coins/tokens do you think will survive in 2021? - page 4. (Read 1151 times)

legendary
Activity: 3346
Merit: 1128
i hope people are now smarter than before. look at those projects holding their ico these days, very rare that you will encounter a project that raised their targets. most of them can't move forward because they failed to raise funds.
so that's a good sign over there. people dont trust anymore this type of fundraising. actually, the OP is already very generous about stating that about 10% will survive, i believe it is lower than that. look at the current list of coins or tokens. how many of them are existing for at least couple of years?
I am agree with your opinion. Many people lost their funds in shit coins projects. But many people now know which projects to invest in and which not. Such people are always looking for a good project in which they invest and earn good profit. But peoples who new come to the market are still victims of these fake projects. Therefore, it should be verified before buying any company's coin
It is not an easy talent to have, it is definitely one of the hard ones, it takes time to actually be like that. I think investing into projects early on is one of the most risky things you could do in the crypto world, but if you are right and you get it right you are going to end up with some huge amazing return. However doing that is not easy, because you will have to see and learn about how a project could be good or not, why it could be good and what makes it good, after you learn these things with countless projects and see which ones happen to go up and which ones happen to go down, you will be capable of starting.

This requires you to research hundreds of projects without investing, and checking on them constantly to see what they are doing and how they are doing. If you can wait that long and work that hard without profiting at all, you will learn the best of them.
member
Activity: 812
Merit: 53
every month are dozens of tokens/coins that die or appear...
I have noticed that the number of tokens/coins on the market has continued to increase since 2016 and has not decreased at all. This year the number of cryptocurrencies will definitely increase a little.

This is going to be the issue, as old ones die there will be 3x more created.  It's going to be the most insane ponzi scheme you have ever seen because of the current economic times.  People really need to be careful.

i hope people are now smarter than before. look at those projects holding their ico these days, very rare that you will encounter a project that raised their targets. most of them can't move forward because they failed to raise funds.
so that's a good sign over there. people dont trust anymore this type of fundraising. actually, the OP is already very generous about stating that about 10% will survive, i believe it is lower than that. look at the current list of coins or tokens. how many of them are existing for at least couple of years?
I am agree with your opinion. Many people lost their funds in shit coins projects. But many people now know which projects to invest in and which not. Such people are always looking for a good project in which they invest and earn good profit. But peoples who new come to the market are still victims of these fake projects. Therefore, it should be verified before buying any company's coin
hero member
Activity: 2436
Merit: 503
Cryptocasino.com
This is going to be the issue, as old ones die there will be 3x more created.  It's going to be the most insane ponzi scheme you have ever seen because of the current economic times.  People really need to be careful.
I do agree with your statment but the only party that can prevent it to happen is the code developers of platform. They can put strict requirement to issue the asset on their platforms but this will give a very big impact just like there will be less people use it.
The demand will be going to the new platform that has less restriction for the assets issuance.
legendary
Activity: 3122
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
every month are dozens of tokens/coins that die or appear...
I have noticed that the number of tokens/coins on the market has continued to increase since 2016 and has not decreased at all. This year the number of cryptocurrencies will definitely increase a little.

This is going to be the issue, as old ones die there will be 3x more created.  It's going to be the most insane ponzi scheme you have ever seen because of the current economic times.  People really need to be careful.

i hope people are now smarter than before. look at those projects holding their ico these days, very rare that you will encounter a project that raised their targets. most of them can't move forward because they failed to raise funds.
so that's a good sign over there. people dont trust anymore this type of fundraising. actually, the OP is already very generous about stating that about 10% will survive, i believe it is lower than that. look at the current list of coins or tokens. how many of them are existing for at least couple of years?
member
Activity: 70
Merit: 32
every month are dozens of tokens/coins that die or appear...
I have noticed that the number of tokens/coins on the market has continued to increase since 2016 and has not decreased at all. This year the number of cryptocurrencies will definitely increase a little.

This is going to be the issue, as old ones die there will be 3x more created.  It's going to be the most insane ponzi scheme you have ever seen because of the current economic times.  People really need to be careful.
sr. member
Activity: 2520
Merit: 366
Catalog Websites
every month are dozens of tokens/coins that die or appear...
I have noticed that the number of tokens/coins on the market has continued to increase since 2016 and has not decreased at all. This year the number of cryptocurrencies will definitely increase a little.
full member
Activity: 926
Merit: 100
Currently only coins that have loyalty and are active are able to survive in the world of cryptocurrency, very many coins have survived until now and have enormous popularity, for example, BTC, ETH, Litecoin, I am sure everyone will not doubt that  The three coins above are to be used as long-term and short-term investments, indeed at this time there are so many new coins popping up but it will not guarantee that these coins will last until when,
member
Activity: 812
Merit: 53
I think 10% is still high since we already have many coins and they're not worth to buy. They're slowly dying due to low demand and the big facts are all these coins are already been replaced by all bitcoins. People often consider these coins have shitcoins because they know these coins never gives them profit. I've never touched any of these coins but I highly prefer for bitcoins

