According to CoinGecko, approximately 25% of crypto tokens launched since 2021 have failed in the first quarter of this year due to a market downturn and increased ease of token creation. CoinGecko's data reveals that out of nearly 7 million cryptocurrencies listed on GeckoTerminal, 3.7 million have ceased trading and are considered unsuccessful. The first quarter of 2025 alone witnessed the collapse of 1.8 million tokens, the highest number in a single year. This surge in failures is attributed to the simplified token creation process offered by Pump.fun, resulting in a flood of memecoins and low-quality projects entering the market. Despite the high number of new tokens launched in recent years, the graduation rate of tokens from Pump.fun remains low, with only about 2% succeeding. The market turbulence following Donald Trump's inauguration and the launch of Pump.fun in 2024 have contributed to the increased token failures. Read more AI-generated news on: https://app.chaingpt.org/news