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Terra and Cardano among the top 10 ecosystems with the most “dead coins”

According to a recent report by AlphaQuest Research, the Terra and Cardano ecosystems are among the top 10 categories with the most dead coins, with 74% of projects in the Cardano ecosystem being "inactive". The report states that nearly 60% of inactive tokens will disappear between 2020 and 2023. After analyzing over 12,000 cryptocurrency projects, AlphaQuest reveals that most of these cryptocurrencies have either been delisted from CoinMarketCap, have low liquidity and trading volume, or have deactivated Twitter accounts and websites.

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