Crypto market experiences a surge in token creation, with a record high of 600,000 tokens created in January 2025. Co-founder of CoinGecko predicts that if this trend continues, the crypto industry could have over 1 billion tokens by 2030. The growth in tokens is attributed to factors such as the proliferation of token incubators, advancements in blockchain infrastructure, and the rise of meme coins. Blockchains and decentralized exchanges are also expanding, with 5 to 10 new blockchains launching each month and the launch of 89 new DEXes in March 2024. Concerns are raised about liquidity fragmentation due to the rapid increase in tokens. Some crypto analysts predict that there will not be a traditional altcoin season but instead extreme short-term speculation and the emergence of select meme coins. Pump.fun is also seen as a factor diverting liquidity away from traditional altcoins.



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