Crypto Speak: Zombie coins

It is not hard to guess that we are talking about “dead” coins, where there is no longer any development, active community, or hopes for a bright future 🙂

The UST stablecoin from the collapsed Terra blockchain, by the way, is one of the “scariest” examples of zombie coins. When it died, it buried a huge amount of its investors’ money with it.

But you have never heard of most zombie coins and never will: They are usually born and die in silence, known only to a very small circle of people 😀