Memecoins Spark Worst Year Yet For Crypto Token Losses
(MENAFN– Crypto Breaking) Crypto Market Decline Drives Record Number of Token Failures in 2025
The cryptocurrency industry experienced unprecedented turmoil last year, with over 11.6 million projects failing – the highest number ever recorded for a single calendar year. Specifically, the fourth quarter was among the most dire, as nearly 7.7 million tokens listed on GeckoTerminal ceased active trading during the period, highlighting the scale of market attrition.
According to a recent report by CoinGecko research analyst Shaun Paul Lee, the October market crash played a significant role in this decline. During that event, over $19 billion of crypto leverage was liquidated in a single day, igniting widespread sell-offs and market…
