What are zombie cryptocurrencies? 20 Billion-Dollar Zombie Cryptocurrencies to Share

What is a zombie cryptocurrency? Forbes Research has released a list called “20 Cryptocurrency Billion Dollar Zombies.” These are L1 platforms with high valuations, but are “unproven and have little practical value other than for speculative trading in cryptocurrencies.” Notable ones are: $STX, $ICP, $FTM, $ADA, $EOS ...Today, the editor of this site will share with you a detailed introduction to what zombie cryptocurrency is. I hope you like it!

The original text of this article is a paid article. Here are some interesting fragments from the article:

“Ripple Labs is a crypto zombie. Its XRP Token Continues to be actively traded, worth approximately $2 billion per day, but has no purpose other than speculation

## “What’s unique about Ethereum Classic (ETC) is that it actually is the original Ethereum chain. Ethereum Classic has a market cap of $4.6 billion but generated less than $41,000 in fees in 2023.

"Tezos raised US$230 million in its initial token offering (ICO) in 2017, and its XTZ Token currently has a market value of US$1.2 billion."

Tezos "Earned in February 2024 Withdrawn $5,640 and earned $177,653 in all of 2023

"Tezos has $700 million in its treasury"

##"Algorand, market cap. is US$2 billion and the national treasury is US$500 million. It was once considered the “Ethereum killer” because of its ability to process 7,500 transactions per second, but in 2023, it only brought in $63,000 in blockchain transaction fees.

#Cardano’s deal is based solely on the popularity of creator Charles Hoskinson. "He claimed to have dropped out of the University of Colorado Boulder's doctoral program in mathematics, but the school said Hoskinson was an undergraduate who did not complete his degree.

Source ：https://twitter.com/DefiIgnas/status/1783639158365557084

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