Top Two Dead Altcoins to Avoid in December

The crypto market is entering a volatile final month of the year. While many strong projects are falling due to wider macro pressure, a few altcoins are showing deeper, structural problems that point to long-term decline rather than temporary weakness.

Analyst AltcoinBuzz has pointed out that two tokens continue to show shrinking user activity, weak use cases, regulatory troubles and worrying tokenomics. On the surface they may look fine on some days, but the underlying data signals a downward trend that investors should not ignore.

Internet Computer (ICP): Big Promises, Weak Delivery

ICP launched in May 2021 with a huge dream: creating a decentralized version of the internet where apps, smart contracts and data could run entirely on chain. At first, this sounded revolutionary,  but the excitement didn’t last.

The token collapsed almost immediately after launch, dropping nearly 80%  in just six weeks. Many investors believed insiders sold early, and though the lawsuit around this claim was dismissed, trust in the project never recovered. Today, ICP sits nearly 99% below its all-time high.

Technical issues have also held the project back. Developers say the network has strict instruction limits, memory caps and scaling problems.

These challenges are visible in its adoption numbers. ICP averages only around 4,800 daily users, extremely low for a project that once claimed it could replace cloud computing. Combined with an unlimited token supply, ICP continues to lose momentum.

Worldcoin (WLD): Innovation Turning Into Controversy

Worldcoin, backed by OpenAI’s Sam Altman, aims to build a global digital identity system using iris-scanning Orbs. In exchange for scanning their eyes, users receive WLD tokens. But instead of global acceptance, the project is facing global resistance.

Countries including Spain, Germany, Kenya, Portugal, Brazil, Hong Kong, Indonesia and South Korea have banned or restricted Worldcoin due to privacy and ethical concerns. 

Another weakness is the token’s long unlock schedule. With only 23% of the supply in circulation and unlocks continuing until 2038, constant new supply could pressure the price for years. WLD is already down about 74% over the last year, even before the wider market slowdown.

Worldcoin has more daily users than ICP, but regulatory pressure, privacy fears and long-term token dilution are creating a difficult path forward.