How many coins/tokens do you think will survive in 2021? - page 6.

acener

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Quote from: Rehan Zakir on January 01, 2021, 01:14:06 PM

I think that only 10% coins/tokens that would be able to survive and will be worth investing in 2021.
There are currently 2400 tokens that are known and many unknown to anyone. By the end of the year 2020, at least 100-200 new tokens will be created. Every day in the world there are 5 new airdrops. I think it is not realistic to calculate. But I'm pretty sure new tokens are being created more than they are being deleted.
But we have to buy only good market capitalization coins. Don't invest money in shit coins.

Just as you've said there would be more to come so we couldn't really say how many would survive,
But we are sure that the top crypto would still be part of those who would survive for me it is already clear unless there would be a huge issue that would totally destroy them.
There are already so many shitcoins and there are more to come and we could expect that some crypto who have value today could become worthless tomorrow.

Rehan Zakir

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Quote from: BigBoy89 on January 01, 2021, 07:54:32 PM

Quote from: Rehan Zakir on January 01, 2021, 01:14:06 PM

I think that only 10% coins/tokens that would be able to survive and will be worth investing in 2021.
There are currently 2400 tokens that are known and many unknown to anyone. By the end of the year 2020, at least 100-200 new tokens will be created. Every day in the world there are 5 new airdrops. I think it is not realistic to calculate. But I'm pretty sure new tokens are being created more than they are being deleted.
But we have to buy only good market capitalization coins. Don't invest money in shit coins.

It's not about the number or percentage.

IMO every token with real-life usage and a real team behind will not only survive but thrive in 2021 due to the enormous volume and prices. If you but your money on the next DeFi copycat, you may not be so happy about the result, but if you choose a real project, you may see good earnings.

The DEFI projects are very highly volatile coins such as YFI. whose price is near to the bitcoin price.
So, long term investment is very risky. The 10% of the total coins means that the only top market capitalizaton coins are good for long term investment for a newbie in crypto market.
But if you are a professional trader than you can also earn money through small projects.
The small coins are risky because the market manipulators can easily manipulate the price of small coins and after they take profit they start dumping and as a result these coins lose their value.

TravelMug

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Quote from: Rehan Zakir on January 01, 2021, 01:14:06 PM

I think that only 10% coins/tokens that would be able to survive and will be worth investing in 2021.
There are currently 2400 tokens that are known and many unknown to anyone. By the end of the year 2020, at least 100-200 new tokens will be created. Every day in the world there are 5 new airdrops. I think it is not realistic to calculate. But I'm pretty sure new tokens are being created more than they are being deleted.
But we have to buy only good market capitalization coins. Don't invest money in shit coins.

Survived, others die, but with the current bull run expect that there will be projects popping like mushrooms, similar to 2017, so I don't think that 10% will survived in this current state of the market.

Of course there will be shitcoins and it might take years before they officially die or delisted by exchanges. The people behind will create hype just to be able to stay afloat and then the fraudulent practice of pump and dump to keep them alive.

BigBoy89

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Quote from: Rehan Zakir on January 01, 2021, 01:14:06 PM

I think that only 10% coins/tokens that would be able to survive and will be worth investing in 2021.
There are currently 2400 tokens that are known and many unknown to anyone. By the end of the year 2020, at least 100-200 new tokens will be created. Every day in the world there are 5 new airdrops. I think it is not realistic to calculate. But I'm pretty sure new tokens are being created more than they are being deleted.
But we have to buy only good market capitalization coins. Don't invest money in shit coins.

It's not about the number or percentage.

IMO every token with real-life usage and a real team behind will not only survive but thrive in 2021 due to the enormous volume and prices. If you but your money on the next DeFi copycat, you may not be so happy about the result, but if you choose a real project, you may see good earnings.

eucalyptus

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Thousands of cryptocurrencies in the market and plus many scam projects. This is madness. Just create a token with an idea with erc20. I hope we will get rid of many shitcoins in the market and I hope 10% of them will survive.

