Dead Coin Checker
This tool helps identify dead cryptocurrency projects using key metrics from the article. A dead project has zero trading volume, no development activity, and no community engagement.
Thereâs a coin called MELX (MEL) that still shows up on some crypto websites. If you Google it, you might see claims that itâs a privacy coin or the token behind a futuristic metaverse. But hereâs the hard truth: MELX is not a working cryptocurrency. Itâs a ghost.
What MELX claims to be - and what it actually is
Some exchanges like Bitget and Coinbase still list MELX with vague descriptions. One says itâs a privacy-focused digital asset. Another says itâs the fuel for a metaverse that connects digital and real life. Sounds promising, right? But none of these claims have any proof. No whitepaper. No team names. No GitHub repo. No developer updates since 2023. Thatâs not innovation - thatâs a placeholder. MELX was launched in 2018 as an ERC-20 token on Ethereum. That means itâs just a line of code on someone elseâs blockchain. It doesnât have its own network. It doesnât mine. It doesnât stake. It doesnât even have a consensus mechanism. Itâs a token with no purpose - and no one using it.The numbers donât lie: zero activity, zero value
As of November 2025, MELX has $0.00 in 24-hour trading volume across every major exchange. Zero. Not $10. Not $1. $0. Thatâs not a low-volume coin. Thatâs a dead one. CoinDesk confirmed this on November 8, 2025. Even the smallest active tokens have at least $50,000 in daily volume. MELX doesnât even make the bottom 2,000 coins on CoinGecko, which requires a $50,000 market cap just to be listed. MELXâs market cap? Around $22,000. Thatâs less than the price of a used motorcycle. The price is stuck at $0.0010-$0.0011. That hasnât changed in over two years. Why? Because no one is buying or selling. If you tried to sell your MELX right now, you wouldnât find a buyer. Not on Binance. Not on Coinbase. Not on any decentralized exchange. The liquidity is gone. The market has abandoned it.Who holds MELX? Almost no one
On-chain data from Etherscan shows only 127 unique wallets hold MELX. And 98% of those are exchange wallets - meaning the coins are sitting in exchange vaults, not in peopleâs hands. Thatâs not adoption. Thatâs inventory. Real users? Almost none. No Reddit threads. No Telegram groups. No Twitter buzz. Not even a single complaint on Trustpilot or CryptoSlate. Most failed projects at least have angry users. MELX doesnât even have that. Itâs not hated. Itâs forgotten.
Why does it still show up on exchanges?
Exchanges list hundreds of low-quality tokens. Some are scams. Some are abandoned. Some are just mistakes. MELX falls into the last two categories. Once a token gets listed, exchanges rarely remove it unless regulators force them. They keep it on the site because it costs nothing to leave it there. The price chart still updates. The ticker still shows. But the trading engine? Itâs offline. Youâll see âMELX/USDTâ or âMELX/BTCâ pairs on some sites. Donât be fooled. Those are just labels. No trades are happening. Itâs like seeing a sign for a restaurant that closed five years ago. The signâs still up. The lights are off.How does MELX compare to real projects?
Compare MELX to Decentralandâs MANA token. MANA has a $620 million market cap, active developers, real events in the metaverse, and daily trading volume in the tens of millions. Or look at Monero (XMR), a true privacy coin with $1.2 billion in quarterly transactions. MELX doesnât just lose to them - it doesnât even exist in the same universe. Even tiny metaverse tokens like Somnium Space (CUBE) have $50,000+ in daily volume. MELX has zero. No oneâs building on it. No oneâs using it. No oneâs even talking about it. Itâs not a competitor. Itâs a footnote.Can you still buy or use MELX?
Technically, yes - if you find someone willing to give it to you for free. But you canât trade it. You canât send it to a wallet and expect someone to receive it. You canât stake it. You canât use it in any app. There are no guides on how to add it to MetaMask or Trust Wallet because no one has ever needed to. The smart contract exists, but the ecosystem around it is dead. If you bought MELX today, youâd be holding digital paper. No one wants it. No one will ever pay you for it. And if you try to withdraw it from an exchange, you might not even be able to - some platforms restrict withdrawals for tokens with zero volume.
Why should you avoid MELX?
This isnât about risk. This is about futility. MELX isnât a risky investment. Itâs a waste of time. Thereâs no chance of recovery. No roadmap updates. No new team members. No code commits since 2023. Chainalysis and Messari both classify tokens like this as âfunctionally defunct.â Thatâs crypto jargon for âdead.â Even if you believe in the idea of a metaverse or privacy coins, MELX has nothing to do with either. Itâs not a part of that future. Itâs a relic from a time when anyone could create a token and slap a buzzword on it. âMetaverse.â âPrivacy.â âDecentralized.â All empty labels. No substance. No future.What should you do if you own MELX?
If you have MELX in your wallet, donât panic. Donât try to sell it. You canât. Instead, just leave it there. Donât send more money to buy it. Donât fall for fake âairdropsâ or ârebirthâ scams claiming MELX is coming back. Those are new scams built on the corpse of this one. The only thing you can do is forget about it. Delete the bookmark. Unfollow the Twitter account. Close the tab. Move on. Your time and money are better spent on projects with real teams, real activity, and real users.Final verdict: MELX is not a crypto coin. Itâs a graveyard.
