Analyst: Tezos and 4 Other Layer 1 Tokens Dubbed ‘Dead Coins’ with Over 75% Plunge

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10 months ago bitnews

In recent years, the cryptocurrency market has exhibited a cyclical nature. With the emergence of new narratives like Artificial Intelligence (AI) and meme coins in 2024, many Layer 1 tokens have witnessed substantial price declines. Data indicates that several Layer 1 tokens have depreciated by more than 75%, prompting an analyst to categorize five such