If someone wants to start investing in a particular currency today, they need to know details such as: Does the project still exist? Was it abandoned? Is this project promising? Have social networks? What is its purpose? These questions along with research can help you not blindly invest in a dead project.
There are two websites that help us identify projects that are abandoned, or are heading for death, as well as their founders.
1 Website: DeadCoins.com
How does the deadcoins site work?
This page provides a list of all cryptocurrencies that are considered dead for the following reasons:
- It's scam (it's considered a scam).
- Forsaken (is considered abandoned).
- Dead site.
- Wallet issues
- There are no social updates.
- Low volume
- The developers moved away from the project.
On DeadCoins.com they list:
- Abandoned
- The Hacked.
- Those who are Scam.
- And those that are parodies.
2 Website: Coinopsy.com
How does the Coinopsy site work?
It is similar to DeadCoin, which helps you identify dead coins.
If these sites still leave you in doubt, consider a few options:
1- Study the currency design you want to invest.
2- Do they have active social networks? Check the latest posts
3- Search for reliable sources
There are several other ways that can help you that are not described here, but the intention is, investment? - Be careful not to pick dead coins.