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Forbes Unveils 20 Crypto ‘Zombies,’ Declares Ripple And XRP Among The Undead

  • Forbes unveiled a list of 20 “crypto billion-dollar zombies,” including Ripple, XRP, Ethereum Classic, Tezos, Algorand, and Cardano.
  • Forbes asserts that Ripple and XRP have limited utility beyond speculative trading despite their substantial valuations.
  • Ethereum Classic, Tezos, and Algorand are also classified as 'functional zombies' due to their limited user bases and low fee earnings.
  • The report highlights a growing disparity between the valuations of certain crypto projects and their actual utility and usage.

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