Top Promising Altcoins That Failed? | Bitcointalksearch.org

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Quote from: jerry0 on December 08, 2023, 03:31:48 PM

Did all promising altcoins that failed go to zero or they still exist but $0.01 or $0.000001?

actually a lot of the altcoins mentioned here, aka the ones that were promising but crashed, still have value higher than usd 0.01 some of them are priced from 0.5 to 0.8 i guess the concept of “failed” is if it did not reach the expected price or it did not surpass its ath and not its price going to 0 if the altcoins were promising well people must have flocked and now maybe they’re still hoping

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Quote from: jerry0 on March 02, 2022, 06:13:49 PM

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.

\
what do you care ?

Will this be helping any of us for some reason ? why digging those dead coins or those failed project not unless you are willing to buy and invest in those coins?

this will only brings frustration and bad remembering to those people that invested on those project .

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Quote from: jerry0 on December 08, 2023, 03:31:48 PM

Did all promising altcoins that failed go to zero or they still exist but $0.01 or $0.000001?

As far as I know all promising projects that failed are still available in market and acting as a meme coin. There is no usecase and no team who care the project. There are so many examples in the crypto market. Luna is the one, one can check that despite of projects failed, token is still available but not with the price which a promising projects should have.

Luna classic is still available for trade in many big exchanges Binance, Kucoin etc. FTX,USTC,SLP, GMT are also available in the market and everyone knows that all these projects were known as top class projects but now no one will be happy to buy it because trend over and projects lost value .

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I can always remember XRB Nano or Railblocks. Its price skyrocketed to $33 per coin, and it even entered the top 100 on CoinMarketCap. However, due to the hack on the BitGrail exchange, where almost 17 million Nano were stolen, its price plummeted, and it has never recovered since. All the XRB I had back then was acquired through solving captchas, which rewarded me with XRB. I sold them after the news of the BitGrail hack.

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Quote from: Romeotom on December 08, 2023, 01:49:36 PM

It’s really unexpected for some top altcoins always failed Durning bull market but not toper. You can see ton, btc, eth, ada, bnb which best move there roadmap. If a project has many developed day by day then this token price will not Fail so be cool and try to buy toper currency before during bull.

Failed transfer is caused by headlock. Currency makes everything volatile in the system, we invest and withdraw when we must have made quite. The market have become very important for us, you just have to be careful, and apply fundamentally what works you. These altcoins followed by Bitcoin have survived the dip bear season and now they're standing as prominent altcoins, we know how they operates, and we're definitely going to adapt to the system whether it gets bad or good.

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Quote from: Romeotom on December 08, 2023, 01:49:36 PM

It’s really unexpected for some top altcoins always failed Durning bull market but not toper. You can see ton, btc, eth, ada, bnb which best move there roadmap. If a project has many developed day by day then this token price will not Fail so be cool and try to buy toper currency before during bull.

There is a difference between different kinds of coins, and sometimes the way the money moves in bitcoin can have an effect on other areas of the market as well. With the best tokenomics, it takes a percentage of the entire coin market.

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Quote from: Romeotom on December 08, 2023, 01:49:36 PM

It’s really unexpected for some top altcoins always failed Durning bull market but not toper. You can see ton, btc, eth, ada, bnb which best move there roadmap. If a project has many developed day by day then this token price will not Fail so be cool and try to buy toper currency before during bull.

Its not always about the development of the project but the right track that it needs to take. Some project stay in their old ways when market demand changes over time. So those old project lost their community even though they had active developers working on them. Just look at EOS, ETC and few other altcoins that were at the top before. Look at what ETH is doing. Their continued upgrades have led them to hold their top position till now.

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Did all promising altcoins that failed go to zero or they still exist but $0.01 or $0.000001?

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It’s really unexpected for some top altcoins always failed Durning bull market but not toper. You can see ton, btc, eth, ada, bnb which best move there roadmap. If a project has many developed day by day then this token price will not Fail so be cool and try to buy toper currency before during bull.

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Quote from: darefreads on March 06, 2022, 06:04:52 AM

Quote from: ?? on ??

Quote from: bussybuddy on March 06, 2022, 02:45:18 AM

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.

Now there are more and more products that EOS needs to see because the competition in the crypto space never stops and what is left behind will always be suppressed by the new ones, so EOS must really be able to improve itself to be better than it is now.

EOS was mot famous in 2017 bull run but now we have no news of this coin. I remember that people used to predict 100$ for EOS but this coin even fail to reach 5 dollars.

