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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

Author:
Global Cryptocurrency
Published:
2025-04-30 08:11:02
13
3

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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