🎆 Gate.io Honor Credits Lucky Draw Round 8 is Officially Live!
Enter the Draw Now 👉 https://www.gate.io/activities/creditprize?now_period=8
🌟 To Join:
1️⃣ Open the app 'Home'-'Post', and tap the credits icon next to your profile to enter the 'Credits Center'.
2️⃣ Complete tasks like post, comment, and like to earn Honor Credits.
🎁 Every 300 credits to draw 1 chance, win a MacBook Air, Multi-functional chargers, Trading Fee Rebate Voucher, Points, and more amazing prizes!
📅 Ends at March 8, 16:00 PM (UTC)
Learn More: https://www.gate.io/announcements/article/43566
#HonorCredits#
Forbes analysts have labeled ADA, XRP, and ETC as "zombie" tokens, which means that these blockchain projects lack vitality in terms of utility or user base. These tokens, including Cardano (ADA), Ripple (XRP), and Ethereum Classic (ETC), are mainly sustained through speculative trading and initial funding rather than achieving technological or practical goals. Forbes points out that these projects may be traded based on the reputation of their creators, with Cardano's speculative interest primarily driven by the prominence of its founder. Cardano's network metrics show a decrease in daily active addresses and trading volume, as well as a decline in the total value locked in the DeFi sector, which could impact future revenue. ADA's price has also dropped by 3.08% in the past 24 hours. Ripple Labs' XRP and ETC are also criticized for their lack of practical use cases, with XRP's transactions serving no purpose other than speculation, while ETC is only used by purists and has seen a 17% price decrease in the past month.