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What is EDRCoin (EDRC) Crypto Coin? The Full Story Behind a Dead Cryptocurrency

Jan, 7 2025

What is EDRCoin (EDRC) Crypto Coin? The Full Story Behind a Dead Cryptocurrency
  • By: Tamsin Quellary
  • 6 Comments
  • Cryptocurrency

EDRCoin Value Calculator

EDRCoin Value Calculator

EDRCoin was worth $7.19 at its peak in 2016-2017 but has since crashed 99.91% to $0.007. This calculator shows how much you'd have lost holding EDRCoin.

Enter the amount of EDRC you held when it was valued at $7.19
Value at peak ($7.19)
Current value ($0.007)
Loss
Percentage loss

Real investment comparison

A $100 investment in Bitcoin at its peak would be worth $16,000 today (16,000% growth), while EDRCoin investment would be worth $0.098 (99.9% loss).

EDRCoin is not a cryptocurrency you should invest in, trade, or even download a wallet for. It’s a ghost. A digital relic from 2016 that stopped working years ago, yet still shows up on price trackers like a zombie haunting crypto market lists. If you’ve stumbled upon EDRCoin while browsing obscure crypto sites, you’re not alone-but you’re also in danger of being misled.

EDRCoin’s Promises vs. Reality

EDRCoin’s official website claims it’s a ‘sustainable energy efficiency decentralized cryptocurrency’ that rewards users with 0.35% daily returns. That sounds incredible-over 127% annual interest. No other major crypto offers anything close. Cardano gives you 3-5%. Ethereum staking? Around 4%. EDRCoin’s math doesn’t add up. If it paid out 0.35% every day, it would need to print new coins constantly, or rely on new investors to pay old ones. That’s not a blockchain. That’s a Ponzi scheme.

It also claims to have a ‘stable exchange rate tied to the US Dollar.’ But if EDRCoin were stable, its price wouldn’t have crashed 99.91% from its all-time high of $7.19 to around $0.007 today. That’s not stability. That’s collapse.

The project says it’s ‘energy efficient.’ But it uses SHA-256-the same mining algorithm Bitcoin uses. SHA-256 is one of the most power-hungry consensus methods in crypto. The University of Cambridge estimates Bitcoin’s network uses more electricity than Argentina. So how can EDRCoin be ‘green’ while using the same system? It can’t. The claim is pure fiction.

Technical Facts: What EDRCoin Actually Is

EDRCoin launched on March 22, 2016. It was supposed to be a hybrid Proof-of-Work and Proof-of-Stake coin. But here’s the catch: it’s not mineable anymore. The website says mining ended in late 2017. That means all the coins were created back then, and no new ones have been added since. The total supply is 3,669,691 EDRC. Only 2,931,224 are in circulation. The rest? Locked, lost, or never released.

According to CoinLore and LiveCoinWatch, EDRCoin’s market cap is around $19,500. That’s less than the price of a used laptop. It ranks #19,188 by market cap on LiveCoinWatch. For comparison, Bitcoin’s market cap is over $1.2 trillion. EDRCoin is 0.0000016% of Bitcoin’s value. It’s not a cryptocurrency. It’s a footnote.

And here’s the kicker: there is zero trading volume. CoinLore says EDRCoin has $0 in daily trades. That means nobody is buying or selling it. Not even bots. Not even scammers. The only place you’ll see buy/sell orders is on Symlix P2P-a platform that auto-generates listings for every coin it can find, no matter how dead. Those prices? $0.95 to $75,308 per EDRC? That’s not a market. That’s a joke.

A con artist puppeteering a dead cryptocurrency while fake price trackers loom in the background.

The Wallet Problem

Trying to use EDRCoin today is like trying to start a 2007 smartphone with no software updates. The official website used to offer a wallet download. Now, the links are broken. The blockchain.mn site, which was supposed to host the EDRCoin ledger, is either down or barely responsive. No one knows if the blockchain still exists.

Even if you found an old wallet file, syncing it would be impossible. There are no active nodes. No miners. No validators. The network is dead. You can’t send EDRCoin because there’s no one to receive it. You can’t stake it because the reward system doesn’t work. The 0.35% daily payout? It hasn’t paid out to anyone in years.

Archived forum posts from 2016 and 2017 show users complaining they couldn’t withdraw rewards. One user on Bitcointalk wrote: ‘Tried to claim my daily 0.35% reward but the blockchain.mn site keeps showing ‘insufficient network confirmations.’ Has anyone actually received EDRC payouts?’ The answer? No. No one ever did.

Why EDRCoin Still Exists Online

EDRCoin survives only because crypto tracking sites like CoinLore, CoinGecko, and LiveCoinWatch automatically list every coin ever created-even if it’s been dead for a decade. These sites don’t verify if a coin is alive. They just scrape data from whatever website they can find. That’s why EDRCoin still shows up with a price, a supply, and a market cap. It’s a digital ghost in a machine that refuses to delete the dead.

There’s no GitHub repository. No Twitter account. No Discord. No Telegram group. No developer updates since 2017. No whitepaper revisions. No roadmap changes. The website hasn’t been updated in years. The contact form doesn’t work. The project is abandoned.

Experts like Dr. David Gerard, author of Attack of the 50-foot Blockchain, call coins like this ‘vaporcoins’-crypto projects that exist only as websites with no real technology behind them. EDRCoin fits that definition perfectly.

An investor misled by a fake EDRCoin ad, surrounded by warning signs of its dead network.

Is EDRCoin a Scam?

