Many of the dead coins are just a big joke, they were made with the intentions of not being the best or greatest currency. Or to just profit off a person name/reputation. Some coins also fall into the scam category due to the fact they used the name to stand out and pump the coin. Then soon after the developer will sell all his coins and abandon the project. This is why most coins are listed as abandoned projects.
Some of them are just made to take the piss. So are made to take the seriousness out of the currency in general. What you have to understand is the a currency does not have to please stock holders only do it’s job correctly. That job is mostly holding its value and being easy to spend on services and goods.
Reasons why Joke coins are made
- For a laugh (AssPennies)
- To mock cryptocurrency (Trollcoin)
- To mirror a more serious coin (Useless Ethereum Token)
- To profit off a persons name (ObamaCoin)