Madame, Monsieur, gather your wits and your coin purses! Since the year of 2021, no less than 3.7 million tokens have performed their grand exit from the digital stage, vanishing with the grace of a courtier ducking a debt collector—half of them swept away in that notorious Pump.fun masquerade of 2024 and its encore, early 2025. 🎭💸
A proclamation from CoinGecko—yes, that oracle of the crypto bazaar—declares that 52.7% of all cryptocurrencies announced on the fabled GeckoTerminal have vanished! What a spectacle! The majority have absconded in the last twelve months, leaving investors clutching the air and declaiming, “Vive la volatilité!”
In the tempestuous opening act of 2025, no fewer than 1.8 million tokens took their leave, which, if you are counting, is nearly half of all token tragedies on record. Compare this to 2024, a mere 1.4 million dramatic departures, about 37.7% of all collapses. The stage is littered with fallen tokens, dear audience!
Behold! The number of cryptocurrencies that have sorrowfully departed since 2021. Source: CoinGecko.com
The scholars (and jesters) behind this research deemed a token “dead” when it had no more actors on its trading stage—no bid, no ask, no last curtain call. Only those who once had a morsel of lively trading were allowed a footnote in posterity. The chronicle spans from July 2021 to March 2025: an epic worthy of Molière’s wit, and perhaps his pity. 🎫👻
Why Did So Many Tokens Gasp Their Last?
Was it fate, fortune, or foolery? The analysts have surmised that the past year’s token carnage might be linked to furious financial storms set off by President Donald Trump’s return to the White House—but truly, who could say? One suspects the crypto gods enjoyed a laugh. 🤷♂️
Consider, though, another jest: The sheer explosion of tokens, from a modest 428,383 in 2021 to a colossal 7 million in 2025! The debut of Pump.fun let every pretender turn playwright, populating the stage with meme coins and half-baked projects, all eager for their fifteen seconds of fame.
Before this Pump.fun era, failures were a reserved affair, a six-figure tragedy at most (only 12.6% of the doomed tokens met their end). But after the gates burst open, the stage became a madhouse—every coin for itself!
And yet, not all is dismay and slapstick. Some meme coins strut and fret successfully. Take, for example, FartCoin (yes, truly a name for history), which inflated a puff of 30% gains, its market cap rocketing past a billion, landing in the 62nd spot—proof, perhaps, that even in folly, fortune sometimes smiles. 💨🚀
Let the lesson be this, mes amis: the weak may perish beneath the waves, but the strong (or at least the absurdly lucky) sail on, bags jingling, wigs askew, laughing all the way to the (digital) bank.
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2025-04-30 13:47