CoinGecko data show 86.3% of crypto token failures occurred in 2025

Beincrypto reports CoinGecko data show 86.3% of all crypto token failures since 2021 occurred in 2025, when 11,564,909 tokens failed.

Between 2021 and 2025 listed projects grew from 428,383 to nearly 20.2 million, and 53.2% of cryptocurrencies tracked on GeckoTerminal are now inactive. Annual failures rose from 2,584 in 2021 to 213,075 in 2022, 245,049 in 2023, 1,382,010 in 2024 and 11,564,909 in 2025; Q4 2025 alone accounted for 7.7 million failures (34.9% of the five-year total). CoinGecko’s methodology counted only cryptocurrencies that had recorded at least one trade and were listed on GeckoTerminal before becoming inactive, excluding tokens with zero trading activity.

CoinGecko and industry commentary attributed the surge to extreme market saturation, meme coin proliferation, easy-to-use launch platforms such as Pump.fun, and capital rotation toward Bitcoin and established assets; the October 10 liquidation cascade, which wiped out $19 billion in leveraged positions within 24 hours, exacerbated failures among thinly traded tokens. The data and experts cited in the report suggest the same pressures could push failure rates higher in 2026 unless launch incentives, disclosure standards or investor behaviour change.

Key Topics

Crypto, Coingecko, Pump.fun, Geckoterminal, Bitcoin, Meme Coins