
2025 sets a record with 1.8M failed crypto coins, nearly half of all shutdowns since 2021, driven by market uncertainty.
Platforms like pump.fun flooded the market with meme coins, causing a surge in low-quality tokens and project failures.
The cryptocurrency market has recorded a troublesome number of failed projects in recent years. According to data from CoinGecko, over 50% of all cryptocurrencies ever listed have now become inactive.
Since 2021, nearly 7 million crypto coins have been listed on the platform. Out of these, about 3.7 million projects have stopped trading and are now considered dead. This means 52.7% of all cryptocurrencies tracked by CoinGecko, with most of these closures happening in 2024 and early 2025.
2025 Is the Worst Year So Far
In just the first three months of 2025, around 1.8 million crypto coins have failed. This is the highest number of project shutdowns in a single year and makes up nearly half of all crypto failures since 2021.
Experts say this big drop in crypto projects could be linked to market problems that started after Donald Trump
Donald Trump
Donald J. Trump is a US-based entrepreneur, Pro-crypto Politician, and the 45th and 47th President of the United States of America. He understands the importance and needs of the modern fintech world, and people look up to him as a dominant pro-crypto leader.
Quick Facts
Full name Donald John Trump Birth 14-06-1946, New York, United States Nationality American Education BS from the University of Pennsylvania Known For Businessman, Pro-Crypto Politician
Once doubtful about Bitcoindominance, he said in a tweet in 2019, “I am not a fan of Bitcoin", but now has a significant amount of cryptocurrency holdings in his kitty. He has also signed an Executive Order to establish a Strategic Bitcoin Reserve, which highlights his commitment to the future of cryptocurrency.
Donald Trump - Career Highlights & Events
2016 – Elected as the 45th President of the United States from the Republican Party. 2017 – Signed the Tax Cuts and Jobs Act, impacting investment environments 2019 – Criticized Bitcoin and Libra on X, dubbing them as "not money" 2024 – Campaign signals potential openness to crypto-friendly reforms 2025 – Elected as the 47th President of the United States from the Republican Party.
A meme coin, $TRUMP, is associated with Donald Trump, which is listed on the Solana blockchain platform. His family also backs World Liberty Financial (WLF), a crypto venture.
President became President again in January 2025, which caused crypto prices to fall.
Meme Coins and Quick-Launch Tokens Flood The Market
The total number of crypto projects has also increased in recent years. In 2021, there were around 428,000 projects listed. By 2025, that number had jumped to almost 7 million. A major factor behind this growth was the launch of pump.fun in 2024, a platform that made it extremely easy for users to create their own tokens. As a result, the market was flooded with meme coins and low-effort projects, many of which didnโt survive for long.
Before 2024, the number of failed projects was much lower. But after the arrival of easy-to-use token-making platforms, the number of shutdowns jumped sharply. Along with token failures, major security breaches like the Mantra Crash and Bybit hack have shaken investor confidence. The growing number of scams, hacks, and failed projects shows the risks in the crypto market.
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FAQs
About 3.7 million crypto projects have failed since 2021, over 50% of all coins ever listed on CoinGecko.
Yes, the first quarter of 2025 alone saw 1.8M failures, nearly half of all shutdowns since 2021โmaking it the worst year yet.
Trumpโs 2025 return triggered market instability, contributing to a drop in crypto prices and widespread project failures.