Part 7/11:
The analysis also considers how far each token is from its previous peaks:
Tokens 98% away from their all-time highs are essentially dead or "zombies."
Phantom, EOS, Mina, Monero, etc., are far below their peaks, often indicating waning interest, diminished utility, and overhyped valuation.
Notable Exceptions
Stacks and Caspa are closer to their all-time highs, suggesting more resilience.
However, most tokens have collapsed to a fraction of their former valuations, with some, like ICP, at only 1% of their peak value.
Case Studies of Prominent Tokens
Cardano (ADA)
DAUs have fallen 40% in 90 days, signaling declining activity.
Fees are decreasing, which suggests dwindling developer and user engagement.