Yamifoud

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Certainly don't have any clue how many will survive but it is to believe only those coins that survive last year will also be the same. Those low volume coins will probably not to see anymore, well, that sounds harsh but we don't need to be hopeful with them because they are already considered as dead.

Maybe, it was the time to give up and throw away those dead coins that have been in our wallets for a very long time. We can't think that they will show a miracle, it doesn't exist.

jademaxxiss012

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There are many crypto in the market and still counting but I would not say survive its because the characteristics of the coins may depend on its utility or use. Other crypto may take longer time before it would bloom to the next level or will gone good in terms of its market. It just need some time, marketing and other strategy to gain their community the interest.

create_crypto

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A lot of projects duying many years didn`t even reaching coinmarketcap. There was a rule you must be listed on a two exchanges to be listed on coinmarketcap. So many projects invested all money in development of a project and didn`t ever noted that they must also pay for a listing on even a shit exchanges. And sometimes we talking about money much more than have a whole team of devs for example from not reach country.

Thanks to Uniswap it is now changed, every token with also a good technology could be listed for free. And now coinmarketcap also accepting these coins, listed just on Uniswap.

Rodeo02

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Quote from: blockman on January 01, 2021, 05:00:17 PM

Quote from: Rehan Zakir on January 01, 2021, 01:14:06 PM

But I'm pretty sure new tokens are being created more than they are being deleted.

There are also tokens that are dying because of the low demand and almost no support left anymore from its investors and mainly from the developers. The surge in the creation of token is still expected because the market is in the surge, they'll just join the defi hype.
But not that many of them will be highly appreciated by everyone and they're likely to fail than to succeed.

True , if you follow many tokens from before more of them is now dead or almost no volume created in exchange. when that happens he will most likely be deleted in the exchange or being delisted, since it will not add any more volume and the exchange doesn't have any other option than to removed it there. and that was the time it will start to lose its value and record in CMC.

Maybe you just didn't notice but a lot has happened like that and a lot of coins have just disappeared from circulation when you start reviewing old project.

Wysi

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I don't think only 10% tokens or altcoins will survive as we are witnessing new projects with better technical contribution towards the crypto world but most of the them failed to sustain due to be as bearish market but now things have improved which will pump the value of altcoins. Yes there are worthless tokens as well who will gradually go out of business once investors stop showing interest but 10% is too low to be honest.

blockman

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Quote from: Rehan Zakir on January 01, 2021, 01:14:06 PM

But I'm pretty sure new tokens are being created more than they are being deleted.

There are also tokens that are dying because of the low demand and almost no support left anymore from its investors and mainly from the developers. The surge in the creation of token is still expected because the market is in the surge, they'll just join the defi hype.
But not that many of them will be highly appreciated by everyone and they're likely to fail than to succeed.

Akiko

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Quote from: Rehan Zakir on January 01, 2021, 01:14:06 PM

I think that only 10% coins/tokens that would be able to survive and will be worth investing in 2021.
There are currently 2400 tokens that are known and many unknown to anyone. By the end of the year 2020, at least 100-200 new tokens will be created. Every day in the world there are 5 new airdrops. I think it is not realistic to calculate. But I'm pretty sure new tokens are being created more than they are being deleted.
But we have to buy only good market capitalization coins. Don't invest money in shit coins.

We have thousand of crypto currency in the market so iwill not agree of 10% In my opinion it's only 1-3% of them will survive for long term. More of them is just a shitcoins that want to grab people's money and no long term plan at all .they are just being manipulated in price because of hype but in the long run they will lost its value and that's proven already from the past altcoin we have before.

Rehan Zakir

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I think that only 10% coins/tokens that would be able to survive and will be worth investing in 2021.
There are currently 2400 tokens that are known and many unknown to anyone. By the end of the year 2020, at least 100-200 new tokens will be created. Every day in the world there are 5 new airdrops. I think it is not realistic to calculate. But I'm pretty sure new tokens are being created more than they are being deleted.
But we have to buy only good market capitalization coins. Don't invest money in shit coins.

Topic: How many coins/tokens do you think will survive in 2021? - page 6. (Read 1151 times)