60,000 coins added in 12 days, low-cost deployment fuels the crypto bubble

How low is the barrier to entry for cryptocurrencies? According to the latest data, over 600,000 new coins were created in just 12 days in 2026. This number sounds incredible, but it reflects a deeper issue: most new coins are doomed to fail from the start.

The Truth About Token Explosive Growth

According to CoinMarketCap data, as of January 12, 2026, the total number of cryptocurrencies tracked has reached 29.91 million. This means that from January 1 to now, approximately 620,000 new assets have been added. If we extend the time window, more than 1.57 million new coins have been added in the past 30 days alone, with 357,773 new coins just in the past 7 days.

How fast is this growth? This comparison makes it clear:

This number is already shocking: over 50,000 new coins are born every day on average.

Low-Cost Deployment Mechanisms: Anyone Can Issue a Coin

Why are there so many new coins? The answer is simple: the cost is extremely low.

The threshold for launching a new token has dropped to nearly negligible levels:

• No need to write code, just use existing tools to deploy
• Only one wallet required
• Only a small transaction fee needed
• The entire process may take just a few minutes

This extremely low deployment cost directly leads to a phenomenon: many tokens are not created to build long-term infrastructure. Reports indicate that many new coins are launched solely to test ideas or attract short-term attention. In other words, these projects have no serious business plans from the start.

The Fate of Most New Coins: Failure

What is the cost of creating at such low cost? Failure.

According to reports, most assets encounter difficulties shortly after launch:

• Price plummets
• Liquidity is insufficient, trading is difficult
• Poor utility, no real application scenarios
• Popularity fades, investor interest wanes

This is a typical bubble phenomenon: a large number of projects flood in, but the vast majority cannot survive market testing. Based on past experience, fewer than one in a thousand of these 620,000 new coins will survive and hold long-term value.

Deep Issues in the Market

This phenomenon reflects structural problems in the crypto market:

Speculation outweighs practicality

Low-cost deployment attracts many speculators rather than builders. project teams can try out ideas at minimal cost, while investors bear most of the risk.

Information asymmetry remains severe

Ordinary investors find it difficult to identify valuable projects among tens of millions of coins. Most new coins are launched without even basic information disclosure.

The market lacks effective screening mechanisms

Although exchanges set listing standards, many new coins still enter the market through various channels. Low-cost on-chain deployment tools bypass traditional review processes.

Possible Future Trends

This phenomenon may persist because technological costs are inherently difficult to increase. However, two changes might occur:

First, investors will become more cautious. After experiencing multiple failures, people will pay more attention to project fundamentals and team backgrounds rather than blindly chasing trends.

Second, infrastructure such as exchanges and wallets may strengthen screening. Some platforms might raise listing thresholds or implement stricter project review mechanisms to protect users.

Summary

The creation of 620,000 new coins in 12 days reflects both the ease of use of crypto technology and the market’s bubble-like nature. Low-cost deployment is a double-edged sword: it lowers the barrier to innovation but also attracts many speculative projects.

For investors, this means that screening ability is more important than ever. Finding truly valuable projects among tens of millions of coins is more difficult than simply chasing new coin profits, but it is also more worthwhile. The market needs not more coins, but better coins.