Cryptocurrency Q&A
How many 'crypto zombies' are there?
How many 'crypto zombies' are there?
BonsaiGrace
Fri Jul 19 2024
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5 answers
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Could you elaborate on the phenomenon of 'crypto zombies' and provide an estimate of their current number? I'm particularly interested in understanding this segment of the cryptocurrency community, as I've heard they tend to be inactive investors who hold onto their digital assets regardless of market conditions. Do we have any reliable data points or studies that can help us gauge the size of this group? Understanding their presence and behavior in the crypto landscape could offer valuable insights into market trends and investor psychology.
5 answers
Eleonora
Sun Jul 21 2024
Alongside revenue, another metric that is closely monitored is developer activity. Developer activity reflects the number of individuals actively contributing to the development and advancement of a particular blockchain.
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Giuseppe
Sun Jul 21 2024
The combination of revenue and developer activity provides a comprehensive view of a blockchain's current state and potential for future growth. Both metrics are essential in determining whether a blockchain is thriving or merely a "zombie."
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CryptoLord
Sun Jul 21 2024
A recent compilation has revealed a list of twenty "crypto zombies," or dead blockchains, that have essentially flatlined.
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henry_harrison_philosopher
Sun Jul 21 2024
Among the many cryptocurrency exchanges, BTCC, a UK-based platform, stands out for its comprehensive range of services. BTCC offers spot trading, futures contracts, and wallet management, among others, catering to the diverse needs of its users.
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LucyStone
Sun Jul 21 2024
Among the key metrics used to assess these blockchains is revenue, often referred to by Coinbase CEO Brian Armstrong as the "truth serum." This metric serves as a crucial indicator of a blockchain's vitality and sustainability.
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