The Crypto Market Is Dead: 6,000 Out of 8,000 Projects Are Scams

The Crypto Market Is Dead: No Retail Buyers Left, Faith Is Gone, and 6,000 Out of 8,000 Projects Are Pure Scams

The crypto market is no longer just in a bear market — it’s dying.

In this video we break down the uncomfortable truth:

  • There are currently 8,130 crypto projects in existence.
  • Around 6,000 of them are pure scams.
  • Only about 2,000 can be considered somewhat legitimate.
  • Real projects that actually deliver value to users? No more than 400.
  • Over the past year, 3,000 projects have already disappeared.
  • Another 20 are being wiped out every single week.

Retail buyers have left the market. Faith has been completely destroyed after years of lies, fake metrics, and capital extraction by centralized exchanges and scam projects.

The “Great Crypto Purge” is not something that might happen in the future — it is already in full swing. Fraudulent projects are being shut down because maintaining them has become more expensive than closing them.

While most of the market is collapsing under the weight of its own deception, a small number of projects continue building real products without relying on fake volume or paying huge listing fees to centralized exchanges.

If you want to understand what’s really happening in crypto right now and why most projects have no future, watch until the end.

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Full article: https://quasa.io/media/the-crypto-market-is-dead-no-retail-buyers-left-faith-is-gone-and-6-000-out-of-8-000-projects-are-pure-scams

#GreatCryptoPurge #QUASA #Crypto

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