Nearly two-thirds of 2021’s top 100 altcoins have lost more than 90%, CoinMarketCap data shows

Nearly two-thirds of the top 100 altcoins from 2021 have lost more than 90% of their value, according to CoinMarketCap research. This decline occurred despite those projects appearing as long-term investments with functioning networks and ambitious roadmaps. Even Bitcoin only managed a 30% increase over the same period. Good projects failed to consistently make good investments, as even strong teams, useful technology and growing networks didn't guarantee the token would capture the economic value being created.