Most crypto have a reputational problem and a short life span.

With 60% of all crypto tokens having died since 2014.  

This number is even higher for tokens created during the previous bull run in 2020 - 2021, with 70% of them being dead. 

The reason for such a high failure rate?

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Instead of representing projects solving real problems, they are: 

- Used for pure gambling / online casino
- Resemble pump and dump or rug pull schemes 

All of this done under the rosy marketing gimmicks and promises of 'building communities'.

Not surprisingly, the vast majority of them have a very short life.

As the teams who created them quickly abandon them.

Only to move on to launch new shiny tokens.

So next time you see a new 'promising' sh*t token, keep in mind that most likely it's gonna have a very short life span.

The ease of deploying tokens and the boom in sh*t coins. 

Not surprisingly, most tokens these days:

- Have no underlying product
- Don't solve any particular problem
- Launched by shady anonymous teams