Crypto Industry is Overcrowded with Ghost Chains and Zombie Coins - Tekedia

Crypto markets are crowded with underused blockchains and stale tokens, many of which survive mainly on speculation.

As network effects and adoption mature, the industry is likely to consolidate around a small set of durable networks.

Bitcoin, Ethereum, and a few others are positioned as the most likely long-term survivors.

The result could be weaker investor confidence for projects that never achieve lasting real-world use.