The failure of the distinctive code for encryption rises, as 1 in 4 has been launched since 2021 in the first quarter: Coingecko

Crypto Data Coingecko says that about one in four of the encrypted symbols that have been launched since 2021 have failed in the first quarter of this year amid a shrinkage in the encryption market and the creation of the distinctive symbol becomes easier than ever.

Since 2021, approximately 7 million coded currencies have been listed on a COININECO’s distinctive symbol tool, more than half, or 3.7 million icons, “I have since stopped trading and are considered failed.” a report.

He added: “In anxiously, the first quarter of 2025 witnessed the collapse of 1.8 million symbols,” he added, “The largest number of failures recorded in one year.” It also includes less than half of all failures and represents a quarter of all the symbols that have been launched since 2021.

Coingecko recorded the distinctive symbols with at least one trade before completing the distinctive symbols that graduated, or completed the bonding curve of the distinctive symbol creation platform.

LEE linked the last distinctive to the “broader market turmoil” after Donald Trump’s inauguration in January, which witnessed that Bitcoin (BTC) reached a rise in peak, but was followed by a sharp contraction in the encryption market.

More encrypted codes used to survive

Last year witnessed the second largest number of symbolic failures at 1.3 million, and compared to me, he told me that the previous three years were much lower than the rate of attrition.

I attribute the number of pronunciation of the symbols and their failure in the pump of the distinctive symbol creation tool.

Pump.fun entered online in January 2024. The CONINECKO report showed that last year was the largest number of new codes for encryption with more than 3 million launched, compared to 2023, which saw slightly more than 835,000.

“Before the launch of Pump.fun in 2024, the failure of the cryptocurrency was numbered in the six low numbers. The project failures between 2021 and 2023 by only 12.6 % of all cases of encoded currency failure during the past five years,” he told me.

The graduation rate from Pump.fun, as symbolic trading is transmitted outside the site, is not especially high, with about 98 % of the symbols failing.

It was the best performance of the platform so far in November 2024, when 1.67 % of Memecoins moved to the open market.

Related to: Artificial intelligence symbols, Memecoins dominate encryption novels in the first quarter of 2025: Coingecko

Coingecko Bobby Ong’s founder said in a March 6 report that the interest of the Memecoin investor appears to be cooled after a series of bad launch operations, with references to the repercussions of the distinctive code of Libra (LIBRA).

POMP.fun had a weekly trading volume after Memecoin’s launch from Trump on January 18, but both the encryption and stock markets were struck with severe fluctuations starting from March after Trump’s threats to comprehensive tariffs.

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