自2021年以来，超过370万个加密货币令牌失败了

代币生存能力的急剧下降可能与更广泛的市场动荡有关，尤其是在唐纳德·特朗普在2025年1月就职典礼之后

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年以来，有超过370万个加密货币令牌失败了，根据加密定价平台geckoterminal的新研究，泵驱动的memecoin热潮中，其中近一半发生了这些崩溃。

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.

根据这项研究，仅今年第一季度，总共有180万个令牌失败，占2021年至2025年之间记录的所有令牌失败的49.7％。根据这项研究，近140万个项目也被置于了近140万个项目，其中包括Blockchain Analystics平台和Crypto Prices Price Price Price Coggrators的数据。这两年共同看到了加密货币市场的大部分代币关闭。

“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.”

“令牌生存能力的急剧下降可能与更广泛的市场动荡有关，尤其是在唐纳德·特朗普（Donald Trump）在2025年1月就职典礼之后，这与加密货币市场的低迷相吻合。”

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.”

新的加密项目的数量也飙升。例如，2021年的加密货币价格聚合平台上列出了超过428,000个令牌。到2025年，这个数字跃升至近700万。研究人员说，大部分增长“可以归因于泵的推出，这简化了创建令牌的过程，从而导致了大量的模因硬币和低劳动项目进入市场。”

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，项目故障的数量明显降低。从2021年到2023年，失败保持在低六位数中。数据显示，这三年仅占令牌死亡总死亡的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解释说，它将“死去的代币”定义为不再积极交易的代币，并指出在考虑到已倒闭之前只有“一个或更多”的令牌。

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

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

const html = await response.text();

const html =等待响应.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;

让计数= 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（'总令牌计数：'，count）;

};

getTokenCount();

getTokencount（）;

async function getTokenCountChain(chain, tokenUrl) {

异步函数getTokencountchain（链，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响应=等待fetch（`https://api.coinranking.com/v1/public/l1/27011/qul {链}/coins/$ {id}/price'）;

const data = await response.json();

const data =等待响应.json（）;

if (data.error) {

if（data.error）{

return 0;

返回0;

} else {

} 别的 {

return 1;

返回1;

}

}

}