According to the new data from major market Agrigator Coingeko, the number of encryption projects that has been released over the past four years has soared more than 1,500%.
new reportCoingecko announced that only 428,383 encryption projects were released in 2021 and were listed on Geckoterminal.
But by 2025, the number has soared to nearly 7 million.
Coingecko says most of the explosive growth is associated with pump.fun, a Solana (SOL) -based cryptocurrency lunch pad, and users can distribute Memecoin without a wide range of technical knowledge and significant capital.
DUNE’s data, a encryption analysis company show The platform has been able to create more than 10 million tokens since last year.
Coingecko says
“Most of this jump may be caused by the launch of Pump.fun, which simplified the process of creating a token, leading to the process of memes coins and low -effective projects entering the market.”
But more than half of the encryption project has spread. Coingecko said that 3.7 million people have stopped trading and failed to fail.
“52.7%of all cryptocurrencies in Geckoterminal failed, and most occurred in 2024 and early 2025.”
The report said that 1.8 million tokens were destroyed in the first quarter of 2025 alone. This number represents 49.7%of all project failures recorded from 2021 to 2025.
“The rapid decline in token survival can be related to the wider market turbulence, especially in the January 2025 Donald Trump’s inauguration, which is consistent with the decline in the encryption market.”
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