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Crypto Market’s Near-Apocalypse in 2022 Turns Zombie Tokens Into Dead Coins

The number of cryptocurrencies has dropped by about 1,000 since February, the biggest-ever decline, according to Statista. Often tokens are removed from pricing sites like CoinGecko because they're no longer trading – even if they still technically exist on the blockchain.

When a zombie token gets removed from a crypto pricing site like CoinGecko, it's considered dead, even if it still technically exists on the blockchain. (Sergey Nikolaev/Unsplash)
When a zombie token gets removed from a crypto pricing site like CoinGecko, it's considered dead, even if it still technically exists on the blockchain. (Sergey Nikolaev/Unsplash)