#美国消费者物价指数发布在即 The epic purge unfolds in the crypto market—15.56 million projects declared dead within a year

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Uncontestable in the face of numbers: According to CoinGecko data, by the end of 2025, more than half of the global cryptocurrency projects (53.2%) will have completely failed. In just the past 12 months, 15.56 million projects have gone to zero, accounting for 86.3% of the total failures over the past five years. The climax of this disaster occurred in the fourth quarter of last year—just these three months, 7.7 million tokens completely collapsed. The event on October 10, 2025, dubbed the "Liquidation Chain Reaction," became the final straw that broke the camel’s back, triggering a collective project delay.

This is no longer just a shocking number; it feels like the entire industry is undergoing a painful self-cleaning. As the speculative frenzy subsides, shell projects and concept coins have nowhere to hide. The market is squeezing out bubbles and forcing a restart—those that truly survive will be the ones with real applications, solid technology, and transparent governance.

A reminder to everyone: the era of reckless expansion is over. Future opportunities belong only to projects with real substance. Investors should learn to say "no"—reject hollow stories and focus on long-term value that can withstand scrutiny. Winter will eventually pass, but projects that are frozen out will never wake up. Only those that remain are the true cornerstones.

The crypto world in 2026 will be better.