Cointime

Cointime

Download App
iOS & Android
Home / Tech

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.

Terra Cardano
Comments

All Comments

Recommended for you

  • Education platform Giggle Academy announces official X account has been restored

    education platform Giggle Academy announced that its official X account has been restored. It stated that Giggle Academy is a free learning application. There are no tokens or fees, only fun education. Please carefully check all content to avoid fraud.

  • Cosine: DEXX has calculated the total loss to be close to 20 million US dollars

    Yu Xian announced on X that as of now, we have analyzed 821 cases of stolen information related to DEXX users, with a total loss of nearly 20 million US dollars. Among them, one person lost over 1 million US dollars, two people lost between 500,000 and 1 million US dollars, and 28 people lost between 100,000 and 500,000 US dollars. The collection of stolen information is still ongoing.

  • A whale liquidated WBTC positions built in the past 10 months 6 hours ago, with a cumulative profit of 14.26 million US dollars

    According to AI aunt's monitoring, the giant whale 0x3c9...8f757 cleared the WBTC built up over the past 10 months six hours ago, with a total profit of about $14.26 million.Starting from October last year, he withdrew 618 WBTC in batches from Binance, with an average price of only $39,899; and gradually reduced his position after BTC reached a new historical high, with an average selling price of $62,921, selling tokens worth a total of $38.89 million.

  • Asset Management Firm Franklin Templeton Files S-1 for New Crypto Index ETF

    On August 17th, Franklin Templeton, an asset management company, is seeking to launch a new exchange-traded fund (ETF) that aims to be a one-stop-shop cryptocurrency investment portfolio, according to a document dated August 16th. The document states that the Franklin Crypto Index ETF will track the performance of the CF Benchmarks Digital Asset Index, which currently only includes Bitcoin and Ethereum. The document states that "the fund will achieve its investment objective by investing in digital assets with weights that are roughly similar to those of the underlying index," and that the ETF may hold other types of cryptocurrencies in the future.

  • VanEck and 21Shares Solana ETF Form 19b-4 Suspected to be Removed from CBOE Website

    According to X user @SummersThings, the 19b-4 form for VanEck and 21Shares Solana ETF seems to have been removed from the CBOE website on August 17th. The documents SR-CboeBZX-2024-066 and SR-CboeBZX-2024-067 are no longer accessible through direct links and are no longer visible in BZX pending rule changes.

  • Runecoin: Season 2 is about to start, with mechanics and timing being the priority

    Runes project Runecoin announced on social media that it plans to start Season 2, prioritizing mechanisms and timing.

  • The IRS released a draft of a new crypto tax form that no longer requires investors to fill in wallet addresses and transaction IDs

    The US Internal Revenue Service (IRS) released an updated draft version of tax form 1099-DA for cryptocurrency brokers and investors to report certain transaction income. The public has 30 days to provide feedback to the IRS on this version.Starting in 2026, cryptocurrency investors who use brokers (currently mainly Coinbase and Kraken, among others) will receive 1099-DA from these brokers to report certain cryptocurrency sales and trades as taxable events to the IRS. IRS officials say this form will "bring more convenience and clarity" to users paying US crypto taxes.The newly released update to form 1099-DA is more streamlined than the IRS's initial tax filing draft released in April. The item for investors to fill in wallet addresses and transaction IDs has been removed (which sparked privacy concerns when the form was first released), and it is no longer required to fill in the time of the relevant transaction, only the date.Drew Hinkes, a partner at Miami law firm K&L Gates and a cryptocurrency lawyer, said the updated form "has greatly improved, reduced the burden of reporting, and significantly reduced the required data reporting."

  • Adidas and Doodles collaborate to launch a limited edition NFT collection pack

    Sportswear giant Adidas is collaborating with Ethereum NFT series Doodles to sell virtual gift packages that support buyers in purchasing exclusive physical clothing. Adidas and Doodles stated in a joint statement that these limited edition collectible packages will be available for purchase before August 16th, with two items in each package. The Adidas Originals x Doodles online store shows that the retail price for a single package is $4.99, while the price for 2 to 100 packages ranges from $8.49 to $374.99.Some joint sets include physical collectibles featuring Deysi, the digital mascot in Pharrell Williams and Coi Leray's new song "Not in the Store". These collectibles include Deysi sportswear and Superstar shoes, with each limited to 200 pieces.

  • MicroStrategy is looking to sell its Class A shares to raise $2 billion to buy more Bitcoin

    MicroStrategy is seeking to sell its Class A shares to raise up to $2 billion to purchase more Bitcoin and for general corporate purposes.In regulatory filings filed with the U.S. SEC, MicroStrategy did not disclose a timetable for stock sales or how much proceeds would be used to purchase Bitcoin.Earlier in June this year, MicroStrategy announced the issuance of $500 million unsecured senior convertible notes to purchase more Bitcoin, and one day later raised the issue price to $700 million.

  • Cointime March 23th News Express

    1. Blast has distributed 10 million Blast Gold to BIG BANG winners and mainnet Dapps

Daily Must-Read

Popular Activities

Delysium $AGI & AI Private Yacht Party

Delysium $AGI & AI Private Yacht Party

March 27 - March 27
Seoul

Popular Tags

Cointime
News
Contents
RSS
Company