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Over 3,000 cryptocurrencies launched in 2021 have already fa

CryptoPotato

Updated at: 5 hours ago

{"content":"Over 3,000 cryptocurrencies launched in 2021 have already failed. What happened? This chart from CoinGecko shows a dramatic spike in dead crypto projects launched during the 2021 boom. Was it hype, lack of utility, rug pulls — or all of the above? As a crypto investor or enthusiast, here's what you should keep in mind: Hype ≠ Value: A fancy website and viral tweets don’t guarantee long-term utility or sustainability. DYOR (Do Your Own Research): Always look into the team, use case, tokenomics, and community before investing. Avoid FOMO: Just because everyone is talking about a coin doesn’t mean it’s worth buying. Check Lifespan Trends: If coins are dying off this fast, prioritize projects with real-world adoption and strong fundamentals. What red flags do you look for before buying into a new token? #CryptoComeback ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025052025/05/14/3bd8f4c418904c2f8ea09ae2dfa9ba4d.jpg"],"tags":[],"tradingPairs":[],"quotearticleid":0}

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