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Forbes lists tokens like XRP as "zombie tokens."

2024-04-27 14:13:11

According to ChainCatcher news, Forbes published an article listing the current top 20 "zombie tokens" in the cryptocurrency space with a market value of over $1 billion, which include: XRP, ADA, BCH, LTC, ICP, ETC, XLM, STX, KAS, THETA, FTM, XMR, AR, ALGO, FLOW, EGLD, BSV, MINA, XTZ, EOS.

It is reported that Forbes defines "zombie tokens" as assets that have almost no use other than speculative cryptocurrency trading. For example, XRP has a market value of $36 billion, while Ripple's XRP processed only $583,000 in transaction fees on its network throughout the entire last year.

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