• Please note to have a link in an article you must first request permission from the administrator and pay a fee. You can read more information here.

What was the biggest failed cryptocurrency?

  • Thread starter Thread starter Grant
  • Start date Start date
The biggest failed cryptocurrency is the shiba inu. This coin failed to improve on the long term despite the backing that it enjoyed from the cryptocurrency whales like Elon Musk.
 
glitch said:
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.
Click to expand...
There are a lot of people who had a lot of belief in Doge coin when they were just getting into the cryptocurrency space and it is a very sad event to see that it has collapsed totally since its all-time high.
 
There are so many failed cryptocurrencies, some even failed at startup. Personally, I think Dogecoin is a link to this category. I like to get into successful coins.
 
Shiba inu has failed very woefully. The coin surged very high around November last year and I guess it was a pump. It later declined tremendously and that makes it worst.
 
Reedex said:
Shiba inu has failed very woefully. The coin surged very high around November last year and I guess it was a pump. It later declined tremendously and that makes it worst.
Click to expand...
I have also not seen a remarkable change in the cryptocurrency. The shiba failed to improve for a long period of time after the pump in the year 2021 around November.
 
Ononivami said:
I have also not seen a remarkable change in the cryptocurrency. The shiba failed to improve for a long period of time after the pump in the year 2021 around November.
Click to expand...
There are many platforms paying with Shiba and also many merchant sites that accept getting paid with Shiba so not really they fail a lot they have small fail as some other coins don't even reach the step of being listed on exchangers.
 
I will choose a shiba inu as in most field cryptocurrency in the crypto market. Shiba inu failed to increase in market value despite in the backings that it enjoyed from the crypto whales.
 
saoussen5765 said:
There are many platforms paying with Shiba and also many merchant sites that accept getting paid with Shiba so not really they fail a lot they have small fail as some other coins don't even reach the step of being listed on exchangers.
Click to expand...
There are so many sites that are using the shiba inu as a means of payment but what is most important is that the market value of the cryptocurrency is not increasing despite the backing that it enjoyed.
 
Xrp was one of the most promising cryptocurrencies and had the opportunity to reach so much market capitalisation but all of a sudden it's just went down and there is no hope for it again.
 
Initially I was thinking that shiba inu is the worst cryptocurrency but the news around Elon Musk praising the memecoin would make shiba inu and the dogecoin to rise in market value.
 
The cryptocurrency I would have choose as a best failed currency cannot be chosen anymore because it is not enjoying the backings of the big investors In the cryptocurrency ecosystem.
 
There are so many cryptocurrencies in the ecosystem right now that you can even hardly track all of them . The cryptocurrencies that I even in the top ten now and not even going to be there in the next couple of years.
 
Generally the memecoins are the least performing cryptocurrency in the crypto space. I've not seen the main Queen performed very well in the cryptocurrency market.
 
Shole said:
Dogecoin, as it was somehow destroyed by itself. I know I saw it when it came out, and even at my age(15) back then I was like "They aren't serious in doing this, this looks so much like a scam." . First impressions are important people, sometimes it really is make or break on the judgment of the book cover.
Click to expand...
One thing about the cryptocurrency space is that you cannot predict what is going to happen. I am also somebody who did not see any potential that the coin was having until it had a very big market capitalisation.
 
I don't know of any failed cryptocurrency because we have so many cryptocurrency in the crypto market except the ones that are popular these are the ones that I am very familiar with on the market.
 
The cryptocurrency that I thought is the biggest field in the industry has been backed by the richest man in the world and it has bounced back with a huge increase in the market capitalisation.
 
I do not know of any biggest failed cryptocurrency in the crypto market because most of the cryptocurrencies are very promising and you could not actually determine the one that is the most failed .
 
Prettybabe said:
The biggest failed cryptocurrencies for me would be, Dogecoin and Electroneum. I invested into these cryptocurrencies and it kept going down instead of increasing after so many years.

Another failed one would be Onecoin. I don't want to start talking about this Onecoin for now.
Click to expand...
How much is required to invest in cryptocurrency? Is it okay to invest in crypto if you are new to the stock market and the crypto world? Nowadays crypto is famous and everyone is talking about crypto investement.
 
In my opinion, the biggest failed cryptocurrency is shiba inu. This particular coin increased sometimes in November last year and later dropped tremendously. The investors are recording serious losses now.
 
Reedex said:
In my opinion, the biggest failed cryptocurrency is shiba inu. This particular coin increased sometimes in November last year and later dropped tremendously. The investors are recording serious losses now.
Click to expand...
Personally , I did not even believe in that cryptocurrency because it was a shitcoin. The reason why I lose interest in the cryptocurrency was because it has so much circulating supply which is not encouraging to me.
 
You must log in or register to reply here.
Back
Top