According to CoinGecko, more than half of the cryptocurrencies launched on the GeckoTerminal platform since 2021 have ceased to exist. Of nearly 7 million tokens, 3.7 million are considered 'dead' due to a lack of trading activity. The peak of 'deaths' occurred in 2024 and early 2025, when 1.8 million tokens disappeared in the first quarter of 2025, accounting for 49.7% of all failed projects.