EOS was once in the top 10 list but now it is not even in the top 50 coinmarketcap list.

EOS, ETC and few other L1 blockchain that was so popular in few years ago due to their aggressive statements towards ETH. All of them claimed to be the next ETH killer. They were so focused on competing with ETH that they forgot to be more creative than just solving a few drawbacks of ETH. They lost the battle with ETH and with all the L2 of ETH those highly scalable, cheap-fee networks lose their cause. There is no way those project will got the market exposure again as all the ETH L2 can solve all the problems ETH mainnet had all these time.

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Quote from: Hetadrop on March 05, 2022, 08:18:49 PM

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 should not have failed, the coin has a good use case and a good prospect. With exchanges, it should compete with other coins, but the developer is a young man without focus, who is buying into other projects with Tron's money. Binance is also one of his biggest investments and he watched his own project sink. The importance of finding out about a project developer's experience before investing cannot be overstated. While Ethereum developer was also a young man when he started, he is now much more focused and ambitious, and it's also important to look for projects that have leadership but tend to be more decentralized.

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Would Nano or Raiblocks which was the previous name be another one?

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just try seeing the chart of most the ancient coins they have a really big bullish run moment in the past mostly and then falling after few years because the fame that they has been building since a long ago finally subsides because their technology and other things becomes irrelevant with the emergence of the newer smart contract platforms that offers use case of NFT market and also blockchain gaming that now has emerged and becoming a giant in terms of market capitalization.
it seems the development of technology specifically in cryptocurrency and blockchains are growing so fast that it shows clearly so many altcoins being left behind because they are deemed outdated. Some members have been mentioning it. Name coin and so many oldest coins have become garbage coins right now. The tech is growing so fast but these old coins are still being trapped with their own old vision

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Quote from: ?? on ??

Quote from: bussybuddy on March 06, 2022, 02:45:18 AM

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.

Now there are more and more products that EOS needs to see because the competition in the crypto space never stops and what is left behind will always be suppressed by the new ones, so EOS must really be able to improve itself to be better than it is now.

EOS was mot famous in 2017 bull run but now we have no news of this coin. I remember that people used to predict 100$ for EOS but this coin even fail to reach 5 dollars.

EOS was once in the top 10 list but now it is not even in the top 50 coinmarketcap list.

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altcoin that is ranked 100 CMC is definitely the best altcoin because it is not easy to enter the top 100 CMC. but even so it is possible that this position will be replaced by another altcoin that has a higher popularity because every day new projects are popping up and that makes the competition tougher.
So far only BTC and ETH have remained in the 1st and 2nd CMC rankings and the 3-100 rankings are always changing, meaning that it is possible that altcoins that are in the top 100 of CMC will be knocked out of that position. an example is BCH, a few years ago BCH was in the top 10 of CMC and currently BCH is ranked 28th in CMC. but to have a value of 0 is certainly not that easy because the altcoins that are in the top 100 of CMC are altcoins with a very large daily volume and have a large community as well.

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Quote from: bakasabo on March 06, 2022, 04:59:21 AM

I find Ripple to be one of top altcoins that failed. Ripple has been trying to fulfill their promises during my whole crypto career. Since 2017 I have started to hear that Ripple will be an alternative to SWIFT. We are in 2022 and its future is still unknown. Ripple most success could be, if they would fulfill their plans in end of 2021, and now decentralized Ripple would be best solution for Russians, that now are cut off SWIFT system and suffer from other people's decisions.

Unfortunately for Ripple, facing an SEC lawsuit has affected the price of XRP and is one of the reasons why XRP has not grown as investors expected, IMO.
XRP is not dead yet and it continues to grow unceasingly. In crypto, there are always surprises I hope XRP will be back on the racetrack, catching up with new ecosystems and regaining its footing in 2022.

bakasabo

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I find Ripple to be one of top altcoins that failed. Ripple has been trying to fulfill their promises during my whole crypto career. Since 2017 I have started to hear that Ripple will be an alternative to SWIFT. We are in 2022 and its future is still unknown. Ripple most success could be, if they would fulfill their plans in end of 2021, and now decentralized Ripple would be best solution for Russians, that now are cut off SWIFT system and suffer from other people's decisions.

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Quote from: VRExpress on March 03, 2022, 01:56:29 AM

Quote from: lobo13hf on March 02, 2022, 06:49:38 PM

Quote from: jerry0 on March 02, 2022, 06:13:49 PM

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.

