According to CoinGecko, 52.7% of all cryptocurrencies registered on the crypto tracker since 2021 have ceased trading. A total of 3.7 million out of approximately 7 million tokens failed.
Moreover, almost half of them exited the game in 2025. In the first quarter, there was a collapse of 1.8 tokens, which is 49.7% of all over the past few years. Analysts link the sharp decline in token survival rates to the turbulence in the market as a whole, especially after Donald Trump's inauguration in January, which coincided with a downturn in the cryptocurrency market.
In addition, in recent years, there has been a surge in the total number of crypto projects. If there were 428 thousand such projects in 2021, then in 2025 there are almost 7 million. The explosive growth is largely attributed to the launch of the platform pumf.fun, which simplified the token creation process and led to a boom in meme coins with low startup costs. The most cryptocurrency projects hit the market in 2024 - over 3 million. At the same time, in just the first quarter of 2025, about two-thirds of that amount were launched - 1.9 million.
Experts at CoinGecko estimate the total volume of the cryptocurrency market at $3.8 trillion - down 18.6% compared to the first quarter of 2024. 59.1% of the market belongs to Bitcoin.
One of the loudest events in the cryptocurrency market this year was the launch of Trump's branded token $TRUMP. Chainalysis reported that 58 wallets made over $10 million each from it, totaling $1.1 billion. Owners of another 764 thousand wallets lost money.
