Over One Million Crypto Tokens Disappear in Q1 2025: Hype Versus Substance

A recent CoinGecko study reveals a staggering trend – over one million crypto tokens vanished within the first quarter of 2025. This figure accounts for nearly a quarter of all tokens launched since 2021, setting an all-time high for project failures in a single quarter. The research underscores the volatility and brevity of most cryptocurrency ventures, particularly those operating in the altcoin space, where hype often overshadows substance.