The Most Famous Dead Coins

Forex Fraud Analyst Team

In cryptocurrency vernacular, a Dead Coin is any coin program that has ceased to exist. According to one website’s recently updated list, there are 1,719 dead coins in the crypto realm. These programs have garnered this status for a variety of reasons, such as no longer being sold or traded, no longer proceeding with development efforts, being shut down due to hacking compromises or scams, absentee management with poor plans, and several other actions that could lead to bankruptcy.

1-BitConnect (BCC)

2-Gem Coin (GEM)

3-PayCoin (XPY)

4-Decentralized Autonomous Organization (DAO)

The first step to avoiding many of the pitfalls of investing in crypto programs, especially potential zombie tokens and dead coin programs, is to partner with a safe crypto broker.

Cryptocurrencies have taken the investment world and the public by storm since their humble beginnings some 13 years ago, but the industry has also had a very bumpy road due to fraud, scams, shady business practices, and outright mismanagement.

https://www.forexfraud.com/avoid-forex-fraud/most-famous-dead-coins/ #bankruptcy

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