Over 50% of all cryptocurrencies have already failed, according to CoinGecko.
🟠1.8m tokens failed in Q1 2025 alone—that’s nearly half of all crypto project failures since 2021 (49.7%).
🟠In total, 3.7m of ~7m listed coins are now considered dead.
🟠Most failures happened in 2024–2025, especially after Trump’s inauguration and amid a broader market cooldown.
🟠Pump.fun is a major driver—with a 98% failure rate, it flooded the market with meme coins and low-effort projects.
🟠Dead coins by year:
2021 — 2,584
2022 — 213,075
2023 — 245,049
2024 — 1,382,010
2025 — 1,821,549 (as of March)
Analysis is more effective than any failure
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