Over 11.6 million tokens “died” in 2025, and it was basically crypto’s mass extinction
😳 I’m seeing 2025 go down in crypto history not as the year of innovation, but as the year of the biggest wipeout ever.
📉 According to CoinGecko data, more than 11.6 million tokens stopped trading in 2025 alone, meaning they became “dead” assets with no active market anymore.
🧾 The numbers are insane: 11,564,909 tokens were classified as dead, and that’s 86.3% of all token failures recorded since 2021.
💀 What shocked me most is that just in Q4 2025, over 7.7 million tokens disappeared, like the market basically got deleted overnight.
🌊 At the same time, total projects tracked on GeckoTerminal exploded from ~428K in 2021 to 20M+ in 2025, and now the reality is brutal: over 53% of all tokens created in recent years don’t exist as active markets anymore.
🔍 The article clarifies that “dead token” doesn’t automatically mean scam, it simply means no more active trading, so this is more like market Darwinism than just rug pulls.
🛠️ CoinGecko points to 2 big causes: creating tokens became almost free with launchpads and meme tools, and then the market got hit with heavy liquidation cascades that left small tokens with zero buyers.
🧠 My takeaway: 2025 didn’t kill crypto; it killed the illusion that every token deserves to survive, and the market is clearly entering a phase where only tokens with real liquidity and real use will make it.
#babydoge $MUBARAK