Over 540,000 new crypto assets have been launched in first 4 months of 2024

According to CoinGecko, from December 31st, 2021 to April 11th, 2024, 2.52 million cryptocurrencies have been launched, including transient memecoins and dead projects. The current number of crypto assets is also 5.7 times more than the 440,000 that existed at the end of 2021.

The period between January 1 and April 11th this year saw the rollout of 540,000 new tokens, equivalent to an average of 5,300 new tokens being launched every day in 2024. In comparison, 2022 recorded 720,000 new tokens and 2023, 830,000.

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