Dead Coin

By: WEEX|2024/10/25 08:26:52

A "dead coin" refers to a cryptocurrency that has ceased to exist or has lost all of its value. This typically happens when the development team abandons the project, it fails to gain traction in the market, or it’s revealed to be a scam. Dead coins have little or no trading volume and often disappear from exchanges. Examples include BitConnect (BCC), which collapsed after being exposed as a Ponzi scheme. Once valued in the billions, BCC quickly became worthless, rendering it a "dead" cryptocurrency.

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