Those years I bought zero coins
[Sigh R] So-called star projects:
Terra (LUNA) - Algorithmic stablecoin collapse.
BitConnect (BCC) - Ponzi scheme.
SafeMoon - Zero after excessive marketing.
Squid Game Token (SQUID) - Rug pull scam.
OneCoin - Proven to be a complete scam.
Verge (XVG) - Multiple hacks leading to zero.
Titanium Blockchain (BAR) - Founder arrested for fraud.
CarVertical (CV) - Project failure, coin price near 0.
Dentacoin (DCN) - Insufficient industry demand.
Paycoin (XPY) - Ponzi scheme, founder arrested.
[Leaning on the wall R] Technical or market failure cases
EOS - Once the “Ethereum killer”, failed to deliver ecological promises.
The DAO Token (DAO) - Quickly collapsed after being hacked.
Bee Token (BEE) - P2P housing rental project never materialized.
Status (SNT) - Crypto communication application failure.
ICP (Internet Computer) - Severe hype in the early stages, followed by a market collapse.
Tezos (XTZ) - Internal management and legal issues led to loss of market confidence.
[Black sweet potato question mark R] Projects that went to zero after community hype
Decentraland (MANA) - Prices plummeted after the metaverse craze faded.
Electroneum (ETN) - Mobile mining concept failed.
Clover Finance (CLV) - Failed to attract enough developers and users.
WAVES - Technical and community governance issues.
TRON (TRX) - Community trust issues, ecosystem shrinkage.
Storj (STORJ) - Insufficient demand for decentralized storage.
Siacoin (SC) - Similar failure in decentralized storage.
The lessons for me are:
1. Team commitments not fulfilled: Many projects overpromise but technology or market cannot keep up.
2. Market hype too hot: When the craze fades, project value plummets.
3. Technical or security issues: Hacks, code vulnerabilities, etc., lead to loss of investor confidence.
4. Regulatory pressure: Some projects proven to be scams or shut down due to compliance issues.
The primary market Marvin is good, everyone can pay attention to it properly