The ShitcoinGraveyard website will record the failed cryptocurrency and assess the likelihood of an existing cryptocurrency dying

On June 16th, the ShitcoinGraveyard website will record failed cryptocurrency items. The site is the idea of ​​four Berlin encryption entrepreneurs and bitcoin bulls: CEO Roman Kemper, DAO planner Marten Rauschenberg, marketing director Yannick Eckl and chief financial officer Christoph Klischa. Yannick Eckl said the team has compiled a database of 4,000 cryptocurrencies. About 900 of these “deaths” were due to a sharp decline in trading volume, stagnant time series structures, and a downturn in social media. In addition, ShitcoinGraveyard monitors existing cryptocurrencies to assess the likelihood of their death.