Mike Dudas
so much capital tied up in zombie coins, locked for years marketed to retail via push notificati...
255 days agoMike Dudasmdudas
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Note: AI-generated summary based on third-party content. Not financial advice. Read more.
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The crypto market is burdened by "zombie coins" from failed projects that retain significant market caps, tying up capital that could otherwise fund new, innovative ventures. Investors should be cautious of altcoins with large market caps but no underlying utility or development, as they may represent poor capital allocation. This highlights a need for improved discovery and monitoring mechanisms in crypto to identify and avoid these stagnant assets.

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About Mike Dudas
Mike Dudas

Mike Dudas

By mdudas

crypto investor @6thManVentures // co-founder @theblock__ @linksdao // @moonbirds kol