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Gate Square New & Returning Creator Rewards are ongoing!
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THE CRYPTO GRAVEYARD: 11.6 MILLION PROJECTS COLLAPSED IN 2025
CoinGecko's latest data paints a sobering picture of the cryptocurrency landscape. According to their January 2026 report, 11.6 million cryptocurrencies failed last year—a jaw-dropping figure that shattered previous records by over 700% and now accounts for 86% of all project failures since 2021.
What's driving this mass extinction event in the crypto space? The spike reflects a combination of market consolidation, increased scrutiny on low-quality projects, and the natural winnowing that occurs when speculative fever cools. Most of these failures were likely low-effort tokens and abandoned projects that flooded the market during the peak hype cycles.
The numbers underscore a harsh reality: while major cryptocurrencies and established projects weather market cycles, the vast majority of smaller tokens struggle to survive. This trend highlights why due diligence matters—quality and fundamentals increasingly separate the survivors from the casualties in today's crypto ecosystem.