Spent some time digging into the token graveyard and honestly, the numbers are pretty sobering. More than half of all crypto tokens that ever existed have basically gone to zero. Yeah, you read that right.

What's wild is that most of these deaths happened in 2025. That was absolutely brutal for the space. You had this perfect storm of failed projects, rug pulls, and projects that just ran out of steam. The market wasn't kind to anything without real utility or a strong team backing it.

This is probably why people keep saying crypto is dead every few years. And look, I get it - when you see that kind of graveyard, it's easy to feel like the whole thing is doomed. But here's the thing: every market cycle clears out the dead weight. The tokens that survive usually have something real going for them.

It's a harsh reminder that not every project deserves to survive. The space is brutal that way. You need actual value, actual adoption, or you're just another token nobody remembers. 2025 was the year the market finally said enough to all the noise.

If you're looking at tokens now, at least you know the bar got raised. The trash got filtered out. Whether that's bullish or just reality, I'll let you decide.