12 dead chains that wont go up as much as $BTC or worst case go down in value. If you are not near your all time high more then half way through the bull you are in trouble. None of these chains will revolutionize anything going forward.
1. Ripple ( #XRP ):
Distance from ATH 85%, value per active user 1 million dollar.
Fully diluted market cap of $51.6 billion despite minimal utility or adoption. Ripple keeps dumping tokens on retail, 50b dollar in escrow dumping over time.
2. Cardano ( #ADA ):
Fully diluted market cap per daily active user of $65,000, last 90 days -40% active users, fees gathered -60%. TPS below 10.
3. Bitcoin Cash ( #BCH ):
Fully diluted market cap of $9 billion despite minimal utility or adoption, essentially being a clone of Bitcoin.
4. Litecoin ( #LTC ):
Fully diluted market cap of nearly $7 billion despite minimal utility or adoption, often seen as a silver to Bitcoin's gold.
5. EOS ( #EOS ):
95% whale concentration, meaning a small number of people hold a large portion of the tokens, leading to potential manipulation.
6. Stellar ( #XLM ):
89% whale concentration, posing similar risks as EOS.
7. Theta ( #THETA ):
Fully diluted market cap per daily active user of $1.67 million, indicating a high price for minimal active users.
8. Internet Computer Protocol ( #ICP ):
Fully diluted market cap per daily active user of $1.5 million, similar to Theta.
Fully diluted market cap per daily transaction of $518,000, again highlighting a high price for low usage.
9. Flow ( #FLOW ):
Fully diluted market cap per daily transaction of $31,000, indicating a high price for minimal transaction volume.
10. Ethereum Classic ( #ETC ):
This shoulnt even exist as it's essentially a less secure version of Ethereum.
11. Bitcoin SV ( #BSV ):
95% whale concentration, similar to EOS and XLM.
Do not trust the youtubers find people that does not make you their product, people that have already made their money!
Feel free to comment and ill answer in more detail why your chain is useless.