Over Half of Crypto Tokens Have "Vanished": 2025 Sees Record-High Number of Project Failures
1 week ago / Read about 0 minute
Author:小编   

Fresh data indicates that between mid - 2021 and the end of 2025, a staggering 53.2% of close to 20.2 million newly launched crypto tokens have stopped being actively traded and are now considered failed ventures. Remarkably, 2025 stands out as the year with the highest number of token failures. In that single year, around 11.6 million tokens bit the dust, making up 86.3% of the total failures witnessed over the past five - year period. The sudden spike in token failures can be largely attributed to the rampant proliferation of low - barrier meme coins and experimental projects. Here, “bit the dust” is a more vivid and commonly used English expression to convey the idea of failing or coming to an end, which is more in line with English language habits compared to the original “ceased active trading and been declared failures”.