Is The Cryptocurrency Market Dying?

Opinion | December 2, 2018 By:

There are more than 1,000 failed cryptocurrencies and crypto-related projects, ranging from scam initial coin offerings (ICOs) to firms that overpromised a blockchain revolution. For every successful coin there are hundreds that didn’t gain traction and caused investors to waste money.

Many people who opened Coinbase accounts and bought Bitcoin (BTC) and other coins during the “gold rush” didn’t really understand how cryptocurrencies and markets worked.