Cryptocurrencies Lost To 2018’s Bear Market

Cryptocurrencies Lost To 2018’s Bear Market

There’s been a lot of changes in the market over this past year. The end of 2017 left us with Bitcoin priced over $15,000 but soon after the leading cryptocurrency started to sink into 2018’s cold embrace. There were times during this year when we thought that Bitcoin was on the rise again but it seems that we were fooled and when November came round things took a turn for the worse. Bitcoin lost over a thousand dollars in just 24 hours following the Bitcoin Cash hard fork (potentially).

So yes, 2018 has had a lot of changes and there has been a lot of disappointment for many involved in the crypto space. The markets are sitting lower than they have been in over a year and there doesn’t seem to be any signs of a random surge happening anytime soon. Major coins such as Bitcoin and the now third biggest cryptocurrency Ethereum are still widely used but there are several altcoins which have just been lost in the void that is 2018.

BRIG

The start off, BRIG was an exit scam which took place this year. The memory of the altcoin is on DeadCoins.com and states that BRIG was a “SCAM coin that totally collapsed. SCAM Developers who called themselves Jack BRIG and Jay BRIG. The coin is worthless garbage now and people lost their money.”

The BRIG coin is now worth literally nothing and so it’s basically dead although the BRIG website says “Apache is functioning normally.” Sounds like someone’s lying…

Pincoin

This is a well-known cryptocurrency due to it being classed as the biggest ICO scam in history. Pincoin got lost to 2018, as it should have. With another blockchain company, Ifan, over 30,000 investors were duped out of the equivalent of $660 million.

This certain was specifically outrageous as the company promised “its investors a 40 percent monthly returns on their investment. The company claimed to be overseen by PIN Foundation, and to lure in more investors, Modern Tech promised an eight percent reward to every investor for bringing in another investor, making it a classic multi-level-marketing scheme,” as written by finance magnates.

LottoCoin

To be fair, this coin isn’t actually dead yet but it might as well be. As Coinopsy’s report on the coin reads:

”LottoCoin was founded in 2013 and is not trading on any main exchanges. Was added to the dead coins list due to being a struggling Coin with no volume. Founder/CEO is Unknown.”

What other altcoins do you know which have died this year? Let us know in the comments!

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