title: The number of crypto projects that launched over the past four years has skyrocketed by over 1,500%, according to new data from the leading market aggregator CoinGecko.

In a new report, CoinGecko says only 428,383 crypto projects were launched in 2021 and listed on the decentralized exchange (DEX) tracker GeckoTerminal.

The past four years have seen the number of crypto projects launch surge by over 1,500%, according to new data from leading market aggregator CoinGecko.

According to a new report by CoinGecko, only 428,383 crypto projects were launched and listed on the decentralized exchange (DEX) tracker GeckoTerminal in 2021.

However, by 2025, that number has soared to nearly 7 million.

CoinGecko attributes much of this explosive growth to Pump.fun, a Solana (SOL)-based cryptocurrency launchpad that allows users to deploy memecoins without needing deep technical knowledge or significant capital.

CoinGecko attributes much of this explosive growth to Pump.fun, a Solana (SOL)-based cryptocurrency launchpad that allows users to deploy memecoins without needing deep technical knowledge or significant capital.

Crypto analytics firm Dune's data reveals that the platform has helped create more than 10 million tokens since last year.

“Much of this jump can be attributed to the launch of pump.fun, which simplified the process of creating tokens, leading to a flood of meme coins and low-effort projects entering the market,” says CoinGecko.

Out of the 7 million cryptocurrencies listed on GeckoTerminal since 2021, over half, or 3.7 million, have stopped trading and are deemed failed.

“52.7% of all cryptocurrencies on GeckoTerminal have failed, with the majority occurring during 2024 and early 2025. This brings the total number of failed crypto projects to 3,693,300.

The report says 1.8 million tokens collapsed in the first quarter of 2025 alone. The number represents 49.7% of all recorded project failures from 2021 to 2025.

“This sharp decline in token survivability may be linked to broader market turbulence, particularly following Donald Trump's inauguration in January 2025, which coincided with a downturn in the crypto market.”

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