Crypto Market’s Near-Apocalypse in 2022 Turns Zombie Tokens Into Dead Coins

“During this period, many anonymous cryptocurrency, token, and coin projects were released by various anonymous developers with little or no value or any immediate or discernible purpose,” Julia Ng, growth marketing at CoinGecko, wrote in a recent article. analysis. “Few were really committed to their projects, which resulted in a high failure rate and thus their eventual demise.”