Over 12,000 Zombie coins in the crypto bear market – Katoch Tubes
More Zombies in the crypto bear market
More Zombies in the crypto bear market
What's a Zombie coin?
What's a Zombie coin?
Zombie coin is something which isn't technically dead but also not alive either. Its trading volume is nearly equivalent
to zero.
12,100 Zombie tokens
12,100 Zombie tokens
Acc. to a report published by Nomics, 12,100 tokens have effectively ceased trading
this year.
Declining Volume
Declining Volume
More than 64,400 assets Nomics tracked, only about 13,800 had trading volume in a recent 24-hour period last week.
Thanks to Crypto bear
Thanks to Crypto bear
2022 has been the worst year for crypto markets. Declining trading volume and crashing markets gave rise to zombie coins & killing many others.
Falling from Grace
Falling from Grace
Investor's lost trust in cryptos after the fall of Terra LUNA, Three arrow investment firm
& Celsius bankruptcy.
History of Zombie Coins
History of Zombie Coins
In 2018, a total of 136 tokens turned in Zombies & those who failed were mostly the illegal projects.
About Active coin
About Active coin
Active coins were also significantly affected by the bear market. Top alt coin ETH is down by 70% from all time high & so does BTC.
Also Read:
Also Read:
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TikTok for DeFi
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TikTok for DeFi
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Mastercard Crypto Tool
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Mastercard Crypto Tool
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NFT Market Crash
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NFT Market Crash
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