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What was the biggest failed cryptocurrency?

  • Thread starter Thread starter Grant
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There are large numbers of cryptocurrencies but the one that failed the most is what I do not know. Perhaps, a little research will give an answer to this because digital currencies are in large numbers.
 
I guess I would say DOGE. It just didn't get enough traction. Some people for wealthy off it but it has been stuck in limbo for awhile.
 
There are a lot of them, and it is just unfortunate that a lot of us have continuously fall for projects that do not really have the potential to stand the test of time , due to improper research.
 
There are some kind of cryptocurrencies that showed a lot of potential but they never really reached up to the full expectation. Chz and win is one cryptocurrency that the idea is very good but ended up not to be people's favourite.
 
It will be very difficult to identify the cryptocurrency with the most declined record. This is because the numbers of cryptocurrencies are very high and as such it will be very difficult to get a lead.
 
Here is 5 coins which I know failed big way :

GetGems (Gems)
SpaceBIT
PayCoin
Dogecoin
Ethereum’s DAO
 
Based on my personal experience, I can't be able to point out a single cryptocurrency as one of the failed one because almost all the coins have some specific potentials that may be good and favourable for someone.
 
Personally, I feel it is the Squid game (SQUID) rug pull. The Squid Game token had no connection to the popular South Korean show, though the investors who lost their money may feel like characters in its dystopian plot line. About a week after the token's launch, SQUID's price hit a high of over $2,800. It then fell to almost nothing when the project's anonymous creators sold all their holdings -- making off with around $3 million.
 
Ripple and ada has been in the top 10 cryptocurrencies for a very long time but it is looking very likely as the day progresses that they are going to be dislodged anytime soon and I think they are the greatest disappointment.
 
I think TRX and ripple are the cryptocurrencies that have failed to a very large extent. You can be able to understand that of repple because of there's so many lawsuits that it has been experiencing in the past.
 
greenie said:
First was dogecoin and second was Ethereum’s DAO..
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Dogecoin isn't bad so he has many followers and investors it is true that Ethereum fees is high but some websites stay using it for processing of payments network.
 
Actually ethereum has not been well functioning in the cryptocurrency market even though I can tell much because it may not be favourable for me and be good for othets depending on how the trade.
 
Smiles20 said:
I think TRX and ripple are the cryptocurrencies that have failed to a very large extent. You can be able to understand that of repple because of there's so many lawsuits that it has been experiencing in the past.
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I have heard that the TRX network is easily hacked it is not secure as other blockchain features this is the reason behind not his popularity but many sites pay with TRX.
 
I can't really say what a particular cryptocurrency has the lowest performing . We have very high numbers of lowest performing cryptocurrency out there.
 
I have seen a lot of cryptocurrencies that failed but then ultimately I think ripple was the most painful. It was having a very good potential before the issues that was presented to it
 
The biggest failed cryptocurrency may be the pancake. I don't even think that this cryptocurrency as a place in the crypto table as of the moment. It is the most failed cryptocurrency.
 
Reedex said:
The biggest failed cryptocurrency may be the pancake. I don't even think that this cryptocurrency as a place in the crypto table as of the moment. It is the most failed cryptocurrency.
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There are many airdrops that support this coin but not like ETH one or BEP20 or Polygon the airdrop supporting MATIC are much more for paying their users while ICO ends.
 
We have tons of cryptocurrency in the crypto market and there are also so many failed projects. We have seen many cryptocurrencies with absolutely no substantial increase in it value for a long time.
 
I think its Bitcoin cash as it started really high at the begining and it crashed. I wonder how much big investors lost of it. Bitcoin cash is stable around 300 dollars but I think it will crash again.
 
I am very sorry to pick the dogecoin. This coin as been around cryptocurrency for a very long time, yet it doesn't improve in terms of the market value. It's quite bad.
 
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