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Showing posts from September, 2026

Number of new cryptocurrencies created spikes over 150% in a year

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The number of cryptocurrencies tracked globally has surged by more than 150% over the past year amid heightened market volatility. Data from CoinMarketCap shows the total climbed from 23.45 million on September 4, 2025, to 59.08 million on September 2, 2026, marking a 151.94% increase.  Growth accelerated sharply around March 2026, when the count jumped from about 39 million to more than 46 million before reaching 52.8 million by June and a record 59 million by early September. Total number of cryptocurrencies. Source: CoinMarketCap The boom has been driven by low-cost blockchain networks, no-code launchpads, and automated token-creation tools. Solana (SOL), Base, and BNB Chain have emerged as key hubs for crypto token launches, while the memecoin frenzy has fueled millions of speculative projects. Survival of newly created cryptocurrencies However, rapid growth has not translated into long-term success. Despite the rising number of cryptocurrencies, most ...