May 19, 2024
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Forbes lists XRP, ADA, LTC, ETC among top “zombie” tokens

  • April 27, 2024

Share this article The number of tokens exceeds 14,000, and the crypto market cap stands at $2.4 trillion, but more may not always be merrier. Forbes has identified a group of 20 cryptos, dubbed “zombie blockchains,” that maintain high market valuations despite showing little to no real-world utility or user adoption. The list includes well-known

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Crypto

Forbes Unveils 20 Crypto ‘Zombies,’ Declares Ripple And XRP Among The Undead

  • April 27, 2024

In a controversial report, Forbes unveiled a list of 20 “crypto billion-dollar zombies,” Layer 1 (L1) tokens, which the news outlet defines as crypto assets with substantial valuations but “limited utility beyond speculative trading.”  These cryptocurrencies and projects include Ripple, XRP, Ethereum Classic (ETC), Tezos (XTZ), Algorand (ALGO), and Cardano (ADA), among others.  XRP And

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