Take a look at those masternode coins. These coins have been sitten on the top 100 CMC but this time almost all of masternode coins have fallen to the bottom. You can also see some coins like ARK and lisk. These coins are having horrible performance since a few years ago. These coins never got hyped anymore and these are trading at the bottom value. Lisk already in top 100 a few years ago but it has fallen to the top 300 CMC

Damn! Lisk used to be one of my favourite projects back in the days,

Yeah i have the same thought like you in the past, especially when they are talking about SDK. ARK was also a part of LISK in the past and so many investors were putting their hope into this project.
The problem is these project didn't even get the hype and people were slowly leaving them all and then right now they are worth small marketcap compared with a few years agoo.

Quote from: VRExpress on March 03, 2022, 01:56:29 AM

this is the thing with crypto you can never predict which alt will do better or will be the world most favoured in few years to come, master node coins are already abandoned, no one talks about them anymore.

Yeah sure, that's why masternode coin like pivx already abandoned and this coin has become mediocre coin. It's caused by it was not even offering utility. it's only offering passive income from the masternode which can't sustain for the long term.

adiebitsler

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Quote from: SyndicateLabs on March 06, 2022, 03:51:08 AM

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.

Yes, projects with ICO concepts in the past have disappointed many, but if anyone still cares about XVG for now, maybe it's because that person doesn't have a better choice so he only sees XVG as a new opportunity for now even though he has already done so there are so many other better options now.

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Quote from: TravelMug on March 03, 2022, 02:14:29 AM

How about QTUM? is it also deem as ETH killer if I'm not mistaken, when they join crypto sphere there was a lot of hype on them.

Even the Chinese loves QTUM (more than BTC), but I haven't heard them for a while, so not sure what happen to them if they are still in the top 100 or not.

I'm sure QTUM at that time must have been hindered by regulations from developing further.
I'm also following the QTUM community, some of the china projects are really interesting,
but they're currently completely gone and even now I've never seen any china projects published.
The thing I remember that is probably why China banned cryptocurrency is when
a leader of the IDAX market at that time committed a financial crime in the form of cryptocurrency,
that's what made China ban cryptocurrency.

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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.

diminizio

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Quote from: julerz12 on March 02, 2022, 09:17:21 PM

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.

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Quote from: aprilnot on March 05, 2022, 11:17:44 PM

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.

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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.

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Quote from: jerry0 on March 02, 2022, 06:13:49 PM

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.

Hetadrop

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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.

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Quote from: jerry0 on March 02, 2022, 06:13:49 PM

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.

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Quote from: doomloop on March 04, 2022, 08:38:36 AM

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.

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.

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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.

lixer

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Quote from: jerry0 on March 02, 2022, 06:13:49 PM

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.

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.

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Quote from: jerry0 on March 02, 2022, 06:13:49 PM

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.

D ltr

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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

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Quote from: LogitechMouse on March 03, 2022, 09:55:19 AM

Quote from: Tony116 on March 02, 2022, 11:49:42 PM

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.
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.

In addition to BTC, ETH, all the top coins currently on CMC have certain risks. Let's compare the top 10 alts 2022 and top altcoins of 2017. Topcoins 2017 in addition to ICON, NEM as you listed, also has BCH, DASH, MONERO, NEO….they have been replaced by other names that have emerged recently: SOL, NEAR, BNB, AVAX...The crypto market is ever-changing and harsh. Except BTC and ETH, don't invest it all in one altcoin even though it has potential.

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Quote from: AmoreJaz on March 03, 2022, 07:03:17 PM

Quote from: Jaered on March 03, 2022, 06:58:53 PM

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.

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.

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Quote from: asyakashi on March 04, 2022, 01:04:54 AM

Quote from: jerry0 on March 02, 2022, 06:13:49 PM

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.

Coins of any generation are not all turned into ashes, although more tokens have disappeared, or have become worthless, but some of them have survived, or have even become lighter. it is not easy to go through the phase of trend change, like ico, ieo, and now nft and defi. Of course, coins with clear rankings will have more opportunities to grow

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Quote from: jerry0 on March 02, 2022, 06:13:49 PM

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.

lobo13hf

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Quote from: jerry0 on March 02, 2022, 08:00:18 PM

Hey. What other masternode coins are you speaking of?

Some masternode coins like these

stratis, energi and many more. There are many masternode coins that have been going to the bottom. This may become another problem for sure.

Quote from: jerry0 on March 02, 2022, 08:00:18 PM

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.

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Quote from: Jaered on March 03, 2022, 06:58:53 PM

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.

