Current Status of Cryptocurrency Projects

The cryptocurrency market has witnessed a large number of failed projects in recent years. According to data from CoinGecko, more than 50% of cryptocurrencies that were ever listed are now inactive. Since 2021, nearly 7 million cryptocurrencies have been listed on this platform. Of these, about 3.7 million projects have stopped trading and are considered 'dead'. This accounts for 52.7% of the total cryptocurrencies on CoinGecko, with most closures occurring in 2024 and early 2025.

2025: The Most Difficult Year

In just the first three months of 2025, around 1.8 million cryptocurrencies have failed. This is the highest number of projects shutting down in a year, accounting for nearly half of all failures since 2021. Experts believe this significant decline may be related to market issues arising after Donald Trump returned as President in January 2025, causing cryptocurrency prices to drop.

The Boom of Meme Coin and Quick-Launch Platforms

The total number of cryptocurrency projects has also increased in recent years. In 2021, there were about 428,000 projects listed. By 2025, that number has surged to nearly 7 million. A key factor contributing to this growth is the launch of the pump.fun platform in 2024, which makes it easier than ever for users to create Tokens. As a result, the market is flooded with meme Coins and low-effort projects, many of which do not last long.

Risks and Security Incidents

Before 2024, the number of failed projects was much lower. But after the emergence of user-friendly Token creation platforms, the number of closures skyrocketed. In addition to the failures of Tokens, major security breaches like the Mantra Crash and Bybit hack have shaken investor confidence. The growing number of scams, attacks, and failed projects clearly demonstrates the risks in the cryptocurrency market.

Source: https://tintucbitcoin.com/gan-2-trieu-token-sup-do-sau-3-thang/

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