- More than 3.7 million crypto projects have failed since 2021, usually in 2024–2025.
- The Dominance of Bitcoin rose in 2025 and the Altcoin market is shrinking by $ 300 billion.
The year 2025 has ushered important shifts for the crypto ecosystem, characterized by both broader acceptance and rising uncertainty.
Despite renewed optimism among the government of President Donald Trump, recent facts Van Coingecko paints a dark image, in which more than half of all cryptocurrencies mentioned since 2021 have failed.
Of the nearly seven million tokens followed by Geckoterminal, a stunning 3.7 million is no longer active.
Source: Coingecko
The most alarming trend arose at the beginning of 2025, when 1.8 million tokens collapsed in just the first quarter, good for almost half of all project errors.
This wave of tokendoden seems closely linked to increased market instability that was caused around the time of the inauguration of Trump, which causes questions about the sustainability of the crypto tree in the midst of shifting regulatory and economic conditions.
Geckoterminal followed just over 428,000 listed projects in 2021, but by 2025 that figure had risen to almost 7 million.
How was Pomp.fun a catalyst for this crisis?
The dramatic rise in crypto projects can largely be assigned to pump. Fun, a platform that simplified token creation. It considerably reduced the barriers, which led to a Golf in Meme coins and hastily developed projects.
However, this growth has come with important disadvantages. From March 31, 2025, 1.8 million crypto projects have failed. This marks the highest annual failure percentage ever registered, good for almost half of the closures since 2021.
In 2024 a record -breaking 3 million new cryptocurrencies were launched. However, 1.4 million projects failed in the same year. This figure accounts for 37.7% of all closures of the past five years.
The launch of Pump.Fun played a key role in stimulating both project creation and collapse. It made the mass production of low-intent socks possible, which enhances the failure rates. Before the launch, annual failures rarely have six digits.
In the meantime, the wider crypto market is painting a mixed image, which shows both opportunities and challenges
General market performance
The global crypto market capitalization has reached $ 3.01 trillion, with Bitcoin [BTC] Almost the milestone of $ 100k. BTC was trade G for $ 96,311.37, at the time of press.
In the meantime, the Altcoin segment has undergone considerable losses. The dominance of Bitcoin rose by 13%between January and April 2025. This increase reduced the appreciation of the Altcoin market by almost $ 300 billion.
This growing gap between Bitcoin and the rest of the crypto market reflects an adult industry. The focus seems to be shifting to quality and resilience, away from speculative projects.
This trend suggests that the era of meme token with a low barrier can approach the conclusion.