MANY TRASH PROJECTS HAVE BEEN CLEARED IN JUST 1 QUARTER
More than 52.7% of tokens created from 2021 to now have 'died' – in just Q1/2025 alone, they accounted for nearly 50% of the total failed projects.
1. Total number of tokens ever listed on GeckoTerminal from 2021 to 3/2025: nearly 7 million projects.
- Number of 'fail' tokens (stopped trading) as of 31/3/2025: ~3.7 million projects (~52.7%).
- In Q1/2025 alone, there were 1.82 million dead tokens, equivalent to 49.7% of the total dead tokens in the past 5 years.
2. Main reasons:
- Pump and dump exploded from 2024, making meme token creation as easy as... 'creating a group chat'.
- The consequence is an explosion of trash projects, low-effort, and lacking PMF.
- Additionally, the crypto market has also adjusted sharply since Trump was re-elected in January 2025.
3. Personal perspective:
- Behind these 'terrifying' figures lies not only chaos but also a strong cleansing signal. As trash tokens gradually die out, smart money will return to truly applicable projects, with ecosystems and real users.
- This is an opportunity for people to 'zoom out' from meme coins and reflect on what is worth building and holding.
- What do you think?
