自2021年以来，超过370万个加密代币消失了

这些代币关闭中的近一半是在泵中发生的。总共，有史以来创建的所有加密货币中超过一半不再活跃

Crypto has seen over 3.7 million tokens disappear since 2021, with nearly half of those shutting down during the Pump.fun memecoin wave, according to a report by GeckoTerminal. In total, more than half of all the cryptocurrencies ever created are no longer active and are now considered failures.

根据Geckoterminal的一份报告，加密货币自2021年以来已有超过370万个令牌消失，其中几乎一半的人在泵中关闭。总的来说，有史以来创建的所有加密货币中有一半以上不再活跃，现在被视为失败。

According to the research pricing platform, crypto has seen millions of tokens disappear since 2021, with almost half of those losses happening in 2024 and early 2025. CoinGecko, being a crypto listing platform, highlighted that about 52.7% of all listed projects have failed, most especially during this recent time.

根据研究定价平台的说法，加密货币自2021年以来已有数百万个令牌消失，其中几乎一半的损失发生在2024年和2025年初。Coingecko是一个加密货币上市平台，强调了所有上市项目中约有52.7％的项目失败了，尤其是最近一次。

The platform also recorded that the number of crypto projects has grown fast. In 2021, GeckoTerminal had about 428,000 crypto/altcoins listed. By 2025, that figure rose to almost 7 million. The rise in its number is mostly because of pump.fun, a tool that made creating and marketing tokens easy, causing a wave of meme coins and basic projects to enter the space.

该平台还记录了加密项目的数量已经迅速增长。在2021年，壁式列出了约428,000个加密货币。到2025年，这个数字升至近700万。数字的上升主要是由于泵。Fun，该工具使创建和营销令牌变得容易，从而导致了一波模因硬币和基本项目进入该空间。

Q1 Crypto 2025 Crash Fuels Record Token Losses

Q1 Crypto 2025 Crash Fuels记录令牌损失

By March 31st, 2025, the platform recorded that 1.8 million crypto projects had shut down, marking the highest yearly total ever seen. These closures made up 49.7% of all token failures from 2021 to 2025. In 2024, nearly 1.4 million projects disappeared, making up 37.7% of failures over the five-year span.

到2025年3月31日，该平台记录了180万个加密项目已经关闭，这标志着有史以来最高的总数。这些关闭占2021年至2025年所有令牌失败的49.7％。2024年，近140万个项目消失了，占五年中失败的37.7％。

The report also highlighted that 2024 had the most launches, with over 3 million new tokens launched. It also showed signs of trouble. Before pump.fun launched in 2024, the yearly amount of crypto failures was much lower, staying within the six-digit range. Between 2021 and 2023, shutdowns only made up 12.6% of the total.

该报告还强调，2024年的发布最多，有超过300万个新令牌推出。它还显示了麻烦的迹象。在2024年推出Pump.Fun之前，每年的加密失败量要低得多，停留在六位数范围内。在2021年至2023年之间，关闭仅占总数的12.6％。

However, it could be said that the huge wave of closures in Q1 of this year may be linked to overall market weakness, especially after Donald Trump’s return to office in January.

但是，可以说，今年第一季度的巨大关闭浪潮可能与整体市场弱点有关，尤其是在唐纳德·特朗普（Donald Trump）于1月重返职务之后。