The cryptocurrency market has long been known for its volatility. But new data paints a stark picture of just how precarious the industry has become. Since 2021, more than half of all cryptocurrencies listed on GeckoTerminal have failed, with a staggering 3.7 million tokens now considered defunct. These tokens are no longer trading and have effectively been abandoned by both developers and users alike. Recent figures indicate that about 52.7% of nearly 7 million tokens listed since 2021 have failed. Even more alarming is the fact that a huge number of these failures took place in just a couple of
The post Crypto Crash: Over Half of All Tokens Listed Since 2021 Have Failed Amid Market Turbulence appeared first on The Merkle News.