You are saying right. Bitcoin is the most preferable coin then the other altcoins. Few top market capitalization coins after the bitcoin are good for buying such as ethereum, ripple, litecoin, tron, stellar, bnb etc.
Due to the increase in the bitcoin dominance the small market capitalization coins are dying. So, we called them as a shit coins.
legendary
Activity: 3108
Merit: 1029
there are 8222 active coins in coinmarketcap.
in the end of 2021 there will be more than 10.000 active coins, but more than 4000 will be new.
2000 coin in my opinion will rekted until eof 2021
They are all not active coins dude. You must take 80% from the total coins that registered on CMC as the active coins. When there was a new coin and the old one being abandoned by the developers. it says that so many coins were dead. You should take a look at the coins that placed at the top 1000 or more.
I guess you will see a lot of dead coins.
legendary
Activity: 2772
Merit: 1028
Duelbits.com
It doesn't worth spending a big amount for investing in the altcoins because almost 90% of the listed altcoins will disappear in a year. The majority of the altcoins will not even give back the base investment amount, so I will avoid buying more alts unless I wanna melt the trading account balance. I prefer to wait for the BTC price drop and but in 3 steps for the next bull trend.
member
Activity: 1050
Merit: 18
there are 8222 active coins in coinmarketcap.
in the end of 2021 there will be more than 10.000 active coins, but more than 4000 will be new.
2000 coin in my opinion will rekted until eof 2021
sr. member
Activity: 958
Merit: 265
I think 10% is still high since we already have many coins and they're not worth to buy. They're slowly dying due to low demand and the big facts are all these coins are already been replaced by all bitcoins. People often consider these coins have shitcoins because they know these coins never gives them profit. I've never touched any of these coins but I highly prefer for bitcoins
hero member
Activity: 2128
Merit: 530
PredX - AI-Powered Prediction Market
I think all the coins and tokens in the market will survive 2021 because we are in a bull market and there will be a lot of pump and dump on the way, but long term in the coming circle, I have a feeling 50% of the current tokens would have died then. Thanks we have passed the level of white paper projects but a lot still need to be done to attract users not gamblers to the space
legendary
Activity: 2772
Merit: 1127
I think it will be hard to survive for any token that is based on Ethereum. I was shocked that I was offered to pay around 20$ just for a regular transaction. It wont be a lot of issues for trades on exchanges, but there definitely will be a lot of difficulties for transactions aka buying any projects token for investors. Even big investors will feel that transaction fee price growth, if the usually do a lot of transactions.

That's kills project that don't have chain to deal with, most of erc tokens will die if the gas fees for ETH will continue to be like this.

Without the willingness of every investors to gamble taking the risk those projects will die eventually. It needs to find good solution

for this nonetheless more projects will suffer.
Many people assumed ethereum chain tokens will be gone with eth fee going up, but that didn't happen, they still continue to dominate the market anyway, and binance chain is going awesome as well which is not that cheap neither honestly. So, I think the fee is a big problem but not big enough to completely destroy things, it is still something that will disturb the market, or maybe not let it go high enough, but it is still something that doesn't stop it for sure.

I believe this is something that bothers only a few amount of investors, others are still getting into it, they realize its high and they want it lower but they do not stop because of it, I don't know if there is a name for being bothered by something but still going on anyway even when bothered, if there is a name, the fee situation is like that. I believe staking will make it even better in the future.
sr. member
Activity: 1050
Merit: 252
I think it will be hard to survive for any token that is based on Ethereum. I was shocked that I was offered to pay around 20$ just for a regular transaction. It wont be a lot of issues for trades on exchanges, but there definitely will be a lot of difficulties for transactions aka buying any projects token for investors. Even big investors will feel that transaction fee price growth, if the usually do a lot of transactions.

That's kills project that don't have chain to deal with, most of erc tokens will die if the gas fees for ETH will continue to be like this.

Without the willingness of every investors to gamble taking the risk those projects will die eventually. It needs to find good solution

for this nonetheless more projects will suffer.
hero member
Activity: 3024
Merit: 629
Only those tokens/coins who can manage the bear market can survive for years. We have many existing coins in the market but only 20-30% of them has use case and working to solve real problem. Some coins are just there for a temporary pump and will turn to shitcoins after the bullrun because coins without real purpose are going to die when the bearish market take over.

New coins are created continuously but it doesnt mean they are worthless, it depends on its purpose. There are still hidden gem in these kind of coins but if you want to be certain when it comes to your investment then choose the well-establish coins and stick to it.
member
Activity: 812
Merit: 53
I doubt that 10% or even 20% of coins or tokens will be left.
They always find new ways to create another token even with a repeated project or feature.
It will stay. Offering more BS to the investors just to prolong the scam.  Grin

Stay with the old ones but good ones. It will be safer that way.

Some new projects introduces itself with a new technology and with a new concept.
But most of the total market capitalization is in the old coins. We invest huge amount in old coins such as (litecoin, bitcoin, ethereum etc.) to get good returns. Because these coins are trusted coins.
We have to notice the purpose of the  coins and its total supply before any investment. Because these factors increase the price of coin.
sr. member
Activity: 1372
Merit: 252
This is where having a use case can not be over emphasis, longevity plays also a vital role in establishing a project, there are too many baseless project without no particular cause of action, not adding value to blockchain, simply worthless in every sense, those project will be washed away in no time,  even those with a use case are finding it difficult to sustain the project as a result of lack of real demand for it,
only time will tell which among the very many we have that will survive.
can't be sure at this point we can only see bull run happening till now for some coins that cannot take advantage of this situation is certainly a bad coin
and don't invest in there stay focused on the top coins as the bulls continue at the moment if you want to make a profit
hero member
Activity: 2562
Merit: 577
This is where having a use case can not be over emphasis, longevity plays also a vital role in establishing a project, there are too many baseless project without no particular cause of action, not adding value to blockchain, simply worthless in every sense, those project will be washed away in no time,  even those with a use case are finding it difficult to sustain the project as a result of lack of real demand for it,
only time will tell which among the very many we have that will survive.
legendary
Activity: 2520
Merit: 1218
I think it will be hard to survive for any token that is based on Ethereum. I was shocked that I was offered to pay around 20$ just for a regular transaction. It wont be a lot of issues for trades on exchanges, but there definitely will be a lot of difficulties for transactions aka buying any projects token for investors. Even big investors will feel that transaction fee price growth, if the usually do a lot of transactions.
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