A glut in the alternative currency market turns into a graveyard with the death of 1.8 million coins in the first quarter of 2025!
The cryptocurrency market experienced one of its worst periods ever in the first quarter of 2025, with approximately 1.8 million digital coins disappearing within just three months.
According to a recent report from the "CoinGecko" platform, this loss represents nearly half of the recorded deaths of digital currencies over the past five years, indicating the scale of the crisis facing the sector.
Data shows that nearly 25% of the coins launched since 2021 are no longer trading.
This phenomenon is attributed to a combination of factors, most notably the sharp correction that followed the brief rise of Bitcoin after its launch in January 2025, as well as the rapid growth in the number of digital coin generators, which have made the creation of digital currencies an instantaneous process open to everyone.
The platform, launched in early 2024, facilitated user entry into the world of digital tokens without the need for technical expertise.
However, this excessive simplification led to a flood of short-term and speculative coins in the markets, contributing to the decline in the reliability of this sector and the accumulation of trading platforms with weak and unsustainable assets.
