It was actually one of those projects where I was so happy to follow everyone, but after that, it was bleak.
If I remember correctly, CyberMiles (CMT) was a huge disappointment in the period following the success of the ICO.
Topic: Top Promising Altcoins That Failed? - page 2. (Read 521 times)
I don't know if anyone still cares about XVG
It was actually one of those projects where I was so happy to follow everyone, but after that, it was bleak.
If I remember correctly, CyberMiles (CMT) was a huge disappointment in the period following the success of the ICO.
It was actually one of those projects where I was so happy to follow everyone, but after that, it was bleak.
If I remember correctly, CyberMiles (CMT) was a huge disappointment in the period following the success of the ICO.
EOS? $22 ATH but now, $2. That's a 90% drop that they were not able to recover. It was a buzz when it came out in 2017 during the ICO craze. Even dubbed as the "Ethereum Killer". Now, there isn't much hype around this coin anymore, not even a few mentions of the coin's growth, and their Twitter account seems dormant since last year2021; so I guess it is safe to say this coin failed to kill Ethereum.
I believe EOS used to be focused on developing gaming and networking platforms.
but, from what I experienced, the EOS network is quite lacking, even to get the wallet, you have to pay CPU rent first to be able to get access.
In contrast to ethereum whose network is completely free to use, it is very simple without a CPU and even focuses on various platforms including gaming.
The demise of EOS also seems to have been replaced by Binance Smart Chain, Solana, Polygon as network projects that will become an alternative to ethereum and even they deserve the title of "Ethereum Killer" at this time.
I know one name which is EOS. When this coin was launched many said that this project would be an ethereum killer. but today we see EOS is not even one of the choices of the project developers. I see no one is using their network. and the price of EOS has fallen greatly. maybe these coins have lost 90% since their last ATH. in 2018-2019 eos is still in the top 10 largest marketcap. but right now EOS is way below.
In this case, I think the problem is due to too many expectations on EOS at the moment. I personally still rate this as one of the top projects, and it will take time to implement more things on the ecosystem. Maybe it's not suitable for the current trends, but in the long term, I still find a lot of potential in this ecosystem.
Ccar went from 1.8$ to crash, now the dev are nowhere to be found. It gains so much popularity to the extent that many top crypto media were talking about it, like bitcoin.com, coin desk etc to mention few. I think one of the swift ways these scammers take investors money are through p2e gaming project.
Which altcoins from the last few years where there was a lot of positive talk about it has failed? And by failed, it means either it has went to 0 or it could be worth very little. Like it could been 50 dollars at one point and now 0.50.
I know one name which is EOS. When this coin was launched many said that this project would be an ethereum killer. but today we see EOS is not even one of the choices of the project developers. I see no one is using their network. and the price of EOS has fallen greatly. maybe these coins have lost 90% since their last ATH. in 2018-2019 eos is still in the top 10 largest marketcap. but right now EOS is way below.
I don't like Tron.
It has never been a good Altcoin and is just utter trash.
Now it is rejected en masse and people are selling it off.
Complete fail project.
It has never been a good Altcoin and is just utter trash.
Now it is rejected en masse and people are selling it off.
Complete fail project.
Which altcoins from the last few years where there was a lot of positive talk about it has failed? And by failed, it means either it has went to 0 or it could be worth very little. Like it could been 50 dollars at one point and now 0.50.
I used to be very happy with Cappacity(CAPP) because it has a good AR/VR development,
and the price also explodes frequently in the hitbtc market. Actually their project is still progressing well,
but what I remember at that time was that the hitbtc market was hacked so that the market's reputation became bad and even the coins in it were affected.
Since then, I haven't followed the development of Cappacity anymore and they have completely disappeared for reasons I don't know.
I think it might be because of the market itself, because when I was still active in their community CAPP could only be traded on Hitbtc.
Dash is not dead, I wouldn’t say it is because it has a better trading volume than most Altcoins. But, it is having the same problem that most of the old coins you have in the market are having right now, they seem to be lacking growth and are now stagnant in their position without making any move forward, but rather allowing themselves to be overtaken by the new projects that are being released in the market.
