自2021年以來，超過370萬個加密貨幣令牌失敗了

代幣生存能力的急劇下降可能與更廣泛的市場動盪有關，尤其是在唐納德·特朗普在2025年1月就職典禮之後

More than 3.7 million cryptocurrency tokens have failed since 2021, with nearly half of those collapses occurring during the Pump.fun-driven memecoin craze, according to new research by crypto pricing platform GeckoTerminal.

自2021年以來，有超過370萬個加密貨幣令牌失敗了，根據加密定價平台geckoterminal的新研究，泵驅動的memecoin熱潮中，其中近一半發生了這些崩潰。

According to the research, a total of 1.8 million tokens failed in Q1 this year alone, making up 49.7% of all token failures recorded between 2021 and 2025. In 2024, nearly 1.4 million projects also went under, according to the research, which included data from blockchain analytics platforms and crypto price aggregators. Together, the two years saw most of the crypto market’s token shutdowns.

根據這項研究，僅今年第一季度，總共有180萬個令牌失敗，佔2021年至2025年之間記錄的所有令牌失敗的49.7％。根據這項研究，近140萬個項目也被置於了近140萬個項目，其中包括Blockchain Analystics平台和Crypto Prices Price Price Price Coggrators的數據。這兩年共同看到了加密貨幣市場的大部分代幣關閉。

“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.”

“令牌生存能力的急劇下降可能與更廣泛的市場動盪有關，尤其是在唐納德·特朗普（Donald Trump）在2025年1月就職典禮之後，這與加密貨幣市場的低迷相吻合。”

The number of new crypto projects has also surged. For instance, just over 428,000 tokens were listed on crypto price aggregator platforms in 2021. By 2025, that number had jumped to nearly seven million. The researchers say much of this growth “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.”

新的加密項目的數量也飆升。例如，2021年的加密貨幣價格聚合平台上列出了超過428,000個令牌。到2025年，這個數字躍升至近700萬。研究人員說，大部分增長“可以歸因於泵的推出，這簡化了創建令牌的過程，從而導致了大量的模因硬幣和低勞動項目進入市場。”

Before Pump.fun launched in 2024, the number of project failures was significantly lower. From 2021 to 2023, failures remained in the low six digits. Combined, those three years accounted for just 12.6% of total token deaths, the data shows.

在2024年推出Pump.Fun之前，項目故障的數量明顯降低。從2021年到2023年，失敗保持在低六位數中。數據顯示，這三年僅佔令牌死亡總死亡的12.6％。

GeckoTerminal explained that it defines “dead tokens” as those which are no longer actively traded, noting that only tokens that had “one trade or more” before going defunct were considered.getTokenCount = async () => {

Geckoterminal解釋說，它將“死去的代幣”定義為不再積極交易的代幣，並指出在考慮到已倒閉之前只有“一個或更多”的令牌。

const response = await fetch('https://coinranking.com/coins');

const響應=等待提取（'https://coinranking.com/coins'）;

const html = await response.text();

const html =等待響應.text（）;

const parser = new DOMParser();

const parser = new domparser（）;

const document = parser.parseFromString(html, 'text/html');

const document = parser.parsefromstring（html，'text/html'）;

const table = document.querySelector('table.table');

const table = document.queryselector（'table.table'）;

const rows = table.querySelectorAll('tbody tr');

const lows = table.queryselectorall（'tbody tr'）;

let count = 0;

讓計數= 0;

for (const row of rows) {

for（const行行）{

const tokenUrl = row.querySelector('a.text-tertiary').href;

const tokenurl = row.queryselector（'a.text-tertiary'）。 href;

const tokenChain = row.querySelector('span.coin-chain').textContent.trim();

const tokenchain = row.queryselector（'span.coin-chain'）。 textContent.trim（）;

const tokenCount = await getTokenCountChain(tokenChain, tokenUrl);

const tokencount =等待GetTokencountchain（Tokenchain，Tokenurl）;

count += tokenCount;

count += tokencount;

}

}

console.log('Total token count:', count);

console.log（'總令牌計數：'，count）;

};

getTokenCount();

getTokencount（）;

async function getTokenCountChain(chain, tokenUrl) {

異步函數getTokencountchain（鏈，tokenurl）{

const url = new URL(tokenUrl);

const url = new URL（tokenurl）;

const id = url.searchParams.get('id');

const ID = url.searchparams.get（'id'）;

const response = await fetch(`https://api.coinranking.com/v1/public/l1/27011/${chain}/coins/${id}/price`);

const響應=等待fetch（`https://api.coinranking.com/v1/public/l1/27011/qul {鏈}/coins/$ {id}/price'）;

const data = await response.json();

const data =等待響應.json（）;

if (data.error) {

if（data.error）{

return 0;

返回0;

} else {

} 別的 {

return 1;

返回1;

}

}

}