According to the report, 49.7% of all recorded project failures between July 2021 and March 2025 occurred in the first quarter of this year.By March 31, 1.8 million tokens had collapsed, representing the highest number of failures recorded in a single year.In 2024, nearly 1.4 million crypto projects failed, accounting for 37.7% of all collapses during the analyzed period.
By July 2024, reports revealed most celebrity memecoins had crashed over 90% since launch, with the majority essentially "dead.” Related Reading: Monero (XMR) Price Jumps 50% Amid Suspicious’ $330 Million BTC Transfer – Details Amid the Q1 market retraces, most cryptocurrencies have seen a sharp price decline, with some of the strongest tokens retesting monthly and yearly lows.
Related Reading: Solana: Analysts Forecast Q3 ATH Rally As SOL Retests Make Or Break Level 50% Of Crypto Tokens Have Collapsed On Wednesday, CoinGecko published a report claiming that over half of the tokens registered in its Decentralized Exchange (DEX) tracker, GeckoTerminal, have died in the past five years.
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