That’s like the same thing that happened with Dogecoin until as of recent that is seemed to have been revived. Let’s hope that it is able to stay that way, because it is starting to seem that it is again falling back to this position.
DASH is definitely not dead. It is 82nd ranked coin as of right now, but we can say anywhere between 80 to 85 on any given day. However this was the coin in top 10 for a while, and to be 80+ sure means it is "dying" even if not dead. What we have right now in our hands is that there are coins and tokens that are newer and made with new technology, and that is why people assume that it is not bad at all and rank them higher.That’s like the same thing that happened with Dogecoin until as of recent that is seemed to have been revived. Let’s hope that it is able to stay that way, because it is starting to seem that it is again falling back to this position.
So, things like dash end up being lower because they are old tech, they did not improve themselves too much and that is why they went lower. BCH was one of them as well back in the day and that became lower too. All in all, when there is a new tech in the market and the blockchain development changes, new stuff becomes higher ranked, we just have to get used to it.
There are a lot of such coins and they are still entering the market.Those that were in the top in 2018 and did not come up with anything new, are already losing their relevance. A lot of meme coins are now . Do they have a future? I think not, because they have no value for people.
Which altcoins from the last few years where there was a lot of positive talk about it has failed? And by failed, it means either it has went to 0 or it could be worth very little. Like it could been 50 dollars at one point and now 0.50.
Also I am talking about coins that were at least in the top 50 or top 100 in coinmarketcap and then it just fell apart. I don't mean a coin that came out and everyone had praise of it and it didn't even break the top 100 on coinmarketcap.
Well, now you can hardly get news of cryptocurrencies in the market that has failed because there are now ten thousand of cryptocurrencies in the market, and the ideas are not in a by way unique, just the same old ideas being reworked on in one way or the way and presented to the public. Also I am talking about coins that were at least in the top 50 or top 100 in coinmarketcap and then it just fell apart. I don't mean a coin that came out and everyone had praise of it and it didn't even break the top 100 on coinmarketcap.
Years back, there have been lots of cryptocurrencies that came out with unique ideas and a lot of people thought that these coins were going to be very successful in the market, but at the end they failed. One I can remember is the first space coin, known as SpaceBIT, which was an ambitious project, but ag the end it still failed.
Which altcoins from the last few years where there was a lot of positive talk about it has failed? And by failed, it means either it has went to 0 or it could be worth very little. Like it could been 50 dollars at one point and now 0.50.
Also I am talking about coins that were at least in the top 50 or top 100 in coinmarketcap and then it just fell apart. I don't mean a coin that came out and everyone had praise of it and it didn't even break the top 100 on coinmarketcap.
In my experience, it was PundiX. From 10$ to now 0.7$ and from top 50 to now top 270+ in CMC. The problem occurs when they migrated to new smart contract by which investors didn't like that time added by the fall of BTC. Another thing is SOVRYN who got 82$ as ATH last May then fell to 3.9$ as of the moment. I think these two didn't failed and even deliver what was promised. The problem occurs with the market itself where investors didn't feel safe to invest and bears took over. Also I am talking about coins that were at least in the top 50 or top 100 in coinmarketcap and then it just fell apart. I don't mean a coin that came out and everyone had praise of it and it didn't even break the top 100 on coinmarketcap.
there are many promising coins, but they are not crypto if they don't give a surprise, where the SOL that we know the price did not reach from 20 $ but last year it reached in the new Ath, at 200 $ (if I'm not mistaken), so every year the trend changed so it can't be said the coin failed
EOS is the largest fundraising project in the history of cryptocurrency, with a record raising of $4.2 billion. and it advertises itself as an Ethereum Killer.
April 2018 saw EOS hit an all-time high of $22.71 and the price is currently trading at $2. There haven't been any updates on the project for a long time and EOS is slowly being forgotten. This is the most successful exit scam project in the crypto industry.
I still remember the time where we are in a group chat where we always talk about EOS and because of that, it comes to the point where I taught of borrowing money just to buy EOS. April 2018 saw EOS hit an all-time high of $22.71 and the price is currently trading at $2. There haven't been any updates on the project for a long time and EOS is slowly being forgotten. This is the most successful exit scam project in the crypto industry.
