Skip to main content

Why Do Cryptocurrencies Go Dead After Some Time?

 



The cryptocurrency market is plagued with the ashes of dead coins or dead cryptocurrencies which were released with tremendous excitement but eventually provided little to no benefit to anybody. These currencies frequently died an undignified and very often intentional end, as their designers cashed out the investments of the users, leaving them questioning where the worth of their entire investment went. The popularity of these currencies grew during the ICO fever that swept the industry in 2017. But can you find out the dead coins of this year? Of course, you can! A reputable platform that is always there to guide you is Cryptoknowmics. 


Find The Dead Cryptocurrencies Instantly


When some cryptocurrencies go dead, Cryptoknowmics makes sure that it updates you with them. If there are several thousands of cryptocurrencies, the chance is that about 5000 of them could be dead. One significant example is the Yocoin Classic. Earlier, it gained a lot of investments. However, when people realized that it is somewhat a scam, they pulled their investments. Just like Yocoin, there are a number of dead cryptocurrencies. You can keep yourself updated with these dead or underperforming assets after approaching Cryptoknowmics. It is the most reputable crypto platform that you can trust in today's era. 



Cryptoknowmics

Comments

Popular posts from this blog

Canadian Investment Firm 3iQ Files Prospectus for Bitcoin Fund

A Canadian Investment f irm 3iQ filed a prospectus for Bitcoin Funds with hopes to attract retail investors with a regulated digital asset fund. T he firm announced that it had filed a preliminary prospectus for a close-end Bitcoin fund; that it anticipates to unveil through the Toronto Stock Exchange later in the year . Fred Pye, the Chief Executive of the firm wrote :  : “We expect to list on the Toronto Stock Exchange in late December or early January. As a part of our next steps, we’re hoping to get Canada’s big banks on board. We’re hoping that two or three of Canada’s biggest banks, specifically ones that want to lead in fin-tech space, will join the syndicate group.” The Canadian investment funds manager revealed that they filed the Bitcoin fund prospectus regards to an Initial Public offering of both Class A and Class F units each at $10. Pye, a former senior vice president of Fidelity Investments -Canada; highlighted that retail investors have been s...

XRP Is In Free Fall These Days

  Ripple Labs developed XRP to allow cross-border transfers of money for financial institutions for far less than a cent per operation and in less than 4 seconds. Ripple presently boasts dozens of banking institutions as clients across 55 countries. All of these conventional banking clients are heavily influenced by variations in the securities markets. This has led to the free fall. XRP is in free fall nowadays. XRP's lawsuit against the SEC over whether or not XRP is a securities asset instead of a kind of digital money that is moving slowly, with a conclusion now due in early 2023. Except for Kucoin and Binance, others have delisted it. To find out the latest updates on XRP, join Cryptoknowmics .  Analyze XRP For Long Term Follow Cryptoknowmics and you will get the XRP price prediction 2050 here. XRP is suitable for a wide range of traders and investors. It is a fantastic coin for general cryptocurrency aficionados since it is an altcoin — that is, it is distinct from Bitc...

Is celebrity support an added advantage to cryptocurrency growth?

  Celebrities are prominent figures in society. We admire them for their looks and get influenced by whatever brand they endorse. So can we say that their support for cryptocurrency is an added advantage? Well, up to an extent yes. Since they are public figures and rule the hearts of their fans, this indeed can be an added advantage in the growth of cryptocurrency.  But it is not completely true. The cryptocurrency rose to fame because of the unique features and advantages they provide to their users. First of all, they allow users to have the ownership of tier money which is not in the case of government-issued currencies. If you look at the whitepaper of Bitcoin framed by its founder Satoshi Nakamoto, then you will find that it restricts the interference of third parties and central authorities like banks and the government.  Cryptocurrency is now considered an investment asset by most crypto enthusiasts. Many people have become richer by it. Akshay Haldipur from India ...