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Author Topic: Is it true that most of the altcoins will not survive the next cryptocurrency  (Read 29400 times)

Offline Fenix

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In the last few days, bitcoin has been growing pretty well in price, and after this time all altcoins have gone up this time. This refutes the assumptions that altcoins will never rise and die. Now they show their vitality and ability to grow and develop. So everything will be fine with them.

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It is possible that some altcoins will not survive but we cannot say most altcoins will not survive, only time will tell if some coins will survive or not.

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Actually coins /tokens existence depends on actual trading volumes, project development, quality of service, concepts motivation for consumers /investors, and others some technologies issues. But some unfamiliar coins have not much facilities above. So all coins never exist in long run.

You can't expect all new projects to have something as detailed as that. Yes its hard to know if a coin is legit unless you've seen all element that you mentioned above. I agree that some coins and tokens will not be here in the long run as their purpose is only to be traded until it dies. I noticed a lot of coins like this in the past and many have just repeating all the same mistakes all over again.
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Offline Delgboke

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In my opinion I think any altcoins that cannot stand for the next cryptocurrency infrastructure innovation which is the new technology that is going to be implemented in the next crypto phase may likely die off as said,  because cryptocurrency is all about innovation.
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Offline Andruha1993

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The old altcoins that are already dying (lose their price or their product is not claimed) will be replaced by new altcoins which will have a good and working product and people will need this product. Accordingly, the price of these altcoins will grow and they will be popular.
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only the shitcoins will never survive if the bearish market happens again. I believe only the trusted altcoins will survive for long like in the top coinmarketcap, even dogecoin has no project behind, but it can survive for long because many people support doge. As long people support their favorite cryptocurrencies it can survive for long.

Offline masterrex

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That's true and in fact we can see that it all happening today, Even we don't know yet how or what is the exact definition of the so called crypto apocalypse. Most of the projects that was not useful or no product or services that was offered was slowly fading away. that's the harsh truth about crypto so we better ready.         

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Currently there are many new altcoins, there are hundreds or even thousands of altcoins. And not all of them are listed on Coinmarketcap. Altcoin which is registered in Coinmarketcap only and is ranked below there is a possibility will die because it does not have strong support from the public, especially altcoin-altcoin that is not registered. But for Altcoin which is ranked at the top, I don't think it should worry, because these altcoins are definitely able to survive.
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Offline tasyad12

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I don't know for sure because I can't predict it, but I still believe Altcoin can survive even if not all of it
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Offline Luckyperson21

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Of course. The function of a coin must be clear if it is to be used by a lot of people. At present, there are many altcoins that are not clear. They are still on the coin market even though no one is interested. even some of them, have been abandoned by his team.

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Yes brother you just say very important and effective information because maximum new altcoins will not survive due to weak technologies, development, project management, unfit exchange and IEO and ICO price adjustment.

Offline Altcoin1998$

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Nowadays maximum number of new altcoins are scams and fake. They perform their project with pilgrims whitepaper, technical paper and roadmap. If they complete their project with huge success but they are not fit to arrange a good exchange. Hence many alternative coins will not survive the next cryptocurrency.
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    10 Posts First Post Fifth year Anniversary
It's true that most of the altcoins will not survive, it is a guaranteed truth, as you can see there's a lot of new projects out there that provide no utility or real usecase, just a full forked code from another project so in that case they will not survive because who will be interested in a project when there is another who is first to do it so.

Offline aji678

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    Fifth year Anniversary Fourth year Anniversary 10 Posts
I think the only popular altcoin that still survives. it is very difficult for new altcoin to last long, new altcoin only a moment later slowly begins to disappear.
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Offline Mila

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    10 Posts First Post Fifth year Anniversary
Most likely, future cryptocurrencies will be more perfect, and the old ones will surely die. But the question is, how soon will it be?

 

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