Over 50% of all cryptocurrencies listed on CoinGecko have become inactive, with 3.7 million projects considered dead out of nearly 7 million listed since 2021.
In the first three months of 2025, around 1.8 million crypto coins have failed, making it the worst year for project shutdowns with half of all failures since 2021.
The increase in failed crypto projects is linked to market issues post Donald Trump's presidency resumption in January 2025, leading to a significant drop in crypto prices.
Easy token creation platforms like pump.fun have flooded the market with meme coins and low-effort projects, resulting in a surge of failures, security breaches, and lack of investor confidence.