@EnergyB0x 13 August 2022

Phenomenology of dead coins. ☠️ Since my portfolio was strongly affected by a Feathercoin investment 5 years ago, my experience suggests a possible evolution by some big steps. At the beginning of crypto adventure, in 2014-2018 period, many stand alone blockchain projects were launched and then died slowly, without a particular reason except of technological gap with Ethereum ecosystem. Then casualties skyrocketed in 2017-2020 when Ethereum based tokens were launched by everyone who had 2k dollars to spend and a good spam structure. The failure of TERRA-LUNA ecosystem coul open a third phase: to death of over boosted Ethereum clones. In this new phase strong and older projects like Bitcoin Cash and related ecosystem could be attractive for investors. But remember, there’ll always be another phase in months or years. Last 3 phases of above described started in a DEFI world precise stepstone.