What Is a Dead Coin?
A dead coin is a cryptocurrency that has become inactive or obsolete. It may have been abandoned by its developers, had its network shut down, or simply lost all of its value due to lack of interest from investors. Dead coins are often referred to as “zombie” coins because they no longer exist in the market and cannot be traded for any significant amount of money.
Dead coins can also refer to those cryptocurrencies which were created with malicious intent such as pump-and-dump schemes or other fraudulent activities. These types of tokens usually do not last long before their creators abandon them and move on to another project. In some cases, these projects will remain active but without any real purpose or use case; this makes them essentially worthless and unable to generate returns for investors who purchased them at an inflated price during the initial hype phase.