600,000 New Tokens In January: Analysts Worried
The crypto market experienced an unprecedented surge of new token issuances in January 2025, raising concerns about liquidity fragmentation and its impact on altcoins. According to recent data, over 600,000 new tokens were created during the month, twelve times more than in the same period in 2024.
An explosion of new tokens worries crypto analysts
In a recent post on X, the co-founder of CoinGecko reminded that until 2022-2023, about 50,000 new crypto tokens were created each month. However, starting from the fourth quarter of 2024, this figure exploded to 400,000 per month, with an all-time high of 600,000 in January 2025.
The rise of platforms like Pump.Fun that facilitate token creation has contributed to…
