2026-01-15 10:21:06

Market data is shocking. According to the latest statistics, 53.2% of cryptocurrency projects have declared failure, and this large-scale cleanup mostly occurred in 2025.

Specifically, approximately 11.6 million tokens completely went to zero in 2025. How exaggerated is this number? Compared to the overall situation from 2021 to 2025, tokens zeroed out in 2025 account for 86.3%. In other words, the delisting speed in just one year last year nearly matches the total of the past four years.

What’s even more heartbreaking is that this wave of cleanup concentrated in the second half of the year. In the fourth quarter alone, 7.7 million tokens went to zero, meaning a large number of projects died on average every day. This also reflects the intense turbulence and the burst of speculative bubbles the market experienced in 2025.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

23 Likes

Reward
23
8
Repost
Share

Comment

0/400

DegenDreamer

· 01-18 08:30

86.3%? Damn, this number is a bit outrageous. --- One year, 11.6 million coins die. How many is that on average per day? Never mind, it's too headache-inducing to calculate. --- That's why I only dare to touch mainstream coins now. Small-cap tokens are really gambling. --- 770,000 died in the fourth quarter? Feels even worse than during the bear market. --- 53.2% of projects fail. What does that mean... most of them are just air coins. --- Oh my god, there's a daily cleanup. No wonder the market feels so tough to navigate. --- That's how the speculative bubble bursts. It was bound to happen sooner or later. --- 2025 really saw a wave of washouts. Would newcomers still dare to enter? --- Compared to the delisting speed of the past four years... one year equals four years. This acceleration is quite brutal. --- Is 86.3% an alarming ratio? I actually think it should have died sooner.

View OriginalReply0

ImpermanentPhilosopher

· 01-18 05:08

86.3%？Ridiculous, this is the true test for the chosen ones. --- 11.6 million tokens die every year, how much can they produce? Haha. --- Daily average explosion in Q4? I just want to ask those who went all in, how are you doing now? --- 53.2% failure? To put it politely, it's actually a collective scalp cut. --- This data is even more brutal than the slaughter in 2021. The market really hasn't learned its lesson. --- 11.6 million types? I suspect 99% of them have never been used at all. --- Only concentrated deaths in the second half of the year indicate that they were still sucking blood in the first half.

View OriginalReply0

blocksnark

· 01-17 17:18

86.3%? This is freaking outrageous, it feels like the entire crypto world is crawling through a pile of corpses.

View OriginalReply0

DefiPlaybook

· 01-15 10:51

86.3% of zero tokens concentrated in one year? Need to verify this data on-chain to see if it's real or fake [dog head] --- Another wave of liquidation, this time there's really no way out, even liquidity mining can't save it --- 7.7 million tokens died in one quarter? That's faster than my rate of harvesting rewards, can't even laugh about it --- To be honest, this is the crypto market's self-purification process. Garbage projects deserve to die, just worried about collateral damage to good protocols --- 53.2% project failure rate? I saw it coming, those high APY gimmicks were basically the final party before running away --- Four years of liquidation speed completed in one year, what does that mean? Speculators have finally been flushed out --- Hundreds of thousands of tokens going to zero every day, this is the real textbook for impermanent loss [dog head] --- This pisses me off, followed along with that project last year, now can't even find TVL data for it --- Wait, among these zero tokens, are there any fake projects created by flash loans mixed in? Need to distinguish them --- The market is correcting, someone is going bankrupt, someone is buying the dip, this is the charm of crypto right

View OriginalReply0

ReverseTradingGuru

· 01-15 10:49

86.3%? Oh my, these numbers are crazy. It feels like 2025 will be a big cleanup. --- Honestly, projects die every day. Luckily, I’ve been doing the opposite, haha. --- 11.6 million tokens wiped out. How ruthless are these new investors to cut so deep? --- 4th quarter: 7.7 million? How many projects shut down on average each day? I can't even calculate. --- Just clean them out, I’ve already avoided these trash coins long ago. --- Five years’ worth of work done in one year—truly impressive. --- Are people still trading these air coins? They should have learned their lesson by now. --- 53.2% failure rate? The remaining 47% probably won’t last long either.

View OriginalReply0

BlockImposter

· 01-15 10:43

86.3%？一年顶四年，这得多疯狂啊 --- 又是一波大洗牌，怪不得我的portfolio这么惨 --- 第四季度770万种代币死亡，这是在开玩笑吗 --- 投机泡沫破裂就这样，该来的还是来了 --- 1160万种归零...这数字真的假的，太恐怖了 --- 53.2%项目失败？我怎么感觉更高啊 --- 每天都有大量项目死亡，真的太魔幻了 --- 去年一年的速度抵四年，币圈就是这样疯狂 --- 下半年才集中爆发啊，前面怎么没人警告

Reply0

Rugpull幸存者

· 01-15 10:42

1.16 million wiped out? No way, that number must be fake, feels like a bluff. Come on, it's just another tactic to cut profits, I've seen it too many times. 86.3%... I just want to know where that 86.3% of the money went. Did so many die in just one month in the fourth quarter? Damn, this bubble is so outrageous. If I had known, I wouldn't have touched those small coins. Now it's too late to regret. Is it real? It feels like every data point can scare people, but retail investors are still getting cut. That's why I only watch now and don't trade anymore, it's too crazy.

View OriginalReply0

MEVHunterX

· 01-15 10:34

86.3% Oh my God, luckily I was blind and didn't go all in Hey, this data looks a bit outrageous, but anyone with a brain should have already run away How many projects die in a day in the fourth quarter? I'm not good at math, but it feels ridiculously high Last year's cleanup was basically a massacre, my friends all lost money Honestly, seeing this data, I’m stunned. Who is really pumping these trash coins? The most heartbreaking is the 7.7 million, oh my God, how many people did this trap?

View OriginalReply0