Zombie Cryptos: Alive and Kicking (or Maybe Not)? đ»
Remember those "zombie blockchains" Forbes was talking about a while back? đ The ones with fancy names but no real use? We decided to check in and see how some so-called zombies are doing! đ»đ Here's the lowdown: đ
Litecoin ($LTC ): â (Probably Still a Zombie) đ
This ol' boy seems to be losing money every month, with a total deficit of $27 million in Q2! Even worse, there's barely any development activity happening. Yikes! đ€ź
Algorand ($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 $150k) and their developers seem to be somewhat active. So, maybe not a full-blown zombie? đ
Fantom ($FTM ): âđŠ (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. đ
The question is: Are these projects still zombies? What do you think? đ€·đ„ Want to see the data for yourself? Check out Token Terminal (thanks!! đ) for more info on these and other projects! DYOR!! #altcoins #LTC #ALGO #FTM