Verus And Other Altcoins

verus(47)
Published in
#altcoins
Words
118
Reading
1 min
Listen
Play
4y


image source

After doing research on the crypto coins with a market cap rank of 300-600 I really am surprised with how many sh*t coins are out there.

  • About 40% never recovered from the pump and dump once it was launched.

  • About 40% has an unidentified founder and team.

  • About 60% don’t offer anything new, just more of the same what is already out there.

  • About 70% had an ICO and/or was VC backed.

And about 40% has 3 or more of the above that apply...

I really can’t imagine the popularity of Verus once people find out about this coin. Also these kind of coins that go nowhere really have a bad impact on cryptocurrency in general.

Verus And Other Altcoins | Ecency