Zombie Cryptos: Alive and Kicking (or Maybe Not)? ๐ป
Remember those "zombie blockchains" Forbes was talking about a while back? ๐ The ones with fancy names but no real use? We decided to check in and see how some so-called zombies are doing! ๐ป๐ Here's the lowdown: ๐
Litecoin ($LTC ): โ (Probably Still a Zombie) ๐
This ol' boy seems to be losing money every month, with a total deficit of $27 million in Q2! Even worse, there's barely any development activity happening. Yikes! ๐คฎ
Algorand ($ALGO ): (Maybe Not a Zombie?)
ALGO isn't exactly setting the world on fire, but at least they made a little money in Q2 (around $150k) and their developers seem to be somewhat active. So, maybe not a full-blown zombie? ๐
Fantom ($FTM ): โ๐ฆ (Probably Still a Zombie... But With Pulse!)
FTM is losing money too (over $12 million in Q2), but they have a surprising amount of developer activity and daily active users. So, they might be a "working dead" situation... not quite dead, but not exactly thriving either. ๐
The question is: Are these projects still zombies? What do you think? ๐คท๐ฅ Want to see the data for yourself? Check out Token Terminal (thanks!! ๐) for more info on these and other projects! DYOR!! #altcoins #LTC #ALGO #FTM