 |
|
 |
|
 |
|
 |
|
 |
|
 |
|
 |
|
 |
|
 |
|
 |
|
 |
|
 |
|
 |
|
 |
|
 |
|
The crypto market is known for its rapid expansion, but not all tokens manage to survive. According to a report by CoinGecko, over 1.8 million cryptocurrencies failed in the first quarter of 2025, marking the highest number of token collapses ever recorded in a single quarter.
Since 2021, the CoinGecko team has been tracking around 7 million token listings via its GeckoTerminal platform. As confirmed by analyst Shaun Paul Lee, more than 3.7 million of those tokens have disappeared from the market, showcasing a staggering failure rate of over 50%.
"More than 1 in 4 tokens listed since 2021 disappeared in Q1 2025 alone. That’s 1.8 million failures in just 3 months," Lee highlighted in a recent post.
The analyst went on to explain that a large portion of the token failures can be attributed to the launch of Pump.fun, a tool that allows for easy creation of tokens.
The introduction of Pump.fun in early 2024 sparked a massive influx of low-effort and meme-driven coin launches, leading to an explosion in the number of tokens being listed. In 2024 alone, over 3 million new tokens hit the market, a record-breaking year for token launches.
"The new Pump.fun has a 98% failure rate. It democratised token creation but also brought about an unmaintainable rate of token projects being listed and hyped in a short period of time," Lee added.
The data underscores the harsh reality of the altcoin market, where most tokens meet an early demise despite the enduring interest in cryptocurrencies like Bitcoin. With market volatility persisting and token quality varying widely, investors are advised to remain vigilant and perform thorough due diligence before investing.
부인 성명:info@kdj.com
제공된 정보는 거래 조언이 아닙니다. kdj.com은 이 기사에 제공된 정보를 기반으로 이루어진 투자에 대해 어떠한 책임도 지지 않습니다. 암호화폐는 변동성이 매우 높으므로 철저한 조사 후 신중하게 투자하는 것이 좋습니다!
본 웹사이트에 사용된 내용이 귀하의 저작권을 침해한다고 판단되는 경우, 즉시 당사(info@kdj.com)로 연락주시면 즉시 삭제하도록 하겠습니다.
