Over 3 thousand coins that were large enough to get to Coin Gecko’s chart during 2021 bull run have completely died.

So during 2021 bull market there was a lot of greed on the market. A lot of people were FOMOing and looking for those 10000x returns that they’ve all been hearing on news where Shitcoin-Investor1 bought just $10 worth of Shitcoin69 and made $420,690 with it or some crazy number like that.

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Greed kicked in, and a lot of people made lots of projects that were supposed to be just quick cashgrabs, but they presented themselves as real, great projects with potentially great use-cases, great thriving ecosystems and promised a lot to potential investors. However, most of them have turned out to be absolute shitcoins which can be even proved by a Coin gecko’s research chart.

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Number of dead cryptocurrencies from 2014-2022

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So over 3300 cryptos that were big enough to get listed on Coin Gecko, which does not even include the most random BSC shitcoins that just rugpulled few of the people, have completely failed since 2021 and are official dead on Coin gecko. This is a crazy number considering currently there’s 10 thousand coins listed on Coin Gecko that are still alive, or barely alive.

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Even from 2022, around 1000 projects have already been completely deactivated from Coin gecko as dead projects which should serve as a reminder to people to not invest into any type of project that looks shady or promises you too much when next bull-run starts and FOMO kicks in because all you’ll be left is holding a bag of useless coins that will be worth $0 in a very short amount of time.