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The crypto market faced a devastating first quarter in 2025, with 1.8 million tokens failing—nearly half of all token deaths in the past five years. A new CoinGecko report reveals how platforms like Pump.fun fueled a speculative frenzy that ultimately collapsed.
- 1.8 million crypto tokens failed in Q1 2025 alone, marking one of the worst quarters in crypto history.
- Pump.fun's easy token creation fueled a speculative bubble, with 94% of new tokens in 2025 failing within months.
- Solana's DEX market dominance was briefly driven by Pump.fun's high activity before the collapse.
📎 Related coverage from: cryptopotato.com
Other Tags: CoinGecko, GeckoTerminal, Pump.Fun