What are dead coins?

Dead coins have the following tell-tale signs: The types of dead coins can be derived from the tell-tale signs. The most common types include; These refer to coins that were developed without a specific use case in mind. Usually, some enthusiasts bet on the currencies even though they were launched just for their sake.

How do you know if a crypto coin is dead?

There are websites such as Coinospy and Deadcoins that track deceased crypto projects floating in this dead space. Reporting dead coins can even earn you extra money or recognition from these sites. How Can We Tell If A Crypto Coin Is Dead? Is crypto dead, or is it a scam?

Are You Holding on to dead crypto coins?

In fact, it’s likely that many investors may be holding on to dead crypto coins. What Are Dead Coins? Dead coins are digital assets of projects that have been abandoned, turned out to be scams, have low liquidity or have insufficient funding, among many other reasons.