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More than 800 cryptos are now worthless and worth less than a cent, writes CNBC
The initial offer of coins (ICO) exploded. Investors traded digital currencies against corporations for a total of $ 3.8 billion in 2017, or about $ 31.1 billion. So far this year, investors have traded a total of $ 11.9 billion, about $ 97.3 billion.
However, hundreds of these projects are worthless because they were scams, a joke or the product did not materialize. Dead Coins is a site that displays all the cryptographic currencies that fall into these categories. Until now, it has been identified just over 800 cryptos considered worthless.
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