📉 A new report from AlphaQuest and Storible shows that of the 12,343 crypto projects studied, more than 8,850 have gone down in the last year.

- More than 70% of projects launched during the 2020-2021 bull market failed

- 2023 was the most difficult year in the 2020-2023 cycle, almost 60% of coins “died” during this period

- More than 90% of non-functional coins ceased to exist due to problems with low liquidity and a decrease in trade turnover

Social media analysis will help investors stay informed and cautious in the world of cryptocurrencies.