Nearly 3 in 4 Tokens That Ever Cracked Crypto’s Top 100 Are Operationally Dead

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CryptoRank analyzed 1,539 tokens and found 71.9% of tokens that ever entered the Top 100 are operationally dead (delisted on CEXs and under $10,000 daily volume for 90+ days), with a median Top 100 token lifespan of 2 years and 4 months and mortality rates of 62% within five years, 84.7% at ten years and 91.5% at 12 years. The report notes about 65% of failures were Layer‑1/Layer‑2 “Ethereum killers,” Top‑100 dropouts lost a median 93% of market value, and CoinGecko shows 53.2% of tracked coins stopped trading and 11.6 million tokens failed in 2025, underscoring major risks for token launches, fundraising, adoption, DeFi and CEX/DEX liquidity and token performance.
In Brief
- CryptoRank says 71.9% of tokens that ever entered crypto's Top 100 are dead.
- The median Top 100 token survives just 2 years and 4 months.
- Estimated mortality climbs to 84.7% once tokens pass the 10-year mark.
Nearly three in four tokens that ever entered crypto’s Top 100 are operationally dead, according to new CryptoRank data.
The findings suggest market-cap rankings offer little protection, as most tokens that reach crypto’s upper tier lose relevance within a few years.
Most Top 100 Crypto Tokens Die Within Five Years
The firm analyzed 1,539 tokens and found 71.9% are “classified as operationally dead.” CryptoRank counted a token as dead once major exchanges delisted it and daily volume stayed below $10,000 for over 90 days.
Its analysis showed that 62% of top-100 tokens “die” within five years, with the estimated mortality rate rising to 84.7% after a decade and to 91.5% in 12 years. Meanwhile, the median lifespan of a top-100 token was just two years and four months.
“The key conclusion: reaching the Top 100 does not guarantee long-term potential,” CryptoRank stated in a post on X.
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Ethereum Killers Lead the Casualties
A separate CryptoRank analysis tracked the Top 100 from July 2021. Only 41 projects held their spot, 46 fell out, and 13 ceased operations entirely. The dropouts lost a median 93% of their market value.
Roughly 65% of the fallen were Layer-1 and Layer-2 chains once billed as Ethereum (ETH) challengers. In contrast, stablecoins doubled their Top 100 presence from eight to 16.
The wider market looks worse. CoinGecko research shows 53.2% of all cryptocurrencies tracked on GeckoTerminal have stopped trading, and 11.6 million tokens failed in 2025 alone.
The data reframes a Top 100 ranking as a moment of visibility rather than proof of durability. Which of today’s leaders will still trade by 2031 remains an open question.
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