Crypto token failures have sank, with 1 out of 4 launched since 2021 dying in Q1: Coingecko
Nearly one of the four crypto tokens launched since 2021 has failed in the first quarter of this year in the midst of a crypto market collapse and the creation of the token is becoming easier than ever, says the Crypto Data Platform Coingecko.
Since 2021, nearly 7 million cryptocurrencies have been listed in the coingecko token of geckoterminal, and more than half, or 3.7 million tokens, “since stopped trading and considered failed,” said coingecko research coingecko research analyst Shaun Paul Lee on April 30 Report.
“Funny, only the first quarter of 2025 saw a collapse of 1.8 million tokens,” he added, “the highest number of failures recorded in a single year.” It also consists under half of all the failures and represents a quarter of all tokens launched since 2021.
Coingecko recorded tokens with at least one trading prior to the end and only pump.fun token that graduated, or completed the bonding platform curve of the token.
Lee linked the recent token die-off to the “broader market excitement” after Donald Trump’s inauguration in January, seeing Bitcoin (Btc) hit a peak high but followed by a sharp collapse in the crypto market.
Many more crypto tokens used to survive
Last year saw the second highest number of token failures at 1.3 million, and in comparison, Lee said the three last year had a lower rate of attraction.
Lee presented the wolf number of tokens and their token failures Creation tool Pump.Fun, “that simplifies the process of creating tokens, leading to a flood of memecoins and low-striving projects entering the market.”
The Pump.Fun was online in January 2024. Coingecko’s report shows that last year had the largest number of new crypto tokens with more than 3 million launched, compared to 2023, found only more than 835,000.
“Prior to the launch of Pump.Fun in 2024, cryptocurrency failures as a low six numbers. Project failures between 2021 and 2023 consist of only 12.6% of all cryptocurrency failures over the last five years,” Lee said.
The graduation rate of pump.fun, at which token trading moves on site, has Never been highwith approximately 98% of tokens failed.
The best performance of the platform today was in November 2024, when 1.67% of Memecoins moved to the open market.
Related: AI tokens, Memecoins leads to crypto narratives in Q1 2025: Coingecko
Coingecko Founder Bobby Ong said in a March 6 report Interesting Memecoin investor appears to be chilled after a series of bad launching, noting the fall from The Libra (Libra) Launching the token.
Pump.fun has weekly trading volume After Launching Trump’s Memecoin On January 18, but both the crypto and stock markets were in terms of volatility starting in March following Trump’s threats of sweeping tariffs.
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