• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Forbes Identifies Overvalued Blockchains

user avatar

by Giorgi Kostiuk

a year ago


The list compiled by Forbes exposes several prominent blockchains like Ripple, Cardano, Bitcoin Cash, Litecoin, Internet Computer, Stellar, and others, which are considered to be overvalued.

This compilation aims to shed light on the concerning issue of inflated valuations and excessively hyped blockchain launches within the industry. It emphasizes the ongoing challenges prevalent in the sector.

Criticism on the Industry Trends and Impact

Despite the innovative nature of blockchain technology, the industry frequently faces problems related to exaggerated valuations and the emergence of overvalued blockchains. These overvaluations do not contribute significantly to the advancement of technology or its practical applications. Consequently, investors are misled, and the market landscape becomes distorted, making the identification of genuine projects amidst speculative bubbles difficult. Forbes' list draws attention to these critical issues, aligning the perspectives of traditional media with those of experienced industry analysts.

The increasing abundance of vaporware and meme coins further saturates the market, diluting the value of authentic blockchain innovations. This trend triggers debates about whether speculation alone justifies the inclusion of blockchain technology and meme coins as a legitimate asset class.

Regrettably, retail investors who lack sufficient knowledge often bear the brunt of these circumstances, holding assets that are at risk of rapid devaluation. Forbes' highlighting of these chains serves as a warning to such investors, emphasizing the hazards associated with pursuing speculative gains in the blockchain sector.

Forbes' Evaluation Criteria

Forbes didn't randomly select the blockchains for its list. The magazine employed specific, objective criteria to evaluate the utility and viability of each blockchain, including market capitalization, monthly active developers, treasury reserves, total value on the chain, and network fees. These metrics serve as a standardized framework for investors and developers to analyze the actual strengths and weaknesses of different blockchains objectively, moving beyond the hype to focus on tangible value and utility.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other news

Hong Kong Develops ETP Market by Adding Digital Assets

chest

Hong Kong accelerates financial growth through the integration of digital assets into the ETP market, increasing volumes and product diversity.

user avatarGiorgi Kostiuk

Olaxbt Raises $3.38M to Enhance Its AI Cryptocurrency Trading Platform

chest

Olaxbt has raised $3.38M from Amber Group to improve its AI-driven cryptocurrency trading platform.

user avatarGiorgi Kostiuk

EIP-7983: A New Step Towards Protecting Ethereum from DoS Attacks

chest

The EIP-7983 proposal by Vitalik Buterin aims to enhance Ethereum's resilience to DoS attacks by establishing a gas ceiling.

user avatarGiorgi Kostiuk

Analysts Forecast XRP Could Surge to $32

chest

Analysts predict XRP may rise to $32 amidst consolidation above $1.90, generating interest among investors.

user avatarGiorgi Kostiuk

CZ's Skepticism Regarding TON's New UAE Golden Visa Program

chest

Discussion on the new UAE Golden Visa conditions from TON and reaction from prominent figure CZ.

user avatarGiorgi Kostiuk

Michael Saylor Predicts Bitcoin Growth Amid Active Investments

chest

Strategy founder Michael Saylor released bullish forecasts for Bitcoin, highlighting optimistic signals and increasing institutional investments.

user avatarGiorgi Kostiuk
dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.