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Gate Square New & Returning Creator Rewards are ongoing!
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According to CoinGecko data, the number of failed cryptocurrency projects in 2025 has reached 11.56 million — a figure that is truly staggering. Compared to only 2,584 failed projects in 2021, the growth rate is simply astronomical. In just a few years, the number of failed cryptocurrencies has skyrocketed tenfold or even hundredfold.
What’s even more noteworthy is the recent data. In the fourth quarter of 2025 alone, 7.7 million tokens collapsed, accounting for 34.9% of all recorded project failures for the entire year — in other words, nearly one-third of the failed projects were wiped out in just the last three months. What does this reflect? The survival ability of tokens is rapidly declining. Once, there were myths of wealth everywhere; now, waves of collapses are occurring one after another. The harshness of the market is vividly reflected in these numbers.