A new report from CoinGecko claims that 2025 has been the worst year for dead crypto projects, with 1.8 million tokens failing just in the first quarter. This accounts for 49.7% of all crypto project failures from 2021 to 2025.
CoinGecko's analysis focuses on specific data without establishing proof of a culprit. However, a hypothesis is raised that market volatility during Trump's presidency is a reason for this extreme level of failure.
Why are so many tokens disappearing?
The crypto industry is no stranger to failure. For example, a few years ago NFTs were at their peak popularity, but more than 95% of these assets are now dead.
The latest report from CoinGecko shows that 2025 has been exceptional in this regard. Compared to 2024, there were fewer token launches and significantly more failures of crypto projects just in the first quarter. Data from CoinMarketCap shows that there are currently over 14.65 million different tokens actively, and their number is steadily increasing.
A year ago, the site was tracking only 2.7 million. The largest contribution to this growth has been the Solana meme coins, as the ecosystem of this blockchain now accounts for over 60% of all tokens. However, this rapid growth of crypto projects has also led to an increase in dead tokens. The meme coin sector is particularly volatile, and the industry has faced crashes on several previous occasions.
Additionally, an excessive number of project launches may dilute the overall market potential of meme coins, lowering outstanding projects due to concerns about quality and diminishing profitability.
CoinGecko also discovered another alarming fact: according to its estimates, most crypto projects active since 2021 are now dead. It claims that 52.7% of all such tokens have failed, and the failure rate is rising.
New launches still outnumber failures, but the trend does not appear sustainable.
The report offers a clear hypothesis for this behavior. CoinGecko believes that Trump's tariff threats and recession fears are reasons for these dead crypto projects. Meme coin launches surged sharply after his election, and market turbulence is destroying them.
To be clear, CoinGecko's research did not attempt to prove the cause; it merely analyzed the failures themselves. Complex factors may create all these dead crypto projects.
However, it has revealed trends, and solid data is compelling in itself. The meme coin industry, as currently defined, may not survive under these conditions.#Write2Earn #BinanceSquare #BinanceAlphaAlert #Binance #AirdropFinderGuide $SOL
