Why do cryptocurrencies fail?

Various reasons can cause failed cryptos including abandonment (65.5%), scams or other issues (22.5%), ICO fail, or short-lived (10%). Leading indicators of potentially failed cryptocurrencies are low volume (99.% of dead coins), not listed on exchanges (99.2% of dead coins), and inactive development (98.1% of dead coins). What Are Dead Coins?

Which cryptocurrencies have failed?

We've looked at some of the older cryptocurrencies, but several newer coins have already failed, including NanoHealthCare Token. The India-based token was created by Manish Ranjan in 2018 to change the reality of healthcare. It wanted to use blockchain to impact lives by solving systematic healthcare issues such as data security and high costs.

What was the biggest cryptocurrency failure in history?

The fall of LUNA remains one of the biggest, if not the biggest cryptocurrency failure in the history of the crypto market. It was so large that it was dubbed ‘Mt. Gox 2.0’ by members of the crypto community. 2. TerraUSD (UST) UST was the leading stablecoin of the Terra blockchain.