More than 800 cryptocurrencies are now dead when Bitcoin is stressed

2018-7-3 10:46

People usually buy into an ICO because the coins are cheap and could offer big returns in the future.
However, hundreds of these projects are now dead because they were scams, a joke or the product hasn’t materialized.
Dead Coins is a website that lists all the cryptocurrencies that fall into those categories.
So far, it has identified just over 800 digital tokens that it considers dead.
Arthur Hayes, CEO of cryptocurrency exchange BitMEX, told CNBC’s “Fast Money” on Friday that bitcoin could climb to $50,000 by the end of the year.

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