Altcoins Talks - Cryptocurrency Forum
Learning & News => For Beginners => Basic Questions about Cryptos => Topic started by: princessgirl on September 25, 2018, 02:52:32 AM
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As it is already seen on the market, a couple of coins have died off because it could not keep up with the market expectations. Several factors come to play for the survival of a coin on the market. Most important ones are the idea or product behind the project and the expertise of the team. A coin with a working product which is in high demand always have a place on the market. Good team with good experience in crypto are also capable of running the project to a success.
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Because the coin doesn't have a good concept so the coin becomes dead. Other than that, the team did not try to develop the performance of the coin. That's why the coin has no interest and is considered dead.
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Because the coin doesn't have a good concept so the coin becomes dead. Other than that, the team did not try to develop the performance of the coin. That's why the coin has no interest and is considered dead.
You are right. there have been many ico teams that only concern income. they think only to return profits to investors and do not want to develop their applications.
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besides the idea of the project and teamwork, for me the most important is the coin community in real terms, how much because they will do supply and demand activities on the exchange, which results in a sales volume that will attract many traders and investors
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Yes, that is the importance of the team and residents made from the project. From there the project produces coins or tokens that have value on the exchange. many will be interested in buying these coins.
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Low quality team members and not promising products may be the main causes that make some coins to be dead. Then, the project fails to improve and difficult to compete with other projects with the same concept / ideas. Finally, the community leave the coins and there are no people to buy the coins.