I recently came across some shocking data — according to GeckoTerminal statistics, more than half of crypto projects have declared failure, specifically 53.2%.



But the more alarming part is that the majority of these failed projects are concentrated in 2025. In just one year, 11.6 million token projects have gone extinct, accounting for 86.3% of all failed projects. Why is it so grim? Mainly because the market has been extremely unstable throughout the year, with the heaviest blow to the memecoin sector.

If you ask which period was the most intense, it has to be Q4 of this year. In just three months, 7.7 million token projects collapsed, roughly more than one-third of all failures. This directly correlates with the record-breaking "liquidation chain reaction" on October 10 — $19 billion in leveraged positions were liquidated within 24 hours, a first in cryptocurrency history.

Interestingly, despite the market turmoil in 2025, the total number of crypto projects has actually surged. In 2021, GeckoTerminal listed just over 420,000 projects, but by 2025, that number has approached 20 million. While projects are dying in heaps on one side, new projects are continuously launching on the other — this is the true picture of the current crypto market.
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pvt_key_collectorvip
· 1h ago
Buddy, more than half of the 20 million projects have died, which is just outrageous. --- This wave of meme coins has really been hammered, I couldn't even dodge my small positions. --- During the 19 billion liquidation in October, I was on the scene, directly witnessing the leverage explosion. --- New projects are still launching crazily, it's just like a casino. --- A 53.2% failure rate is truly terrifying; it feels like you can hit a mine just by buying any coin. --- In 2021, there were only 420,000 projects; now it's 20 million, with an insanely fast growth rate. --- 770,000 projects died in Q4, one number per quarter, brother. --- More projects are dying as the number increases, this cycle really can't hold up. --- I truly empathize with how harshly the memecoin sector has been hit. --- The market is so unstable, yet some still dare to go all in—truly brave.
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BanklessAtHeartvip
· 13h ago
Another bloodshed from dead projects, gamblers just won't learn their lesson. --- 86% of them died this year, how reckless can one be? --- That wave of memecoin is truly hopeless; I already ran away long ago. --- Two million projects? How are new ones still being built nonstop? Are they brainless? --- I was stunned by the liquidation wave in October; 19 billion just disappeared like that. --- Half the projects fail while still rushing to launch new coins—such mental resilience is incredible. --- So is the market too bad, or are all the project teams scammers? --- So many died in Q4; is autumn the death gate of crypto? --- In 2021, there were only 420,000; now it's fifty times that. This bubble is unbelievable. --- Looking at these numbers, I am even more determined to buy the dip—an alternative opportunity. --- That leveraged explosion, how many people's dreams were shattered?
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AirdropHermitvip
· 18h ago
Oh wow, this data is incredible, the ultimate form of memecoin pulling the wool over investors' eyes. --- Damn, 7.7 million dead projects in Q4? That's why I only dollar-cost average into Bitcoin... --- New highs and massive crashes, the crypto market just keeps cycling crazily. --- 190 billion liquidated in a day, I ask you, whose leverage hasn't been blown up? --- Out of 20 million projects, how many are still alive? Anyway, I’m not betting on small-cap coins anymore.
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unrekt.ethvip
· 18h ago
53.2% of projects have died, and by 2025, that number will reach 86.3%. Memecoins are even bleeding out, how tragic is that?
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AirdropHarvestervip
· 18h ago
1. 16 million projects have died, and there are still people daring to chase new coins every day? Truly brave warriors. 2. Memecoin has been hit the hardest this round. Where is the promised dream of getting rich overnight? 3. 7.7 million projects collapsed in Q4. I just want to know how there are still so many people doing rugs. 4. $19 billion settled in one day. This data is a bit painful to look at. 5. 20 million projects vs. a 53.2% death rate. Isn't this a massacre in terms of probability? 6. Dead and reborn at the same time, the crypto market is just a perpetual motion machine. No matter what, there are always new retail investors entering. 7. I personally witnessed the liquidation wave in October, with people around me getting margin called. I'm still haunted by it psychologically. 8. From 420,000 to 20 million projects over five years, new retail investors keep coming in one after another. The supply chain has never been this stable. 9. Looking at it this way, 87% of failures happen within a year. Are they all obvious pitfalls? 10. Is market turbulence the harshest blow to memecoin? I think it's still the retail investors who suffer the most.
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WhaleWatchervip
· 18h ago
53.2% Directly crashing the market, do you still dare to rush in? --- Memecoin has indeed been slaughtered this round, my small positions are all gone. --- 11.6 million projects have died... this number is a bit outrageous. --- During the leverage liquidation in Q4, I saw firsthand how many people got liquidated. --- New projects are still launching wildly, isn't this just a harvesting machine for retail investors? --- There were only 420,000 in 2021, now 20 million... this growth method is truly incredible. --- It's not surprising that half of the projects fail; what's surprising is that so many people still dare to go all in. --- I still dream about the 19 billion liquidation in October. --- Living and dying at the same time, this is how the crypto market is. --- After this round, I finally understand that not all coins are worth touching.
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gas_fee_therapyvip
· 18h ago
53.2% directly failed, I just want to ask if anyone still dares to take the plunge --- Memecoin was hit the hardest this time, serves them right --- 1,160,000 projects died in a year? How is this number calculated, is it real? --- If this trend continues, how many will die by 2026? It's terrifying upon closer thought --- New projects are still launching wildly, isn't this just a cycle of chives being produced? --- That 19 billion liquidation in October, I was caught in that wave, still licking my wounds --- 20 million projects chasing 420,000 profit-making ones, is math really that hard? --- The harshest in Q4? Yeah, my coins are all zero now --- Is this data released just to scare people, or are some still rushing in? --- Dying so quickly shows that the purification efficiency of this circle is pretty good?
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