According to Coingecko’s report, the number of crypto currency projects increased by 1500 %in the last four years. While 428,383 projects were listed in 2021, this number reached approximately 7 million as of 2025. The report shows that garbage tokens on the market are rapidly increasing.
Number of Crypto Money
The report stated that the Solana -based launch platform named Pumpfun has a major impact on the increase in projects. Pumpfun allows users to create mecoin and similar tokens without requiring high technical knowledge or large capital. Thanks to the platform, more than 10 million token was produced last year.
Coingecko: “At the basis of this increase, Pumpfun’s simplifying the process of creating token. This situation has prepared the ground for the entry of projects that require low efforts.”
SUPPLIES THAT IS NOT WORKING
The report says that more than half of the projects put on the market have stopped processing. About 7 million projects listed in the 2021-2025 period were considered to be unsuccessful. These data point to concerns about sustainability despite the expansion of the sector.
According to the data, especially in 2024 and 2025, the failure rate of the projects increased. Economic uncertainties and market fluctuations adversely affected the survival periods of projects. While the risks in the sector are presented to the attention of investors, the problem of persistence stands out.
Coingecko: “It has been observed that 52.7 %of all projects failed, especially in the periods of 2024 and 2025.”
In addition, in the first quarter of 2025, 1.8 million toks were killed. This figure constitutes almost half of all the collapse of all projects during the 2021-2025 period. Beyond market fluctuations and political developments, this increase in the number of tokens that do not produce any benefit and their last experience is not surprising.
Coingecko: “The sharp decrease in token’s survival rate should be associated with the general fluctuations of the market.”
While the number of projects increases rapidly with the impact of new launch platforms in the crypto market, the low sustainable success rate reveals the risks in the sector. Investors can take cautious steps, taking into account the infrastructure and risk factors of projects. The data indicate the challenges of the market, as well as the opportunities of the expansion of the market.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.