Explosive Warning! Over 3.7 million coins have perished, and the crypto market has become a 'coin graveyard'!

The crypto world is experiencing a cleansing storm! Since 2021, out of nearly 7 million projects launched on GeckoTerminal, over 3.7 million have completely collapsed, with a death rate exceeding 50%. The most devastating year was 2025, where in just the first quarter, 1.8 million tokens fell, accounting for nearly half of the total failures. 2024 was not to be outdone, claiming 1.4 million projects.

One of the main culprits driving this coin disaster is the drastic reduction in the threshold for token issuance. Particularly, a certain platform has made issuing coins as easy as posting, igniting a flood of meme coins and causing project quality to plummet. In the past, failed projects were relatively rare, but now the entire market resembles an unregulated gambling game.

With the sudden shift in policy direction in 2025, market confidence was severely damaged, accelerating the formation of the 'coin graveyard.' Remember: while the crypto world is alluring, it is also a place where hype and fantasies are buried. Want to get involved? First, clarify whether you are facing an opportunity or a grave.