Skyrocketing Number of Crypto Projects Can Be Attributed to Launch of Pump.fun, According to CoinGecko

The variety of crypto tasks launched over the previous 4 years has elevated by greater than 1500percentin response to new knowledge from the main market aggregator Coingecko.

In a brand new one reportCoingecko says that solely 428,383 crypto tasks had been launched in 2021 and talked about on the Geckoterminal of the Decentralized Change (Dex) Tracker.

However by 2025, that quantity elevated to nearly 7 million.

Coingecko says that a big a part of the explosive progress is linked to Pump.Enjoyable, a Solana (SOL) -based cryptocurrency launchpad with which customers can implement Memecoins with out in depth technical information and appreciable capital.

Information from Crypto -analysis firm Dune to show That the platform has facilitated the institution of greater than 10 million tokens since final yr.

Says Coingecko,

“A lot of this leap could be attributed to the launch of Pump.Enjoyable, which simplifies the method of creating tokens, resulting in a stream of meme cash and low tasks that enter the market.”

However greater than half of the crypto tasks flopped. Coingecko says that 3.7 million of the 7 million cryptocurrencies on Geckoterminal have stopped appearing since 2021 and are thought-about to fail.

“52.7% of all cryptocurrencies at Gekkoterminal failed, whereby the bulk takes place in 2024 and early 2025.”

The report says that 1.8 million tokens alone collapsed within the first quarter of 2025. The quantity represents 49.7% of all included undertaking errors from 2021 to 2025.

“This sharp fall within the probabilities of survival could be linked to broader market turbulence, particularly after the inauguration of Donald Trump in January 2025, which coincided with a decline within the crypto market.”

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