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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

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Quote from: jerry0 on March 02, 2022, 06:13:49 PM

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.

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Lot’s projects we’re talking here, most of the project here claim to be the next ETH and yet they are still failing. I still some projects that are still on the exchanges but they just like a shit tokens already, they failed terribly. Some turn into a scam, and I invest on some good projects before but they are not able to survive the pressure from this market, too bad for the investors.

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Quote from: el kaka22 on March 03, 2022, 11:31:18 AM

For me it could be Axie. I didn't get into it too much thankfully, just a few tests with the token here and there and I am out anyway and didn't make a loss, got out break even point. However, I calculated to get in during September, I assumed if I could create a bit of debt, and this would be assets that I would own.

Sort of like buying a house, that is a debt and people say "never invest with debt" but then go out and buy mortgage because that's good debt. Same logic for axie in my mind during September, just spend all of that months salary into getting an axie team and try to long term that. However, I didn't had the courage to do so and boy oh boy, was I lucky for that.

Unfortunately, there are no sure ways to know if the altcoins you invested in will fail or not. For me, I can use some indicators that will determine the future of the altcoin, including if the altcoin website has not been updated or the accounts of that altcoin have been inactive for months This is conclusive evidence that the altcoin will fail one day. Also, if the project team does not specify future plans for the altcoin in the roadmap, this is a bad indication. We can invest in Altcoins listed on many promising exchanges because these platforms will review the altcoin well before listing it, which will make the possibility of your investment in failed projects slim.

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Quote from: Javi_Anibarro on March 03, 2022, 03:02:11 AM

Verge was one of the top altcoins back in 2017~2018 but is slowly being forgotten by people.
ATH was 0,25$ but now it is around 0,01$, it started after the hack happened with them but the developer lied about the patch that fixed the issue.
A day after the same hack happened again and pushed the project to the bottom, people lost their trust in this project and have not recovered anything since then.

Augur/Rep also lost their credibility after the hack happened to them in 2016~2017. It was a promising one too, a hot topic in its Era together with Lisk, DAO.

Ah, verge I think I remember that one and it's true that I never heard the coin nowadays but now I know the reason why. Why would the developer lied about the patches when that was a good thing as it can gain confidence again to their supporters although there was still a second hack that happened, that only shows that the patch is not very effective to prevent the hacks, no wonder why people quit on that project.

If I am one of the investors I will also do the same. Hacks are a serious issue especially if you have lost a really big fund because you put your trust in the projects. There are many top altcoins there that are strong and haven't been hacked yet, we need to consider them.

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For me it could be Axie. I didn't get into it too much thankfully, just a few tests with the token here and there and I am out anyway and didn't make a loss, got out break even point. However, I calculated to get in during September, I assumed if I could create a bit of debt, and this would be assets that I would own.

Sort of like buying a house, that is a debt and people say "never invest with debt" but then go out and buy mortgage because that's good debt. Same logic for axie in my mind during September, just spend all of that months salary into getting an axie team and try to long term that. However, I didn't had the courage to do so and boy oh boy, was I lucky for that.

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Quote from: Tony116 on March 02, 2022, 11:49:42 PM

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.
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.

MadeMen

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We've had several projects that were thought of as the best and holders had big dreams owing to the potential of the project which seemed glorious, but now they're no more. Looking at the first 100 cryptocurrency in the coin market cap, it would be difficult to say all the projects have always been on the least. Several would be off the list. I recall holding lisk as a project I looked forward to making a fortune from the project but it didn't work out as envisaged.

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EOS and QUTM were once thought to be the two projects that will perform best in the future and show good work back to everyone. But it is now clear that none of this has happened, as the two projects have completely withdrawn from their markets. I can't see any response from the team members of these two projects.

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Quote from: jerry0 on March 02, 2022, 06:13:49 PM

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 have on my list and it was ADA "cardano" top 10 in CMC. And yes it failed during the fork last year and can't even regain for how months now.

Actually many investor as well talking about ADA that it will gonna break new record and has chance to achieve $100 in the market because its a good project and very promising, but unfortunately during the fork it plunges and many investors are very disappointed including me.

I don't know if its worth it to trust again.

bamb

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I remembered I missed Ethereum initial token offering and I was looking for another altcoin that could rival ethereum at that time. Lisk was my answer! I bought shit loafs of lisk unfortunately, the team never develop the ideas they put forward when they market lisk. Lisk is still top on cmc but nothing is actually happen with it!

