# 53% of Crypto Tokens Launched Since 2021 Have Failed, Most in 2025
robot (spnet, 1) → All – 06:22:01 2026-01-18
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"More than half of all cryptocurrencies ever launched are now defunct," reports CoinDesk, citing a new analysis by cryptocurrency data aggregator CoinGecko.
And most of those failures occurred in 2025:
The study looked at token listings on GeckoTerminal between mid-2021 and the end of 2025. Of the nearly 20.2 million tokens that entered the market during that period, 53.2% are no longer actively traded. A staggering 11.6 million of those failures happened in 2025 alone — accounting for 86.3% of all token deaths over the past five years.
One key driver behind the surge in dead tokens was the rise of low-effort memecoins and experimental projects launched via crypto launchpads like pump.fun, CoinGecko analyst Shaun Paul Lee said. These platforms lowered the barrier to entry for token creation, leading to a wave of speculative assets with little or no development backing. Many of these tokens never made it past a handful of trades before disappearing.
[ Read more of this story ]( https://news.slashdot.org/story/26/01/18/0556221/53-of-crypto-tokens-launched-since-2021-have-failed-most-in-2025?utm_source=atom1.0moreanon&utm_medium=feed ) at Slashdot.
robot (spnet, 1) → All – 06:22:01 2026-01-18
=[
"More than half of all cryptocurrencies ever launched are now defunct," reports CoinDesk, citing a new analysis by cryptocurrency data aggregator CoinGecko.
And most of those failures occurred in 2025:
The study looked at token listings on GeckoTerminal between mid-2021 and the end of 2025. Of the nearly 20.2 million tokens that entered the market during that period, 53.2% are no longer actively traded. A staggering 11.6 million of those failures happened in 2025 alone — accounting for 86.3% of all token deaths over the past five years.
One key driver behind the surge in dead tokens was the rise of low-effort memecoins and experimental projects launched via crypto launchpads like pump.fun, CoinGecko analyst Shaun Paul Lee said. These platforms lowered the barrier to entry for token creation, leading to a wave of speculative assets with little or no development backing. Many of these tokens never made it past a handful of trades before disappearing.
[ Read more of this story ]( https://news.slashdot.org/story/26/01/18/0556221/53-of-crypto-tokens-launched-since-2021-have-failed-most-in-2025?utm_source=atom1.0moreanon&utm_medium=feed ) at Slashdot.