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- Gate Brand Strategy Major Upgrade
Launching our global domain Gate.com, alongside a brand-new logo!
With a cleaner, more distinctive, universally recognized visual identity, we're moving from industry leader to true pace-setter.
✨ Three Pillars of Our Strategic Upgrade
1. User First: Serving 23 million users worldwide, with a reserve ratio of 128.57%, solidly among the top in the industry.
2. Tech Innovation: Pioneering the use of zero-knowledge proofs to verify reserve security.
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- 🍕 Bitcoin Pizza Day is Almost Here!
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Post on Gate Post with the hashtag #Bitcoin Pizza Day# during the event. Your content can be anything BTC-related — here are some ideas:
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Coingecko: How many Crypto Assets have already disappeared?
Source: Coingecko, compiled by Bai Shui, Jinse Finance
How many cryptocurrencies have already disappeared?
More than 50% of cryptocurrencies have failed. Since 2021, of the nearly 7 million cryptocurrencies listed on GeckoTerminal, 3.7 million have stopped trading and are considered failures.
52.7% of cryptocurrencies on GeckoTerminal have failed, with most of these failures occurring between early 2024 and early 2025. Alarmingly, in just the first quarter of 2025, there were 1.8 million token collapses, accounting for 49.7% of all recorded failed projects. The sharp decline in token viability may be related to broader market turmoil, particularly after Donald Trump's inauguration in January 2025, which coincided with a downturn in the crypto market.
The total number of cryptocurrency projects has also surged significantly. In 2021, 428,383 projects were listed on GeckoTerminal. However, by 2025, this number has skyrocketed to nearly 7 million projects. This growth can largely be attributed to the launch of pump.fun, which simplified the token creation process, leading to a flood of meme coins and low-cost projects entering the market.
49.7% of all cryptocurrency failure cases occurred in 2025
As of March 31, 2025, 1.8 million cryptocurrency projects have failed, setting a record for the number of failures in a single year. These projects account for 49.7% of all projects that went bankrupt from 2021 to 2025.
Following closely is the year 2024, with nearly 1.4 million projects failing, accounting for 37.7% of all failed projects in the past five years. However, this year also saw the highest number of new project launches, with over 3 million new projects coming to market. Before the launch of pump.fun in 2024, the number of failed cryptocurrency projects was approximately in the six figures. The project failures from 2021 to 2023 only accounted for 12.6% of all cryptocurrency project failures in the past five years.
Statistics of Cryptocurrency Failures by Year
The number of cryptocurrency failures from 2021 to 2025 is as follows by year: