Memecoins hit hardest in rough year that saw 11.6M tokens fail

Memecoin launchpads such as pump.fun flooded the market in 2025 with millions of “low effort” coins, leading to a record number of crypto token failures.
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Memecoin launchpads such as pump.fun flooded the market in 2025 with millions of “low effort” coins, leading to a record number of crypto token failures.