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Forbes lists 20 “zombie tokens” with a market value of more than $1 billion, including XRP, ADA, etc.
According to PANews, Forbes recently published an article listing 20 "zombie tokens" with a market value of more than 1 billion US dollars, including XRP, ADA, BCH, LTC, ICP, ETC, XLM, STX, KAS, THETA, FTM, XMR, AR, ALGO, FLOW, EGLD, BSV, MINA, XTZ, EOS, etc. Forbes defines "zombie tokens" as assets that have little use other than speculative cryptocurrency transactions.
Take XRP as an example, its market value is $36 billion, but the network transaction fee last year was only $583,000, and the price-to-earnings ratio is as high as 61,689. In contrast, Nvidia's market value exceeds $2 trillion, with annual revenue of $61 billion, and a price-to-earnings ratio of only 37 times. In addition, Ethereum Classic (ETC) has a market value of $4.6 billion, but the fees generated in 2023 are less than $41,000.
Take XRP as an example, its market value is $36 billion, but the network transaction fee last year was only $583,000, and the price-to-earnings ratio is as high as 61,689. In contrast, Nvidia's market value exceeds $2 trillion, with annual revenue of $61 billion, and a price-to-earnings ratio of only 37 times. In addition, Ethereum Classic (ETC) has a market value of $4.6 billion, but the fees generated in 2023 are less than $41,000.
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