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According to Ai, up to 70% of #Crypto chains are DEAD
That means that a massive number of Hodlers will NEVER see their money back.
Unlike companies that officially bankrupt and close, crypto can hang on as a Ghost chain as long as holders remain.
Fact is when you have lost 99% of your value there is no point cashing in, and people prefer to hold, on the off chance of a miraculous revival.
Does anybody hold on to a potential Ghost chain?
what are good candidates?
EOS — probably the prime example imo.
They raised $4+ billion (largest ICO ever)
Marketed as an “Ethereum killer”
Huge early hype and developer promises
However, very low real usage over time
Governance issues (centralization concerns)
Developers left
Lost relevance vs newer chains
i.e. Massive funding + weak adoption = textbook ghost-chain narrative