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55 Fascinating Things I Have Recently Learned About Altcoins

Fahri Karakas
15 min readFeb 5, 2025
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Altcoins — the thousands of alternative cryptocurrencies out there — are a wild, unpredictable, and often misunderstood world.

I have spent weeks diving deep into this space, and what I have discovered has blown my mind.

From bizarre use cases to shocking historical events, here are 55 fascinating things I’ve learned about altcoins.

Each one is backed by evidence, packed with insights, and designed to make you rethink everything you thought you knew about crypto.

Let’s begin.

1. Altcoins Can Die Faster Than You Can Say “HODL”

Did you know that over 2,000 altcoins have already died? These are called “dead coins,” and they’re cryptocurrencies that failed due to lack of interest, poor development, or outright scams. For example, Coinye, a coin themed around Kanye West, was launched in 2014 but quickly shut down after legal threats from the rapper’s team.

Why this matters for investors: Always research the team, use case, and community behind an altcoin. A flashy idea isn’t enough — sustainability is key.

2. Some Altcoins Are Backed by Real-World Assets

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Fahri Karakas
Fahri Karakas

Written by Fahri Karakas

Associate Professor in Business & Leadership at University of East Anglia. Passionate about doodling, imagination, and creativity. Author of Self-Making Studio.

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