Crypto projects tokens currently have an average lifespan of 15 months. 90% of blockchain projects with tokens fail. One more reason why chasing 100x alts probably won’t work
1 min read
CoinKickOff performed an analysis of token data. The methodology involves defining dead coins as those with failed ICOs, less than $1000 volume in three months or fraud/scam. From their data they determined that the average lifespan of a token is 15 months. They also determined from 2022’s data that 9/10 projects and tokens will fail.
Because of the short lifespan, the older a token/coin is, the more likely it is to fail. Thus, older coins/tokens are much more likely to die. It also speaks to the short term memory and hype/FOMO attitude of traders who chase the new shiny token on the block. 75% of tokens from 2014 are defunct.
This of course shows how fickle traders are and the facts that so many tokens produced are just garbage or badly-thought out. It also proves that the vast majority of those who chase the next 100x altcoins will only be left holding bags.
submitted by /u/OneThatNoseOne
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