♨️The Zoombie Tokens of the Crypto market
While a number of new projects have seen impressive growth and recovery over time. While some chains are still active and occupy the top of the market such as ETH, BNB, Solana..., in another hidden source, some are not working as expected or are too slow in chain development.
Forbes points out some coins that have performed quite poorly recently with a capitalization above $1B: XRP, ADA, BCH, LTC, ICP, ETC, XLM, STX, KAS, THETA, FTM, XMR, AR, ALGO, FLOW , EGLD, BSV, MINA, XTZ, EOS.
- XRP: known as the government coin or Whale's coin and has an endless schedule of unlocking billions of tokens
- ADA: Founder is fudging every time he makes a mistake and criticizes BTC for being outdated but it's extremely slow in releasing smart contracts in an era where you only have to click to get a chain thanks to Celestia, AltLayer, Dym...
- EOS: is probably the chain that Forbes said is the most accurate when the dev raised nearly $4B when launched but probably ran out of motivation to build the chain.
The remaining coins have not yet been discovered. What are your opinions? Let's chat and have fun during the holidays.
👉Source: Forbes