It’s not illegal. But it’s dangerous. The SEC has warned that offering guaranteed daily returns-especially at 0.35%-can qualify as an unregistered security under the Howey Test. If someone sold you EDRCoin promising those daily rewards, they could be breaking securities law.

And here’s the real risk: zombie coins like EDRCoin are often revived to trick new investors. In 2022, the FTC found that 87% of ‘revived’ dead cryptocurrencies were part of pump-and-dump scams. Someone buys up the last few coins, posts fake news about ‘new partnerships’ or ‘exchange listings,’ and then dumps them on unsuspecting buyers. The price spikes for a day. Then it crashes again. And the cycle repeats.

EDRCoin’s current price of $0.007 is the lowest it’s been in years. But if you see a post saying ‘EDRCoin is coming back!’ or ‘Buy now before it explodes!’-don’t fall for it. That’s the scam.

What You Should Do

If you own EDRCoin: Don’t try to sell it. There’s no market. You won’t get anything for it. The only buyers are bots or scammers pretending to trade it.

If you’re thinking of buying EDRCoin: Don’t. It’s not an investment. It’s a trap. You’re not buying a currency. You’re buying a digital ghost.

If you’re just curious: Learn from it. EDRCoin is a textbook example of how not to build a cryptocurrency. No team. No transparency. No development. No liquidity. Just promises. And that’s why it died.

Real crypto projects don’t promise 127% annual returns. They don’t use energy-hungry algorithms while claiming to be green. They don’t vanish after three years. They build, update, and engage. EDRCoin did none of that.

EDRCoin isn’t a coin. It’s a warning.

Is EDRCoin still active?

No. EDRCoin has had no development, updates, or active network since 2017. The official website is outdated, the wallet software doesn’t work, and the blockchain is effectively dead. There is zero trading volume, no miners, and no validators.

Can I still mine EDRCoin?

No. EDRCoin’s official website claims mining ended in late 2017. Even though it uses SHA-256 (a mining algorithm), tracking platforms like LiveCoinWatch confirm it’s ‘not mineable.’ All coins were created before 2018, and no new ones can be generated.

Why does EDRCoin still show up on price trackers?

Crypto tracking sites automatically list every coin ever created, even if it’s dead. They scrape data from websites and assume the coin is still active. EDRCoin’s price and market cap are based on outdated or fake data, not real trading activity. There is no actual market for EDRCoin.

Is EDRCoin a scam?

It’s not officially classified as a scam, but it has all the red flags: impossible daily rewards, zero trading volume, no team, no updates, and a dead blockchain. It’s a classic ‘vaporcoin.’ Any attempt to revive it for profit is likely a pump-and-dump scheme.

Should I invest in EDRCoin?

Absolutely not. EDRCoin has no value, no liquidity, and no future. Investing in it means losing money. Even if you buy it, you won’t be able to sell it. The only people who profit are those who created it years ago and cashed out before it collapsed.

What happened to the people who bought EDRCoin in 2016?

Most lost everything. EDRCoin peaked at $7.19 in 2016-2017. Today, it trades for $0.007-a 99.91% drop. Early buyers who held onto it are now holding digital scraps. Those who tried to cash out early likely got a small return before the market vanished. There’s no recovery path.

Tags: EDRCoin EDRC crypto EDRC coin price EDRCoin review zombie cryptocurrency

6 Comments

Kelly McSwiggan
  • Tamsin Quellary

EDRCoin? More like ED-REALLY? LOL. 0.35% daily? That’s not a crypto, that’s a math error dressed in blockchain glitter. I’ve seen dumpster fires with more liquidity.

Byron Kelleher
  • Tamsin Quellary

Man, I remember when I first saw this thing back in 2017. Thought it was some next-gen green coin. Turned out it was just a ghost in a spreadsheet. Glad someone finally put it to rest. We need more posts like this - real talk in a sea of hype.

Cherbey Gift
  • Tamsin Quellary

Ah, the digital phantom - a spectral whisper in the blockchain cathedral, where the priests of decentralization forgot to turn off the lights. EDRCoin isn’t dead - it’s in limbo, a soul trapped between the blockchain’s eternal ledger and the mortal coil of human greed. It’s not a coin. It’s a cautionary psalm sung in the key of ‘don’t trust the website.’

Anthony Forsythe
  • Tamsin Quellary

Let me tell you something profound - EDRCoin isn’t just a failed project. It’s a mirror. It reflects the entire crypto ecosystem’s soul-deep addiction to fantasy. We don’t invest in technology. We invest in fairy tales written by people who’ve never coded a line. The 0.35% daily return? That’s not a yield - it’s a siren song sung by the ghosts of Mt. Gox, Terra, and a hundred other graves we keep visiting like it’s a haunted house at Halloween. And we keep going back because the thrill of believing in something impossible is more intoxicating than any real return. EDRCoin is the tombstone we all pretend we didn’t build.

Kandice Dondona
  • Tamsin Quellary

This is such a needed post!! 🙌 So many people get sucked into these zombie coins thinking they’re ‘hidden gems’… but nah, they’re just digital landmines. Thanks for breaking it down so clearly - I’m sharing this with my crypto newbie friends! 💪✨

Becky Shea Cafouros
  • Tamsin Quellary

Interesting breakdown. Though I’d argue the real issue isn’t EDRCoin itself - it’s the platforms that continue to list it. If CoinGecko and CoinLore stopped auto-listing dead coins, these scams wouldn’t have the illusion of legitimacy. The problem isn’t the coin. It’s the infrastructure enabling it.

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