Nice thoughts and analysis. I don't invest in dead coins, but I suspect you nailed the reasons--hope for a pump & dump or pure luck. What are the main reasons for a reverse merger? It seems that these dead coins might have some baggage associated with them, which could put the new team/initiative at risk.
RE: Reverse-Merger Coins: Hoping That Low Value Coins Get a Developer Reboot or New Ownership - Crypto Trader Journal
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Reverse-Merger Coins: Hoping That Low Value Coins Get a Developer Reboot or New Ownership - Crypto Trader Journal
My thoughts are right in line with what you've mentioned--there would be baggage that just doesn't justify the risk. I suppose that the fact that these coins are already on exchanges being traded would be a positive so these new dev teams could hit the ground running with raising funds with the spike in price and excitement. I haven't done the research but I don't think that these exchanges charge much to get their coin listed these day so this singular reason doesn't justify the headaches involved.
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