More than 50% of all cryptocurrencies that have once been launched since 2021 have now disappeared. An even more worrying trend has risen in 2025, where the percentage of failed signs launched this year has reached the same level in the first five months.
This percentage, of course, rises over half a year. Representatives of Binance and Dune Analytics told Beincrypto that these failures are just another reminder of the need to launch viable projects supported by Solid Tokenomics and a strong community.
Ghost signs are rising rapidly
The recent Coingecko report showed the jaw falling data. The about 7 million cryptocurrency listed in Gecothermine since 2021 has later died of 3.7 million.
Several factors are taken into account when evaluating the coin.
“A coin is classified as 'Dead' When I Loses All Utility, Liquidity, and Community Engagement. Key Indicators Include Include Near-Zero Trading Volume, Abandoned Development (No Github Commits for 6+ Months) High. Teams ofTen Vanish Without Warning – Social Media Accounts Go Dormant, Domains Expire, ”Alsie Liu, Content Manager at Dune Analytics, Told Beincrypto.
Significant 53% of quoted cryptocurrencies have failed, most of the collapse of the collapse in 2024 and 2025. Namely, more than 1.82 million chips had already stopped trading significantly about 1.38 million failures registered throughout 2024 years.
For seven months of the previous year, this trend will increase this year for increasing failures.
Why do so many crypto projects fail?
Experts attribute the high degree of failure of cryptocurrency projects, often referred to as ghost coins, various factors, including broader macroeconomic conditions that affect the crypto market.
Coingecko specifically suggested a possible link between economic problems such as tariffs and the fears of the recession, noting after the trigger of the meme coin, which was likely to contribute to their decline.
However, all responsibility cannot be placed on a greater recession. Other aspects can contribute to these project failures.
“The common factors include the inability to find the suitability of the product market that causes the users or investors to be insignificant, or project teams that focus too much on short -term speculation, without long -term action plan, and sometimes abandonment of developers (Rug Pulls). Wider problems such as fraudulent intentions, weak users The failures that have been invested.
The rapid rise in ghost signs was also accompanied by mass -exponential launching of projects, especially since the beginning of 2024.
Analyzing the relationship between life's death
Last year was a new one after the spread of the memo coins. This new narrative was created especially after the start of the Solana platform pump.Fun, which allows everyone to start the mark at a minimum price.
According to Coingecko, 3 million new chips were listed in Coingecko alone in 2024. Half of these projects died, but the other half survived. However, the situation in 2025 seems less stable.
Although the number of new symbols is still high, the number of malfunctions is almost equivalent, and the launches are only slightly a thousand.
“Low -barrier ecosystems, designed for symbolic creation, see the most ghost coins. In general, platforms that make new chips starting very easy and inexpensive, the most abandoned coins. During this cycle, solana MEME MEME MIMI Spire flooded flooded with new tokens flooded.
The larger meme market has also taken a special impact on its popularity.
As of March 5, the market capitalization of MEME coins had decreased sharply to $ 54 billion, stating $ 125 billion of $ 125 billion from its peak on December 5, 2024. With this decline, a significant decline in trade activities was due, with volumes alone falling 26.2%.
Certain sign categories have hit harder than others.
Music and videos among the most difficult categories
2024 bit report It pointed that the video and music were outstanding categories with many unsuccessful cryptocurrency projects, achieving a 75% failure rate. This percentage exceeds that the cryptov venture, which focuses on niches, often stands with challenges in achieving long -term vitality.
“These niches face adoption and utility gaps. Music signs work hard to compete with Spotify/YouTube, while” Listening-Ee-Models “often lack demand. Because more conventional celebrities get into space without knowing a lot of block circuit technology.
A spokesman for Binance noted that legal and technical obstacles, such as licensing music and the essential resources needed to transmit videos, made it difficult to scalize decentralized alternatives.
In addition, they explained that many projects worked hard to stay sustainable without users' significant introduction or strong network effects.
“This emphasizes that only a good concept is not enough; cryptocurrency projects must also compete with the rooted Web2 platforms, navigate in the challenges of the sophisticated industry and provide the real world utility to succeed.
Despite the frustrating number of unsuccessful signs, this situation offers important knowledge of the construction of durable projects that can withstand adverse market conditions.
What can we learn from catastrophic symbolic collapse?
Possible symbolic creators can learn important lessons from popular projects that eventually fail. The negative results experienced in these ventures, especially in severe cases, can motivate the development of new projects responsibly and prevent similar pitfalls.
Binance referred Bitconnect and OneCoin to the infamous cases of ghost coins.
“Bitconnect, if one of the top 10 coins that had collapsed in 2018 after revealing the ponz scheme, promising ~ 1% per day. Investors lost nearly $ 2 billion. OneCoin, collecting ~ $ 4 billion, never real blockchain and no aggressive multi-level marketing. Created by Hyphic, which is Hypil-ID.
These examples also provide valuable lessons for chips trading with individual investors, regardless of whether the sign has just been launched or more established.
Main hours of ghost marks
Although there is a growing number of ghost coins, it is a crucial reminder that noticeable warning signs often precede the decline in their cryptocurrency.
These cases emphasize the need for strict research, validation of the underlying principles and maintaining a cautious perspective, especially when investment growth is unrealistically high. The importance of risk management and sustainable long -term factors should be overcome by short -term speculative trading.
Binance particularly highlighted the importance of his research (Dyor) in assessing crypto projects.
“Practically, this means reviewing white paper, evaluating whether the project solves the real problem, controls the credibility of the team, the research and the distribution of the offer, and the control of the community and development,” Binance said, adding that “Dyor is essentially increasing and defending projects, if it is fast. Third market. Funds of the red POAT POINTS POIT POAT POST POST.
Ultimately, the prevalence of ghost signs highlights the critical truth of the crypto participants: a thorough research and basic value are essential to identify permanent projects.
Giving up
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