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