The cryptocurrency market has witnessed explosive growth over the past decade, with thousands of digital assets emerging during this time. However, not all cryptocurrencies have managed to survive and thrive. In the world of crypto, there is a phenomenon known as “dead coins.” This article aims to shed light on what dead coins are, why they become inactive, and how to identify them in a crowded crypto landscape.

What are Dead Coins?

Dead coins refer to cryptocurrencies that are no longer active or have become obsolete. These are digital assets that have lost their value, community support, or development activity. Essentially, dead coins are abandoned projects within the cryptocurrency ecosystem.
While the concept of dead coins may seem straightforward, it’s important to note that not all inactive or dormant projects are necessarily dead coins. Some projects may experience temporary setbacks or periods of inactivity due to various reasons, such as team restructuring or market conditions. However, dead coins are characterized by their permanent state of inactivity, lack of development, and loss of value.

There are quite a few dead coins a trader can find during their crypto trading journey. In fact, there are hundreds, if not thousands of dead coins that can be found on various DEXes such as Pancake Swap or Uniswap. Typically, these projects never leave the domain of decentralized exchanges. However, there are some examples of cryptocurrencies that managed to get their own share of popularity and trading volume, making their names in the crypto space. Let’s take a look at some of the examples of deceased coins that you might’ve heard in the past:

FTX Token (FTT): FTX collapse was one of the most notorious events of 2022, which led to bankruptcy of many FTX’s investors, as well as FTX’ native token – FTT. Just in a few days FTT lost more than 80% of its price, which led to imminent death of the token.
Terra Luna (LUNA): Terra Luna was in the top 10 projects by market capitalization, with a price of more than $80 per their LUNA coin. However, now LUNA is dead. The reason for this is that Terra Protocol’s algorithmic stablecoin UST has lost its peg to the United States Dollar, and instead of $1 it cost around $0.12 (as of 17.05). After Terra’s ecosystem collapsed, it lost around 40$ billion, and LUNA lost 99% of its value, which led to the coin’s death.
Bitconnect (BCC): Bitconnect was a cryptocurrency that operated as a lending platform and promised high returns to investors. It gained significant attention but was ultimately revealed to be a Ponzi scheme. The project collapsed in 2018, leading to a complete loss of value for the coin.
My Big Coin (MBC): My Big Coin was marketed as a digital currency for online transactions. However, the U.S. Commodity Futures Trading Commission (CFTC) sued the project, alleging fraud and misappropriation of funds. My Big Coin faced legal troubles and eventually became a dead coin.
Auroracoin (AUR): Auroracoin was an Icelandic cryptocurrency created to distribute digital wealth to the citizens of Iceland. It aimed to circumvent the country’s economic crisis. However, after an initial surge in value, the project lost traction and eventually became inactive.

Top 4 Reasons Why Coins Die

Understanding the reasons behind dead coins’ demise can provide valuable insights into the challenges faced by crypto projects. Here are the top four reasons why coins die:

  1. Lack of Development: One common reason for a coin’s demise is the absence of active development. Cryptocurrencies require continuous improvements and updates to remain relevant. If a project lacks ongoing development, it can quickly lose traction and fade away.
  2. Scams and Fraudulent Projects: Unfortunately, the cryptocurrency market has seen its fair share of scams and fraudulent projects. Some coins are launched with the sole intention of defrauding investors. Once their objectives are achieved, these projects vanish, leaving investors with worthless tokens.
  3. Lack of Community Support: A thriving cryptocurrency often depends on an active and engaged community. If a project fails to build a strong community around it, it may struggle to gain traction or attract attention. Without support and interest from users, the coin may gradually lose its relevance.
  4. Technological Obsolescence: Technology evolves rapidly, and cryptocurrencies must adapt to stay relevant. If a coin’s underlying technology becomes outdated and fails to keep up with advancements, it can lose its competitiveness and fade into obscurity.

