Most top 100 altcoins are defunct, and 'fake business' tokens will go to zero

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Original Report

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Nearly three out of four tokens that reached the top 100 on CoinMarketCap are now defunct, with a median lifespan of just over two years, and altcoins based on celebrities, political figures, or 'fake businesses' are particularly vulnerable, predicted to drop to zero as they use investors as exit liquidity.