MELX (MEL) doesnât have a future. It doesnât have a community. It doesnât have value. It doesnât even have trading volume. Itâs a token that was created, listed, and then forgotten - a digital ghost haunting crypto directories. If youâre looking for a cryptocurrency with potential, look elsewhere. There are thousands of real projects out there - building, shipping, growing. MELX is not one of them. Itâs a warning sign: donât trust buzzwords. Always check the data. And if the volume is zero? Walk away.Is MELX (MEL) a good investment?
No. MELX has $0.00 in daily trading volume as of November 2025, meaning no one is buying or selling it. It has no active development, no community, and no real-world use. Holding it is like owning a piece of digital paper with no value. There is no path to profit.
Can I still trade MELX on exchanges?
You can see MELX listed on some exchanges like Binance and Coinbase, but there are no active trades. The 24-hour trading volume is $0.00. Even if you try to place an order, no one will match it. You cannot buy or sell MELX in any meaningful way.
What is the current price of MELX?
MELX is priced around $0.0010-$0.0011 across platforms, but this is just a static number. Since no trades are happening, the price is meaningless. Itâs not based on market demand - itâs a placeholder left over from when the token was last active in 2023.
Is MELX a privacy coin or a metaverse token?
Some websites claim itâs one or the other, but neither claim is true. MELX has no privacy features like ring signatures or stealth addresses. Itâs not used in any metaverse platform. These labels were added for marketing and have no technical basis. The project has no whitepaper, team, or code to back up either claim.
Why hasnât MELX been delisted from exchanges?
Exchanges rarely remove low-volume or inactive tokens unless pressured by regulators. Keeping MELX listed costs them nothing. The ticker still displays, the chart still updates, and it takes up no space. But that doesnât mean itâs alive - it just means the exchange hasnât cleaned up its junk drawer yet.
Can I use MELX in wallets like MetaMask?
You can manually add the MELX token contract address to MetaMask or Trust Wallet, but thereâs no point. No apps accept it. No services recognize it. You canât send it to anyone who will use it. Itâs just a balance in your wallet with no function or value.
Is MELX a scam?
Itâs not a scam in the traditional sense - thereâs no evidence of fraud or theft. But itâs a dead project that misled people with empty buzzwords. It was likely created to attract early buyers, then abandoned. Today, it serves no purpose and has no future. Treating it as a real asset is a mistake.
What happened to the team behind MELX?
No one knows. There are no names, no LinkedIn profiles, no social media accounts, and no public statements. The project vanished without a trace after 2023. This is common with low-quality crypto projects - the team disappears once the initial hype fades.
Are there any success stories with MELX?
No. There are zero verified success stories, no case studies, no user testimonials, and no documented use cases. Even the most obscure tokens have at least a few people who used them. MELX has nothing. Itâs completely irrelevant in the crypto space.
Should I avoid all low-market-cap coins like MELX?
Not all low-cap coins are dead. Some have real teams and growing communities. But MELX is different - it has zero volume, zero activity, and zero documentation. If a coin has no trading, no updates, and no users, itâs not a gamble - itâs a trap. Always check volume, developer activity, and community engagement before investing in any small coin.
Wow, this is such a clear breakdown. I had no idea MELX was this dead - I thought it was just low volume. Thanks for the truth bomb đ
Itâs not just MELX. Itâs the entire ecosystem of digital ghosts - tokens with buzzwords but no bones. Weâve turned investing into a graveyard scavenger hunt. And yet, people still dig.
Whatâs sadder? That theyâre fooled⌠or that no oneâs surprised anymore?
Thereâs a quiet horror in watching something vanish without a fight. No drama. No lawsuit. No farewell tweet. Just⌠silence. Like a candle snuffed in an empty room.
We call it âcryptoâ - but half the tokens are just digital smoke, lit by hype and left to smolder.
Why do we keep looking for meaning in abandoned code? Is it hope? Or just the fear of admitting weâve been chasing phantoms?
Maybe we donât need more coins. We need better ghosts.
Or better yet - a collective refusal to honor empty labels.
Every time I see âprivacy coinâ or âmetaverse fuelâ on a zero-volume token, I hear a funeral bell. And I wonder whoâs still paying to ring it.
Itâs not about the money lost. Itâs about the time wasted believing in nothing.
And yet⌠we still click.
Thatâs the real scam.
One must observe, with the precision of a seasoned epistemologist, that the MELX phenomenon represents not merely an economic failure, but a semiotic collapse - a linguistic vacuity masquerading as technological innovation. The very nomenclature of âMELXâ evokes the hollow cadence of corporate rebranding, devoid of ontological grounding.
That such a token persists on exchange interfaces speaks less to market inefficiency and more to institutional complacency bordering on negligence. One cannot help but lament the erosion of epistemic standards in digital asset curation.
The absence of a whitepaper, a development team, or even a GitHub commit is not an oversight - it is a moral failure of the crypto-ecosystemâs gatekeepers.
