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Dead projects of crypto projects are (allegedly) scams. Most of the scams allegedly appeared in 2017, perhaps inspired by bull markets. In this dataset, the number of frauds spiked more than five times in 2017 compared to the previous year.
It is not surprising that many projects die because they do not think about the long term, get profit for a while and then leave it. there are project died before listed on market and many projects died after being listed on the market because there was no circullation (buy and sell) of coins then became shitcoin.
It is obviously true in cryptocurrency market. It is trending now. Most of the investors loose valuable money 4 that. In about 90% project became scam launching after 1-2 years.