quick article
WHERE ARE THE NEW PROJECTS?
A third of crypto projects died in 2022,according to data collected by Coingeko in the midst of a bear market with some hacks and bankruptces,so we can have an Idea in the year 2021we had 3.322 projects and in the year 2022 only 1.320
What caused so many projects to sink in 2022,yes my friends, one of the main cause was the bankruptcy of several exchanges such as FTX and BlockFi, others are doing the Impossible to continue in the bear market,precisely because they invest our money in others products and never as 100% liquidity in reserve in case there are large waves of withdrawals.
With market sentiment shaken by lack of confidence,many crypto projects have fallen behind,while their creators have to Chase after Bear market losses. But for sure new times will come, high times and certainly New Altcoins Full of promise have appeared on the market,you have to be optimistic!
in this blog there is no investment recommendation