Crypto Top-100 Lifespan: Just Two Years Before Disappearance
A new analysis by CryptoRank has found that over seven in ten cryptocurrencies that previously entered the top 100 by market capitalization have effectively stopped operating.
The study, which examined 1,539 cryptocurrencies that at one point broke into the top 100 by market value, classified a project as inactive if its daily trading volume stayed below $10,000 for 90 consecutive days and it had been delisted from major exchanges.
The average lifespan of these top-100 cryptocurrencies was only about two years and four months, suggesting that many projects rose into the top tier on the back of early investor interest and liquidity, only to fail to survive over the longer term.
CryptoRank estimated that 62% of the current top 100 could stop operating within five years, with a projected 84.7% shutting down within ten years.