The number of crypto projects launched over the past four years has increased by more than 1500%according to new data from the leading market aggregator Coingecko.
In a new one reportCoingecko says that only 428,383 crypto projects were launched in 2021 and mentioned on the Geckoterminal of the Decentralized Exchange (Dex) Tracker.
But by 2025, that number increased to almost 7 million.
Coingecko says that a large part of the explosive growth is linked to Pump.Fun, a Solana (SOL) -based cryptocurrency launchpad with which users can implement Memecoins without extensive technical knowledge and considerable capital.
Data from Crypto -analysis company Dune to show That the platform has facilitated the establishment of more than 10 million tokens since last year.
Says Coingecko,
“Much of this leap can be attributed to the launch of Pump.Fun, which simplifies the process of making tokens, leading to a stream of meme coins and low projects that enter the market.”
But more than half of the crypto projects flopped. Coingecko says that 3.7 million of the 7 million cryptocurrencies on Geckoterminal have stopped acting since 2021 and are considered to fail.
“52.7% of all cryptocurrencies at Gekkoterminal failed, whereby the majority takes place in 2024 and early 2025.”
The report says that 1.8 million tokens alone collapsed in the first quarter of 2025. The number represents 49.7% of all included project errors from 2021 to 2025.
“This sharp fall in the chances of survival can be linked to broader market turbulence, especially after the inauguration of Donald Trump in January 2025, which coincided with a decline in the crypto market.”
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