Crypto Market Sees Record Number of Failed Projects: Nearly 2 Million Tokens Have Vanished

The cryptocurrency market has experienced a concerning surge in failed projects recently. Data from CoinGecko indicates that over 50% of all cryptocurrencies ever listed have gone inactive, with the number hitting nearly 7 million since 2021. In just three months alone in 2025, more than 1.8 million tokens have failed to maintain trading activity, setting a record for the highest year-to-date closure rate.