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Nearly Two-Thirds of Top 100 Altcoins in 2021 Lost Over 90% of Value

Fortune · ·by G4L

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  1. 1A CoinMarketCap study found that nearly two-thirds of the top 100 altcoins in 2021 lost over 90% of their value by approximately five years after 2021.
  2. 2The median supply growth rate for the 81 tokens that saw a value decline of over 70% since 2021 was 50%.
  3. 3During the same period, Bitcoin showed an increase of approximately 30%.

So what's the key point?

Many coins that were popular in 2021 have seen their value drop by more than 90%. While Bitcoin rose by 30%, many other coins suffered significant losses.

Source Fortune · View original ↗

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