Part 9/11:
Despite technological claims, its lack of real utility and stagnant development have led to its classification as a "zombie" chain.
Also, prevalent pump-and-dump schemes accentuate suspicion.
The Reality Check: Do These Chains Have a Future?
Most of the tokens on Forbes' list are failing the fundamental tests for sustainability:
They have not kept pace with innovation.
Utility is lacking, with low transaction speeds and poor user engagement.
Market caps do not align with usage or revenue.
Only a couple—namely Phantom and RWEAVE—may have some chance of survival if they can grow their adoption substantially.