CoinGecko: More than 50% of cryptocurrencies have died since 2014

According to CoinGecko's report, since 2014, out of over 24,000 cryptocurrencies listed on CoinGecko, 14,039 have died, accounting for over 50%.Most of the dead cryptocurrencies were launched during the bull market from 2020 to 2021. During this period, 7,530 cryptocurrencies died, accounting for 53.6% of all dead cryptocurrencies on CoinGecko. During the previous bull market, over 11,000 cryptocurrencies were listed on CoinGecko, and about 70% of them have since been shut down.In 2023, 289 cryptocurrencies listed on CoinGecko died. This means a failure rate of less than 10%, with over 4,000 cryptocurrencies listed, a significant decrease from previous years.