The bubble problem in the crypto market reached a shocking level in 2025. According to CoinGecko data, there were 11.6 million projects declared failed this year alone, accounting for 86.3% of the total failed projects over the past five years — more than the total of the previous four years combined.



Even more severe, in just the three months of Q4 2025, 7.7 million tokens completely collapsed, representing 34.9% of all recorded failed projects. Following closely behind in 2024, approximately 1.4 million projects came to an end.

The comparison is clear: before 2024, the number of failed crypto projects remained in the six-figure range. What does this indicate? The failure rate is accelerating, and market risks are accumulating. Investors need to scrutinize each new project more carefully; filtering out the ones that can survive is key.
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ThesisInvestorvip
· 3h ago
I think these numbers are a bit exaggerated, 11.6 million projects? Feels like most of them are just scam coins. --- Another alarmist article... Actually, there aren't that many failed projects that have survived. --- Honestly, 99% of new coins are just IQ taxes; only a few top ones can make money. --- So many crashes in the fourth quarter? I don't feel it... Maybe the ones I hold just won't die, haha. --- That's why I only look at whitelist projects. No matter how many trash coins there are, they can't affect me. --- This happens in every bear market. Filtering the survivors is the real skill. --- No wonder everyone in the group has been low-key lately; the market must be this bad. --- Wait, what does 86.3% mean? These statistics themselves seem questionable. --- I just want to know where the founders of those failed projects went... --- Those entering now really need to be mentally prepared; not everyone can get the next BTC.
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PessimisticLayervip
· 3h ago
16 million projects failed? How many trash coins does that add up to? It was about time to clear them out. --- 770,000 collapsed in Q4, what a concept... That’s exactly why I don’t touch new coins. --- The number of failures in the first four years isn’t even as many as this year. The market really needs a restart. --- Filtering out projects that can survive? Easier said than done, 99% are rug pulls. --- Every time I see this data, I feel lucky I don’t hold those scam coins. --- Last year, only 1.4 million failed; this year, it’s exploding... The speed is ridiculous. --- As soon as CoinGecko’s data came out, I knew the bull market was almost over. Time to stock stablecoins and wait. --- Wait, 16 million projects? How was this number calculated... --- With such a serious bubble, why are so many still rushing in? I don’t get it. --- I’ve been saying the market risk is accumulating for a long time. More and more people are regretting it now.
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LiquiditySurfervip
· 3h ago
7.7 million tokens collapsed in three months. This is the true picture of Web3—gold rush isn't that easy.
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YieldChaservip
· 3h ago
It’s 11.6 million projects dead? Bro, that number is a bit outrageous, feels like CoinGecko is tracking some kind of crazy stuff --- 770,000 collapsed in Q4? Oh my, the crypto market is really hellish --- The first four years combined aren’t even as many as this year, no wonder my bag has been shrinking --- Damn, this speed is faster than my losses, can’t even smile --- So, just filtering projects is enough? The key is how to filter, everyone who’s been rug-pulled wouldn’t say that --- From six figures to four figures? Isn’t that just the speed of rug pulls getting faster and faster --- Whether this data is true or not, I’m never trusting new projects again --- Should have cleared out the market long ago, the more trash projects die, the better, really --- Speaking of which, how many of these 11.6 million are real projects and how many are just air coins --- The market is a survival of the fittest, if not for greed, we could still be here today
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SorryRugPulledvip
· 3h ago
16 million projects dead? Damn, that number is outrageous. It feels like the entire market is playing a high-stakes game. --- 770,000 tokens collapsed in Q4... I just want to ask, who’s still alive? --- That’s why I only watch and don’t touch new coins. Honestly, just clicking on any of them is a landmine. --- In the past four years combined, none of them have died as fast as this year. If it were the stock market, it would have circuit-breaked five times already. --- So now investing is just gambling. There’s no way to filter; it’s all shit. --- It sounds like a warning to be cautious, but if projects are dying this fast... what’s the point of being cautious? They’re all doomed anyway. --- I’ve been saying most projects are just air, and now the data speaks for itself. --- No wonder my portfolio is gone; so this is how they die. --- Accelerated failure = opportunity? Or should I just clear out and buy Bitcoin? --- 86.3% in one year? I’m impressed by this speed.
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MelonFieldvip
· 3h ago
1.16 million? How exaggerated is this number? It feels like they're counting those scam coins that haven't even launched yet. --- 770,000 collapsed in Q4? I feel like half of them are just the same team rebranding and re-releasing. --- That's why I only buy the top 100 projects. I really can't sleep over the others. --- Only a few projects failed in the first four years, but this year alone they were wiped out? What does that mean? It means everyone is starting to be rational. --- So what kind of mindset do people have when they still trust new projects now... Really? --- The 86.3% ratio looks ridiculous. There must be some missing data or some fake stats. --- It was about time to clean out the market thoroughly. In fact, that would be beneficial for the projects that are still alive.
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