Cardano Struggles as Majority of Cryptos Fizzle Out

šŸ” Recent report: 74% of cryptos 'dead', including many from Cardano.

1. High Failure Rates: 65% of listed cryptos since 2014 failed.

2. Bull Run Casualties:7,530 projects failed from 2020-2021 bull run.

3. Terra, Cardano Lead in Failures:Both ecosystems saw high project failures.

4. Improvement in Quality:2023 saw fewer failures, suggesting better quality projects.

5. Due Diligence Vital: Risks underscore need for research and compliance.

#Cryptocurrency #Cardano #Deadcoins #MarketAnalysis