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BTCC / BTCC Square / Global Cryptocurrency /
Crypto Token Failures Surge to 3.7 Million Since 2021, Half Collapsed in Memecoin Era

Crypto Token Failures Surge to 3.7 Million Since 2021, Half Collapsed in Memecoin Era

Global Cryptocurrency
Author:
Global Cryptocurrency
Release Time:
2025-04-30 08:11:02
0

The cryptocurrency market has witnessed a staggering 3.7 million token failures since 2021, with nearly half occurring during the Pump.fun-driven memecoin frenzy. Research from GeckoTerminal reveals 1.8 million projects collapsed in Q1 2025 alone—accounting for 49.7% of all failures in the four-year period.

Market turbulence and speculative excess appear to be key drivers of this Darwinian shakeout. The data shows 2024-2025 accounting for 87.4% of total failures, suggesting an accelerating pace of project attrition as the market matures.

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