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The variety of crypto initiatives that launched over the previous 4 years has skyrocketed by over 1,500%, in keeping with new information from the main market aggregator CoinGecko.
In a brand new report, CoinGecko says solely 428,383 crypto initiatives had been launched in 2021 and listed on the decentralized change (DEX) tracker GeckoTerminal.
However by 2025, that quantity has surged to almost 7 million.
CoinGecko says a lot of the explosive development is linked to Pump.enjoyable, a Solana (SOL)-based cryptocurrency launchpad that allows customers to deploy memecoins with out intensive technical information and important capital.
Information from crypto analytics agency Dune shows that the platform has facilitated the creation of greater than 10 million tokens since final yr.
Says CoinGecko,
“A lot of this bounce might be attributed to the launch of pump.enjoyable, which simplified the method of making tokens, resulting in a flood of meme cash and low-effort initiatives getting into the market.”
However greater than half of the crypto initiatives flopped. CoinGecko says 3.7 million of the 7 million cryptocurrencies listed on GeckoTerminal since 2021 have stopped buying and selling and are thought of failed.
“52.7% of all cryptocurrencies on GeckoTerminal have failed, with the bulk occurring throughout 2024 and early 2025.”
The report says 1.8 million tokens collapsed within the first quarter of 2025 alone. The quantity represents 49.7% of all recorded challenge failures from 2021 to 2025.
“This sharp decline in token survivability could also be linked to broader market turbulence, notably following Donald Trump’s inauguration in January 2025, which coincided with a downturn within the crypto market.”
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