Over Half of Cryptocurrencies Launched Since 2021 Have Failed

A recent study by CoinGecko reveals that over 52% of cryptocurrencies launched since 2021 have failed, raising significant concerns about market stability and investor confidence. This mass collapse is attributed to a proliferation of speculative digital assets with limited use or lasting liquidity. These failures primarily involved low-quality memecoins, contributing to the volatile and speculative nature of this industry.