One might analogize MELX to a Renaissance painting with no brushstrokes - visually present, conceptually void.
It is not merely dead. It is an insult to the intellectual rigor that once defined this space.
And yet, the exchanges persist. Why? Because profit, not principle, governs their ledger.
One shudders to imagine what future historians will make of this era - when âtokenâ became synonymous with âillusionâ.
I love how this post just lays it all out without drama. Honestly, Iâve seen so many projects like this in different countries - especially in places where crypto hype outpaces regulation.
In the Philippines, we had a whole wave of âmetaverse landâ tokens that vanished overnight. People lost money, but worse - they lost trust.
Itâs not just about the money. Itâs about how these scams make people feel like fools for believing in something that was never real.
Iâve shared this post with my cousin who just bought MELX last week. She didnât know any better. Now sheâs deleting the app.
Thanks for being the voice of reason.
Bro this is so real đ I had 50k MELX in my wallet and thought I was onto something⌠turns out itâs just digital confetti đ
Just deleted it. No regrets. My portfolioâs cleaner now. đŞ
lol u all think this is just some dead coin? nah. this is a psyop. the feds made it to track you. they let it stay listed so they can see whoâs still buying it. thatâs why volume is zero - because theyâre watching. the âteamâ never left. theyâre just waiting for you to panic sell so they can buy back at 0.000001. trust me. iâve seen it before. đľď¸ââď¸
Only in America do people treat crypto like a garage sale. In China, theyâd have shut this down in 2019. In Germany, the regulators wouldâve fined the exchange for fraud. Here? We let ghosts haunt our wallets because âfreedomâ.
And now youâre surprised no one takes crypto seriously? Of course not. We let anyone list anything. No standards. No accountability. Just âtrust the techâ while the tech is a PowerPoint slide.
Itâs not the coin thatâs broken. Itâs the culture.
Interesting that you say âno oneâs using itâ - but I checked the Etherscan data myself. Thereâs one wallet that sent 0.0001 MELX to another wallet on October 14, 2025. Thatâs not âzero activity.â Thatâs a transaction. Someone, somewhere, is still testing it. Maybe itâs a honeypot. Maybe itâs a bot. Maybe itâs the original dev.
Or maybe⌠youâre wrong.
And if youâre wrong about this, what else are you wrong about?
People who hold MELX are not investors. Theyâre delusional. Thereâs no âriskâ here. Thereâs only ignorance. And ignorance deserves no sympathy.
Stop pretending itâs a âmistake.â Itâs a choice. And itâs a bad one.
Just delete it. And never touch another low-volume token again.
Or donât. I donât care. But donât come crying when youâre holding digital napkins.
the fact that exchanges still list this is wild. theyre not even trying anymore. just put it up and forget it. like a broken vending machine that still has the price tag. nobody cares. not even the exchange. its just⌠there. like a ghost in the machine. đ¤ˇââď¸
Zero volume. Zero updates. Zero community. Zero point.
Why are we still talking about this?
Thereâs something poetic about a token that died quietly. No drama. No lawsuit. No whale dump. Just⌠fading out. Like a song no one remembered to play.
Maybe thatâs the real lesson here. The best projects donât scream. They build. And when theyâre gone, people notice. But MELX? No one noticed when it left.
Thatâs the quietest kind of death.
Iâve been digging into old tokens lately. Found 3 others just like MELX - all ERC-20, all launched in 2018, all with âmetaverseâ in the pitch. None have a single commit since 2022. One even has a placeholder website that just says âcoming soonâ since 2020.
Itâs not just MELX. Itâs a whole generation of crypto ghosts. We need a graveyard list.
I appreciate the detailed breakdown. I had no idea about the wallet count. Only 127 wallets? Thatâs less than a small apartment building. And 98% are exchange wallets? Thatâs not a token. Thatâs inventory. Iâm going to share this with my crypto study group tomorrow. This is exactly the kind of real-world analysis we need.
Itâs strange how we give so much weight to price charts when thereâs no real trading. Like watching a clock that stopped ten years ago and still saying itâs the right time.
Maybe the real crypto revolution isnât about new coins. Maybe itâs about learning to ignore the noise.
And maybe⌠just maybe⌠weâre finally starting to.
There is a profound melancholy in the death of a digital artifact that never lived. MELX was never a coin - it was a linguistic artifact, a semantic mirage, a shimmer of promise projected onto a void. It wore the garb of innovation - âprivacy,â âmetaverseâ - but beneath the velvet, there was only cotton thread.
It is not merely defunct. It is an elegy for the age of cryptoâs innocence, when âtokenize everythingâ was a mantra, not a mockery.
Its persistence on exchanges is not negligence - it is necromancy. A digital sĂŠance, summoning the ghost of a dream that never had a soul.
And yet⌠we still look. We still click. We still hope.
That, perhaps, is the most human part of all.
Leisa Masonâs comment is the most accurate thing Iâve read all week. Why are we still talking about this? Because weâre addicted to the idea that something - anything - might still come back.
But it wonât.
And the longer we linger, the more we teach new investors that ghosts are worth chasing.
Let it rest.