Is it possible that many coins/tokens may disappear?

[MrSpasybo]

Excellent prediction!
I have seen many tokens disappear from the market, the majority of them failed projects or scams. However, the number of projects & tokens continues to increase, at the moment I see more than 7,000 tokens on Coinmarketcap, and it is expected that this number will soon exceed 1000 if the DeFi projects continue to be borned as simple as today.
Competition is needed to grow, but maybe we only need about 300-500 tokens to be more than enough for the ecosystems in the future economy.

[Confero]

With so many tokens currently available, it is impossible that all of them will get support from the general public. Therefore, many tokens / coins will die or disappear from the market. Therefore we must pay attention to the tokens we have, don't let us lose our money because we miss information or update prices from our asset list.

[Fivestar4everMVP]

Since when you made this post till now, many altcoins have already disappeared, and so many others will still disappear in the future caused buy lack of usage, ones a project is launched and the token has no sustainable use case, sooner or later, the project will die and the token will disappear.

[Jaephoenix]

Obviously, there are many scam and shit coins in the crypto space. They are there and you can't do anything about it. However when push comes to shove, they would disappear when the wheat is sifted from the tares

[vegasus]

If you realize it, many crypto coins have already disappeared till now. So, indeed it is possible to see many crypto coins disappear. I think it can happen because many crypto coins delisted and turned to be scam coins, or be dead coins. I am nor sure how many crypto coins have disappeared, but of course there were already many crypto coins.

[Black ID]

With the increasing number of types of coins in the market it makes me feel dizzy. Too many choices, so that investors in one coin are not optimal. As a result, many coins eventually died, and disappeared suddenly. And this is really very scary.

[Alcor]

With the increasing number of types of coins in the market it makes me feel dizzy. Too many choices, so that investors in one coin are not optimal. As a result, many coins eventually died, and disappeared suddenly. And this is really very scary.

This is not to be feared. Although the number of new types of cryptocurrencies is growing very quickly and now far exceeds seven thousand, as a result, only the necessary and demanded ones will remain on the cryptocurrency market. True, we cannot say how many in the end, at least approximately, there may be in this cryptocurrency market. Perhaps, over time, cryptocurrency can be searched for by areas and certain types of activity or somehow in another way and it will be much easier to use it.

[Jawahara]

I don't ever see that happening cause there are very good coins with actual use case in the real world. The worst thing that could ever happened is that coins that are shitty will eventually disappear.

[debra]

The existence of coins or tokens on the crypto market will depend on how far or how string they can survive. There are numerous cryptos in the market and they should compete with each other. if they have no good promise, real product, no professional team, and also good community management, I think that the coins or tokens will lose their trading volume, going to be dead coins and then disappear. it is so easy for them to disappear if they are not promising and worthy cryptos.

[Debasco]

dont think so, but somehow, because recently i participate in a project and not quiet long the bounty ended the project also pack up and had to return investor funds. so with the look of things its like 50/50 for any coin surviving.

[shadowdio]

Yes of course, many coins will disappear in the market and there are many reasons why that happens like the dev abandoned the  project, scamming people, people will no longer support the coins and etc...

[Galley]

Already initially, a large number of coins were created as one-day.  Projects were created to quickly collect as much money as possible, and dissolve in the crypto space.  Then they appear in a different place and with the same purpose.  Those who really strive to realize their ideas and thoughts continue to work.  And there are many of them.

[bubbalex]

Excellent prediction!
I have seen many tokens disappear from the market, the majority of them failed projects or scams. However, the number of projects & tokens continues to increase, at the moment I see more than 7,000 tokens on Coinmarketcap, and it is expected that this number will soon exceed 10000 if the DeFi projects continue to be borned as simple as today.
Competition is needed to grow, but maybe we only need about 300-500 tokens to be more than enough for the ecosystems in the future economy.

I don't think that 500 tokens is enough, the world is huge and the tokens are not just money, most of them are perform various managerial roles in the work of the project Blockchain. Each technology requires a different control token. I don't think the number of coins should be reduced, I think it's a DeFi solution, instead of switching to a few currencies that everyone uses - using swap platforms, any currency will be freely convertible to any other, thus providing instant liquidity. This principle can already be seen in individual projects. For example, in the Minter Blockchain - any issued token is tied to a native coin, thus any coin has liquidity and functionality from the very beginning of its existence.

[Vladok]

The market is already saturated with altсoin, so it would be very good if only the most promising projects remained on the market.

[Hometown]

Why not, only potential and good coins or tokens can exist in the market otherwise bad reputated and low volumes coins may disappear from the investors, traders and holders among from the market as usual.