2026-01-15 10:01:01

#数字资产市场动态【The Unspoken Truth】More than half of the coins are already dead

Retail investors watch the spectacle, while the whales are clearing the field—this is the true picture of the crypto market in 2025.

The data is in front of us: according to a major platform, 53% of tokens have become completely worthless. This is not an exaggeration; in 2025 alone, 11.6 million tokens died, accounting for 86% of failed projects over the past five years. Even more outrageous, in just the fourth quarter, 7.7 million projects exploded.

Why is this happening? Because the barrier to issuing tokens has become ridiculously low.

Platforms have made token issuance as easy as an assembly line—meme coins, shell projects, one-time harvest projects, emerging continuously like copy-paste. The cost is almost zero, yet the returns can reach hundreds of times. Under this unequal relationship, death becomes the fate of most tokens.

$BTC $ETH $SOL these top projects are doing well, but most of your smaller coins? They often end before they even get to tell their story. The market weeds out the weak, but only a few winners always survive.

BTC3,19%

ETH4,22%

SOL3,7%

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HalfPositionRunner

· 01-17 19:41

53% cooled off? I already cleared out long ago, just worried that the bagholders are still dreaming of doubling.

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GweiTooHigh

· 01-15 21:49

I've long seen through it. With such a low barrier to issuing tokens, it's not surprising to see a pile of dead coins.

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UnluckyMiner

· 01-15 10:31

1160万个币死掉，我特么早就知道，早就说了，但没人听我的散户永远是最后接盘的那个，没别的解释了梗币套壳盘真的绝了，反正我不碰了，就守着BTC混

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DisillusiionOracle

· 01-15 10:30

It's the same old story... I've seen through it long ago. Altcoins flying everywhere should be doomed. Retail investors are still dreaming; the clear-out has already begun. Is this data real? Feels like it changes every time. Anyway, my small coins have already gone to zero. Cost is almost zero, with a hundredfold return. I haven't figured out this algorithm, but it's just the old trick of harvesting the leek. The top few coins are indeed resilient, but others? Haha, don't expect much.

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DeFi_Dad_Jokes

· 01-15 10:14

Another year, another round of harvesting. I knew it would be like this long ago. The foolish with money always die first, it's that simple. 53%? I see even more... You guys are still chasing those third-rate projects, big investors have already turned around.

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DegenWhisperer

· 01-15 10:04

Another year of rug pulls, 53% of them fail, no surprise there --- I've always said, small coins are like lotteries, you can dream of winning --- All those liquidity mining schemes should just die, so everyone stops dreaming --- The market makers are the real players, we're all just recharging others --- Sounds scary, but it's just normal market淘汰, don't take it too seriously --- I just want to know if any of the 11.6 million projects are ones I bought... probably are --- Contract addresses change names and switch to new coins again, this cycle never stops

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