The tally implies 53% of all cryptocurrencies ever launched have failed, far exceeding the 1.4 million that failed in 2024 and the 0.46 million recorded from 2021 to 2023 combined.
River data shows 11.6 million of the 21.9 million cryptocurrencies ever launched are now dead, putting the failure rate at 53%. The figure is eight times higher than the 1.4 million that failed in 2024 and 25 times larger than the 0.46 million that failed from 2021 through 2023 combined, highlighting the high attrition rate across digital-asset markets as new tokens proliferate and many lose activity, liquidity, or support.