The number of crypto tokens has exploded past 37.8 million since 2023 — a staggering reminder of how easy it has become to launch new assets in the digital economy.
But while millions of tokens exist, only a tiny fraction build real infrastructure, communities, or long-term value.
This surge says less about innovation and more about experimentation and speculation across the market.
In the end, abundance doesn’t guarantee impact and in crypto, survival usually belongs to the few projects that actually solve problems.
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