Crypto Death Toll hit 3.7 m from 2021. year, with 50% coins deleted post-pamp.fun era, research shows

More than 3.7 million cryptocurnance token failed from 2021. year, with almost half of these collapses that appear during the pump.

Millions of tokens fail from 2021. year, with almost half of these collaps recorded in 2024. And early 2025. Years New research By CRIPTO CEEC GEKORERMINAL PACKAGES.

According to research, a total of 1.8 million tokens failed only in K1, making 49.7% of all token failures between 2021. and 2025. years. 2024. years, even almost 1.4 million projects were also subject to 37.7% of failure. Together, two years ago, they saw most of the token cropto interrupts on the market.

“This sharp drop in tokens survival can be associated with wider market turbulence, especially after the inauguration of Donald Trump in January 2025, which coincided with the cropto market.”

Gecoterminal

The number of new crypto projects has also risen. For example, only over 428,000 tokens are listed on the CRIPTO price aggregator platforms in 2021. until 2025. year, that number jumped over almost seven million. Researchers say that a large part of this growth “can be attributed to the launch of pumps.fun, which simplified the process of creating tokens, which led to the flood of memory coins and low effort projects.”

Before pumps.fun, 2024 was launched. Year, the number of project failures was significantly lower. From 2021. until 2023. years, the failed were left in low six digits. Combined, these three years consisted of only 12.6% of the total death of the token, data emissions.

Gekoterminal explained to define “dead tokens” as those who are no longer active, noting that only tokens had “one trade or more” before Defunct.