The Number of Failed Projects in the Cryptocurrency Market Has Reached Record Levels! Here Are the Details

The scale of project failures in the cryptocurrency market has reached striking levels. According to statistics based on CoinGecko data, the number of cryptocurrencies that failed throughout 2025 rose to 11,564,909.

This figure reveals a dramatic increase compared to the early days of the sector. Indeed, in 2021, the number of failed cryptocurrencies was only 2,584. This trend over the last few years shows that the number of failed projects has increased tens or even hundreds of times.

Data reveals that the crypto ecosystem experienced a significant shock, particularly in the last quarter of 2025. It is estimated that approximately 7.7 million tokens lost value and effectively collapsed in the fourth quarter of 2025 alone.

This number alone accounts for approximately 34.9% of all failed projects recorded by CoinGecko. In other words, one out of every three crypto projects that have failed to date was wiped out of the market in the last quarter alone.

Analysts point to multiple factors behind this sharp decline in the “survival rate” of tokens. Chief among these is the systemic volatility in the market following the 1011 large-scale liquidation events. These chain reactions led to the rapid collapse of low-liquidity and fundamentally weak projects.

According to experts, this data clearly reveals the risks created by the uncontrolled increase in the number of projects and the production of low-quality tokens in the cryptocurrency market. It is emphasized that it is more critical than ever for investors to be more selective and cautious, especially with newly launched projects.

*This is not investment advice.

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