Forbes Lists 20 'Zombie Tokens' With Market Value Over $1 Billion
According to PANews, Forbes recently published an article listing 20 'zombie tokens' with a market value exceeding $1 billion. These include XRP, ADA, BCH, LTC, ICP, ETC, XLM, STX, KAS, THETA, FTM, XMR, AR, ALGO, FLOW, EGLD, BSV, MINA, XTZ, and EOS. Forbes defines 'zombie tokens' as assets that have little use beyond speculative cryptocurrency trading.
For instance, data from Messari shows that XRP has a market value of $36 billion, but its network transaction fees last year were only $583,000. This implies that the price-to-sal