Good thing that the person who I want to borrow money with to buy EOS refuses to lend money to me because at that time, the price of EOS was at its peak (around $20). Because of that refusal, I didn't bought any EOS and it was a blessing in disguise for me. I just went in Coingecko to see the chart and it has only going downwards and no development at all. The once labeled ETH killer is now dormant with no updates.
Aside from EOS, I still remember some are talking about IOTA and its new technology "tangled" (correct me). Now the coin that is once at the top 10 is at the top 50 already (same with EOS). I can't remember some but we've seen some top coins from the past that is now at the bottom 50 or bottom 100 already for some reasons. Others are ICON, NEM and YFI.
The one that came to my mind is Dash. It was touted as the first masternode coin. In fact, mode running started with it. Now its very much dead. Poor community
is dash really dead? don't know much about this coin now. but it is indeed one of the frontrunners before.so i made a quick search about this market. and i don't think what you are saying that it is dead, is true. have you checked its current trading market? it is still much better with other alts. it is still being traded in a various trading platforms with decent volume. but have no idea with their recent developments though.
That’s like the same thing that happened with Dogecoin until as of recent that is seemed to have been revived. Let’s hope that it is able to stay that way, because it is starting to seem that it is again falling back to this position.
Which altcoins from the last few years where there was a lot of positive talk about it has failed? And by failed, it means either it has went to 0 or it could be worth very little. Like it could been 50 dollars at one point and now 0.50.
Just mentioning a few that I remember, because too many.
Usually these coins are often encountered as masternode coins such as agricoins.
but not all of them mean all masternode coins will just go bankrupt, there are some popular tokens that
once followed them also disappeared when they were famous, they are amepay, bonpay, canya and many more.
At least the tokens have been in the top 100 on coinmarketcap, but they had to disappear due to extreme market conditions.
Which altcoins from the last few years where there was a lot of positive talk about it has failed? And by failed, it means either it has went to 0 or it could be worth very little. Like it could been 50 dollars at one point and now 0.50.
Just mentioning a few that I remember, because too many.
Usually these coins are often encountered as masternode coins such as agricoins.
but not all of them mean all masternode coins will just go bankrupt, there are some popular tokens that
once followed them also disappeared when they were famous, they are amepay, bonpay, canya and many more.
At least the tokens have been in the top 100 on coinmarketcap, but they had to disappear due to extreme market conditions.
Hey. What other masternode coins are you speaking of?
Some masternode coins like thesestratis, energi and many more. There are many masternode coins that have been going to the bottom. This may become another problem for sure.
Yes i recall ark and lisk and they were high in the top marketcap a while back.
yeah and due to the strict competitions and those platforms didn't have proper development progress and then they are being dumped by their investors right now. They can be considered as failed project as well.
The one that came to my mind is Dash. It was touted as the first masternode coin. In fact, mode running started with it. Now its very much dead. Poor community
is dash really dead? don't know much about this coin now. but it is indeed one of the frontrunners before.
so i made a quick search about this market. and i don't think what you are saying that it is dead, is true. have you checked its current trading market? it is still much better with other alts. it is still being traded in a various trading platforms with decent volume. but have no idea with their recent developments though.
The one that came to my mind is Dash. It was touted as the first masternode coin. In fact, mode running started with it. Now its very much dead. Poor community
Which altcoins from the last few years where there was a lot of positive talk about it has failed? And by failed, it means either it has went to 0 or it could be worth very little. Like it could been 50 dollars at one point and now 0.50.
There are countless promising talks that we encounter last year and countless of them went off too quick. Not a surprise as many scam projects really be going that way as the project itself will never grow by just a promising words but it must consist with the usefulness of the projects which is actually missing with them. Quote
Also I am talking about coins that were at least in the top 50 or top 100 in coinmarketcap and then it just fell apart. I don't mean a coin that came out and everyone had praise of it and it didn't even break the top 100 on coinmarketcap.
Defi projects, Memecoins, and many from hypes projects will turn down after reaching the peak. Quite very common to see this and only valuable coins that have a use-case will survive. Jump to: