2026-01-16 22:48:16

Over 11.56 million cryptocurrency projects collapsed throughout 2025, according to CoinGecko's latest tracking data.

The decline tells a sobering story when mapped against previous years:

2024: 1.38 million failures
2023: 245,000 failures
2022: 213,000 failures
2021: 2,584 failures

That's roughly a 4,473x surge from 2021 to 2025—a staggering escalation in project attrition rates.

This proliferation of failed launches and abandoned protocols raises an obvious question: why aren't we witnessing the altcoin super cycle many traders anticipated? The data suggests the market is flooded with low-quality projects, diluting genuine innovation and investor confidence. As the graveyard of failed tokens grows exponentially, quality differentiation becomes increasingly critical for projects seeking sustainable adoption and capital allocation.

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MiningDisasterSurvivor

· 01-17 19:01

I've been through it all, and in 2018 I saw even worse. This time, an $11.56 million project collapsed. To put it simply, it's just a Ponzi scheme running rampant, and the project teams' hype tactics have just upgraded. 4473x growth? Ha, behind this data is just new retail investors being continuously exploited. Super cycle? Don't dream, brother. Now, nine out of ten projects in the market are Ponzi schemes, and the remaining one is planning to run away. Contract risks, mining disasters, project teams fleeing—these are all lessons from the bear market. Quality differentiation? Sounds nice, but in reality, 99% of the coins are trash.

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JustHodlIt

· 01-16 23:18

1. 15.55 million projects have died, this data is really shocking... What super cycle of altcoins are you still talking about? 2. Damn, a 4473x increase, this isn't projects, it's just a lot of trash. 3. Last year 1.38 million died, this year directly 11.56 million... The market is really rotten. 4. Quality differentiation? Basically, 99% are just air coins. 5. So many trash projects, no wonder confidence is gone, my wallet is gone too. 6. From 2,584 to 11.56 million... this escalation is really outrageous, who still dares to go all in? 7. The problem isn't the altcoin cycle, it's that no one really wants these things. 8. The increasing number of low-quality projects actually makes me a bit hopeful for real innovative projects. 9. Graveyard growing, every day new newbies go in to get slaughtered. 10. Super cycle? Let's get through this super death tide first.

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AlwaysAnon

· 01-16 23:18

Wow, 11.56 million projects collapsed? This data is really shocking. Is this going to bury the entire crypto circle? It's really outrageous. There are too many trash projects, no wonder no one believes it. Wait, is this data real? Feels like a fish fry.

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PerpetualLonger

· 01-16 23:14

11.56 million projects collapsed? Haha, this is the best time to buy the dip. When the trash projects die, we just make money. Don't panic. In the big waves, the sand is washed away, and what's left is gold. I will continue to increase my holdings in top cryptocurrencies. The data is so terrifying that it actually indicates the bottom has been confirmed. The bears should roll out. Quality differentiation? Yeah, that's why I stick to those truly trusted assets. Others are just supporting roles. After this elimination round, the bull market will be even purer. Those in the know are buying the dip. Don't be timid.

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GasFeeCry

· 01-16 23:14

Damn, 11.56 million projects have collapsed? That number is outrageous.

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FlashLoanPhantom

· 01-16 23:12

Wow, 11.56 million projects have collapsed? This data is outrageous, it feels like all scam coins.

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SighingCashier

· 01-16 22:54

11.56 million projects have failed. Still dare to dream of an altcoin super cycle? Wake up, brother. There are too many trash projects; the truly valuable ones are hard to recognize. 4473x surge... this data makes my scalp tingle, feeling like anyone who touches it will die. Basically, it's a bubble. The more retail investors there are, the less valuable the scythe becomes. That's why I only focus on top projects and ignore the rest.

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