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Dead On Arrival: 25% Of New Crypto Tokens Didn’t Survive Q1 ’25
Dead On Arrival: 25% Of New Crypto Tokens Didn’t Survive Q1 ’25
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The crypto market witnessed an unprecedented wave of failures in early 2025, with 1.8 million tokens collapsing during the first quarter—nearly 25% of all cryptocurrencies issued since 2021. CoinGecko’s report highlights a staggering mortality rate, surpassing any previous annual record.
Of the 7 million tokens listed since 2021, over half (3.6 million) have ceased trading entirely. The acceleration of failures underscores mounting pressures in the altcoin ecosystem. "The first three months of 2025 experienced more token failures than any calendar year on record," noted CoinGecko analyst Shaun Paul Lee.
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