Thousands of Coins Listed During the Crypto Boom Have Died

More than 4,000 coins listed on CoinGecko in 2021 are now ‘dead coins.’

Highlights

Data from CoinGecko shows nearly 1,900 crypto projects listed in 2022 have already failed.
This adds to an astonishing 4,367 crypto projects that were listed in 2021 and have since died.
Despite the huge number of cryptos that have disappeared, 2021 was a boom time for the market.
Speculative investments like meme stocks took off in early 2021, thanks partly to a massive increase in government spending and lax interest rates.
Experts have said investing in the better known tokens when you’re starting out, like bitcoin and ether, may be the way to go.
As exciting as crypto’s price ups and downs, crypto in general is a risky asset class.

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