The Internet portal Coinopsy posted a list of “dead” cryptocurrency for 2018. Most of the cryptocurrency is completely depreciated, and some of them were fraudulent.
Experts have found 264 cryptocurrencies that have ceased to exist, were fraudulent, stopped issuing updates, or were abandoned by the developers of the project last year.
It is worth noting that 144 of them were launched through large-scale ICO in 2017.
In 20% of the “dead” cryptocurrency, the authors of the project found signs of fraud. For example, the Dimoncoin cryptocurrency allowed the creators to issue an unlimited number of coins.
About 27% of the cryptocurrencies were abandoned by their developers, including the Rare Pepe Party, Masternode Community Coin and India Coin.
You can learn more about the fate of the largest cryptocurrency in this material .