48% of websites developed for investable companies between 1995-2000 didn’t exist by 2004. How the infamous ‘dot com’ bubble informs us that most crypto projects won’t exist within the decade.

If you’re a crypto veteran, you’ve likely taken note of the influx of new projects and tokens/coins alike that have flooded the crypto space; if you’re new to crypto you’re probably overwhelmed by just how many exist!

Now, more than ever, crypto has been flooded with an overwhelming number of projects with each and every one aiming to breakout and achieve market caps in the billions, however, this just isn’t possible and the sad fact is - most of the projects available now won’t exist within the decade.

From 1995-2000 the world experienced the ‘dot com’ bubble, basically with the onset of the internet companies/websites began appearing and investors flooded the space to jump on anything that seemed viable - and because of the high interest the Nasdaq composite index rose from 1000 to 5400 over this time!

Alas, many of these companies couldn’t deliver on their promises as stated in their websites, and some never intended to at all, which eventually resulted in the bubble popping and a market crash.

48% of companies and sites from this time no longer existed by 2004.

So what can we learn from in?

Crypto is amazing and I would argue one of the most revolutionary technologies of the modern era - similar to how the internet was. It is also gaining massive traction, and as a result thousands of cryptos are appearing.

Based on history, half of these will disappear.

And based on logic, probably a lot more - I mean the dot com bubble at least required a business proposition to attract investors, a crypto can do so on the pure hopium of a moon shot return.

Let’s learn from history - it repeats itself more than we realise in different shades of the same colour.

Thank you for reading, happy distribution week everyone! Don’t forget to vote on the polls.

TL:DR - The massive amount of crypto projects mirrors the ‘dot com bubble’, where 48% of websites from 1995-2000 didn’t exist by 2004. Be mindful that most cryptos won’t exist within the decade.