How to Understand if the Coin May Die Soon

Predicting the future of a cryptocurrency is challenging, but there are several factors that can provide insights into whether a coin is likely to die soon or face a significant decline. While no method can guarantee accuracy, considering the following aspects can help assess the health and potential longevity of a cryptocurrency project:

  • Lack of a Roadmap: A clear and transparent development roadmap is crucial for the growth and sustainability of a cryptocurrency project. If a project fails to provide a detailed plan outlining upcoming updates, improvements, or milestones, it may indicate a lack of direction and potential stagnation.
  • Declining Community Activity: Monitoring the level of community engagement is vital. If a cryptocurrency’s online forums, social media channels, or community platforms show a significant decrease in active participants, discussions, or contributions, it could be an indication of diminishing interest and a potential warning sign.
  • Negative News or Controversies: Consistently negative news, controversies, or legal issues surrounding a cryptocurrency can significantly impact its reputation and future prospects. Scandals, regulatory hurdles, or security breaches can erode trust and lead to an irreversible decline in value.
  • Lack of Partnerships or Real-World Adoption: Partnerships with established organizations or integration into real-world applications can indicate a cryptocurrency’s potential for growth and mainstream adoption. If a project struggles to secure partnerships or lacks significant real-world use cases, it may struggle to gain traction and could face an uncertain future.
  • Inactive Team: The involvement and dedication of the project’s development team and core members play a crucial role in its success. If key team members leave, communication with the community ceases, or the project’s website becomes inactive, it may suggest a lack of commitment and increase the likelihood of the coin dying soon.
  • Market Performance: The price and market performance of a cryptocurrency can be indicative of its health. A persistent decline in price, low trading volume, or lack of market interest over an extended period may signal diminishing investor confidence and a potential decline in the coin’s viability.

What to Do if You Have Coins That Might Soon be Dead?

If you find yourself holding crypto coins that might soon be dead, it’s important to take proactive steps to minimize potential losses. Consider the following actions:

  1. Research and Assess: Conduct thorough research on the coin and project in question. Look for any recent developments, news, or updates that may indicate a potential turnaround or revival. Evaluate the fundamentals, technology, team, and community sentiment surrounding the project. This analysis can provide insights into the likelihood of the coin’s recovery or demise.
  2. Cut losses: If your research suggests that the coin is unlikely to recover or if the risks outweigh the potential rewards, consider cutting your losses. Selling the coins at the earliest opportunity can help minimize further losses. It’s important to set clear exit criteria or predefined thresholds based on your risk tolerance and investment strategy.
  3. Set Stop Loss Orders: If the coin is still trading actively on exchanges, you can utilize stop loss orders. A stop-loss order automatically triggers a sell order when the coin’s price reaches a predetermined level. This ensures that you can exit the position if the coin’s value continues to decline, limiting potential losses.
  4. Monitor market conditions: Keep a close eye on market conditions and the performance of the coin. Watch for any significant developments or events that may impact its value. Stay informed about the overall cryptocurrency market trends, regulatory changes, and technological advancements. This information can guide your decision-making process and help you react appropriately.
  5. Seek Liquidity: If the coin has lost its value and liquidity has significantly decreased, it may become challenging to sell the coins on major exchanges. In such cases, consider exploring alternative trading platforms or over-the-counter (OTC) markets to seek liquidity and potentially sell the coins.
  6. Learn from the Experience: Treat the situation as a learning experience. Assess why you invested in the coin, what warning signs you may have overlooked, and what lessons you can learn for future investments. This self-reflection can help you refine your investment strategy and make more informed decisions in the future.
  7. Diversify and reinforce your portfolio: To mitigate risks associated with potential dead coins, ensure that your portfolio is diversified across different cryptocurrencies and investment strategies. Allocate your funds to established projects with solid fundamentals and promising prospects. Diversification helps spread the risk and can offset losses incurred from specific coins.


In the dynamic world of cryptocurrencies, dead coins are an unfortunate reality. Identifying these inactive projects is crucial to make informed investment decisions and avoid potential pitfalls. By analyzing factors such as development activity, community engagement, social media presence, trading volume, and team communication, crypto enthusiasts can gain insights into the viability of a coin. Staying vigilant and conducting thorough research is key to navigating the crypto landscape and identifying promising projects that have a higher likelihood of long-term success.


What are dead coins?

Dead coins refer to cryptocurrencies that are no longer active or have become obsolete. These are digital assets that have lost their value, community support, or development activity. Essentially, dead coins are abandoned projects within the cryptocurrency ecosystem.

What are the examples of dead coins?

FTT, Bitconnect and Auroracoin are the examples of dead coins.