GowithMi_GMAT

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Quote from: Dr.Osh on March 03, 2022, 06:19:33 AM

talking about the coin issue that used to be talked about a lot, I think that's a lot. many of these coins have been in the top 100 coins, then pushed back, then dropped in price, or even went bankrupt. some people above have mentioned ARK, and EOS. I think that is a small example. However, this is the crypto world, every day so many projects are being developed. The top 100 coins do indicate that the coin is good. however, when they lose out on new, or old coins, it can happen.

difficult to understand. but what is certain is that the price of each coin can change at any time and is not only included in the top 100 in CMC but applies to all cryptoqurrency currencies. despite what you say, if a project can't stay in the market "for a certain period of time" then I can say that the project has no further development which means it will be abandoned by the developers themselves.

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talking about the coin issue that used to be talked about a lot, I think that's a lot. many of these coins have been in the top 100 coins, then pushed back, then dropped in price, or even went bankrupt. some people above have mentioned ARK, and EOS. I think that is a small example. However, this is the crypto world, every day so many projects are being developed. The top 100 coins do indicate that the coin is good. however, when they lose out on new, or old coins, it can happen.

Rahman11

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Even with the pandemic, there are now more than 11,000 cryptocurrencies in existence, up from about 6,000 in 2020, according to the website CoinMarketCap. “Nothing is too big to fail,” says Niederhoffer, a former neuroscientist, “but I suspect Bitcoin's biggest critics have never used it to perform a transaction.

lornadane

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Quote from: ?? on ??

I actually paid attention to BCNEX. But unfortunately after they got the profit from the presale event that was held, they finally decided to escape. indeed bcnex is not included in the top 100. but at least they have a good coin and concept. although in the end it ended in loss for investors. it is deeply regretted

That's when they get what they want.
But it's a shame for investors who feel lost and cheated.
So don't be easily tempted by attractive events so that we are complacent that in the future we will make a profit, even though in the end we will lose big.

S3300

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Quote from: TravelMug on March 03, 2022, 02:14:29 AM

How about QTUM? is it also deem as ETH killer if I'm not mistaken, when they join crypto sphere there was a lot of hype on them.

Even the Chinese loves QTUM (more than BTC), but I haven't heard them for a while, so not sure what happen to them if they are still in the top 100 or not.

I'm trying to keep some altcoins for the future but you aren't helping mate, if QTUM can be this silent since 2017 then what is the assurance that we holders will be rich in few more years? This shows that even the biggest coins today can face a sad ending, scary.

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Quote from: jerry0 on March 02, 2022, 06:13:49 PM

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.

Usually those who initially had record highs on coinmarketcap a few years ago, and now it doesn't look like they have a bad history.
I don't really remember all of them because there were a lot of coins that were on top and then they just disappeared.
1 coin that reminds me of that, he is raiblocks(XRB), which used to be in the top 10 of coinmarketcap but just disappeared,
their recent history of changing mining methods from faucet to rig mining, so many communities leave raiblocks
because rig machines are so expensive for them.When I check now raiblocks have completely disappeared from
coinmarketcap I really don't know where this coin went.

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Some of those coin have been delisted from CMC which were very good at then but turned to zero today, due to their poor performances they got kicked out from coinmarketcap and other exchangers, most time they bounces back to migrate to bsc network to enable them get their feet's back. eg, HYT, MILC, UBcoin, MPAY.

Javi_Anibarro

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Verge was one of the top altcoins back in 2017~2018 but is slowly being forgotten by people.
ATH was 0,25$ but now it is around 0,01$, it started after the hack happened with them but the developer lied about the patch that fixed the issue.
A day after the same hack happened again and pushed the project to the bottom, people lost their trust in this project and have not recovered anything since then.

Augur/Rep also lost their credibility after the hack happened to them in 2016~2017. It was a promising one too, a hot topic in its Era together with Lisk, DAO.

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I think it must be sushi, ups and downs, back and forth by capital to play, no belief at all, no bottom line to cut leeks.

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How about QTUM? is it also deem as ETH killer if I'm not mistaken, when they join crypto sphere there was a lot of hype on them.

Even the Chinese loves QTUM (more than BTC), but I haven't heard them for a while, so not sure what happen to them if they are still in the top 100 or not.

magneto

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Quote from: julerz12 on March 02, 2022, 09:17:21 PM

Quote from: jerry0 on March 02, 2022, 06:13:49 PM

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.

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.

Yep - I remember EOS and Steem, two of Dan Larimer's projects which are deemed ETH killers.

But inevitably both failed because of a lack of leadership, although I think that a lot of the concepts underlying these coins (e.g. synthetic stable assets) are still very pervasive in the current time.

I think that Lisk is also another project that failed. Used to be an ETH alternative as well.

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Quote from: lobo13hf on March 02, 2022, 06:49:38 PM

Quote from: jerry0 on March 02, 2022, 06:13:49 PM

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.

Take a look at those masternode coins. These coins have been sitten on the top 100 CMC but this time almost all of masternode coins have fallen to the bottom. You can also see some coins like ARK and lisk. These coins are having horrible performance since a few years ago. These coins never got hyped anymore and these are trading at the bottom value. Lisk already in top 100 a few years ago but it has fallen to the top 300 CMC

Damn! Lisk used to be one of my favourite projects back in the days, this is the thing with crypto you can never predict which alt will do better or will be the world most favoured in few years to come, master node coins are already abandoned, no one talks about them anymore.

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Your judgment is also correct, but it is necessary to consider the accompanying factors to make a specific assessment of the prospect. I have encountered many failed projects like that, so I feel there is no guarantee if you do not accept your mistakes. I think when the FOMO hype is over, projects that are only hyped like that will disintegrate on their own because they can't be met and maintained.

Tony116

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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.

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Quote from: jerry0 on March 02, 2022, 06:13:49 PM

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'm sure you can see it on the yobit exchange.
Unfortunately, coin data that has decreased to 0 is very rarely posted in the media, even I have never seen it.
The media will only publish when the coin is about to go scam by taking away a lot of money,
but we call it rugpull and it will still have a price even if it doesn't have volume.
different from the yobit exchange, which in my opinion there are many ghost coins that do not have data anywhere,
even some of their coins do not have a network explorer because they are only traded in that exchange.
Examples are lambo and liza which used to be popular in early 2018 but are worthless now.

cryptoaddictchie

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Quote from: jerry0 on March 02, 2022, 06:13:49 PM

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 many but Im not sure whether they are still on the list. Example ptojects like ncash and some of those listed on binance especially the fantoken. Youll noticed that their price has gone down. But of course there are much more on ido projects that have been went from high price to nearly zero after few months. People should be careful on choosing some project to buy for long term.

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Quote from: jerry0 on March 02, 2022, 06:13:49 PM

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.

I think the number of dead cryptocurrencies or altcoins, which had minimal to zero advantages to anyone, has raised 35% over last year to 1,949 at the moment of filing this report, according to the information from Coinopsy that tracks dead cryptocurrencies. Around February last year, the number of total dead crypto coins stood at over 1,440. The term dead crypto coin is given to cryptocurrencies that do not exist anymore due to multiple causes. For sample, they're used as a scam, their website remains down, they've nodes or wallet issues, they've low liquidity or have simply been abandoned and their development has been halted by their developers. Abandoned coins are the ones that witness zero or negligible trading exertion between investors. Still, if there's a lack of data on the reasons why a coin failed, it falls into the failure abandoned class. But now WACEO UnRekt are on a mission to clean the dead crypto coin market and assist rekt investors recover their losses through litigation, negotiation, or possible partnership with the founding team. UnRekt 50-90% of your initial investment in your dead crypto coins - https://resurrect.waceo.org/.

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There are too many to mention. If you only compare the top 100 list of cryptocurrencies today from the top 100 list of cryptocurrencies from 3 to 5 years ago, there are more new coins or tokens than the ones that are left. Of course the most popular ones like Ethereum, Monero, Litecoin, etc are still there. But the likes of Terra, Solana, Avalanche, etc are new ones. Especially the ones that are riding on hype like those that are from the DeFi, Meme Coins, and NFT groups, they are all new ones.

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Quote from: jerry0 on March 02, 2022, 06:13:49 PM

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.

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.

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Hey. What other masternode coins are you speaking of? Yes i recall ark and lisk and they were high in the top marketcap a while back.

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Quote from: jerry0 on March 02, 2022, 06:13:49 PM

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.

Take a look at those masternode coins. These coins have been sitten on the top 100 CMC but this time almost all of masternode coins have fallen to the bottom. You can also see some coins like ARK and lisk. These coins are having horrible performance since a few years ago. These coins never got hyped anymore and these are trading at the bottom value. Lisk already in top 100 a few years ago but it has fallen to the top 300 CMC

jerry0

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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.

Topic: Top Promising Altcoins That Failed? (Read 548 times)