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How Many New Crypto Tokens Are There?
Key Takeaways
Copy link to section- Thousands of tokens exist: Over 20,000 cryptocurrencies are in circulation, with hundreds of new tokens launched daily.
- Easy token creation: Blockchain platforms like Ethereum, Binance Smart Chain, and Solana make launching new tokens simple.
- Hype fuels growth: Many new tokens are created for fundraising, innovation, or speculation.
- Most tokens come from major blockchains: Ethereum, Binance Smart Chain, and Solana are the leading platforms for new token launches.
- Not all tokens are valuable: Market saturation and scams mean investors must carefully assess new projects before investing.
How Many New Crypto Tokens are Available Today?
Copy link to sectionThe speed at which the crypto market is growing makes it a nearly impossible task to give an exact number.
Since Bitcoin’s introduction in 2009—when it was the lone crypto—hundreds of thousands of new tokens have launched.
According to Statista, there are more than 20,000 cryptocurrencies in existence.
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www.statista.com
https://www.statista.com/statistics/863917/number-crypto-coins-tokens/
But just how many fresh cryptocurrency tokens exist? And for investors, what does this explosive increase imply?
Let’s dissect it here.
Why Are So Many New Tokens Created?
Copy link to sectionThere are many reasons that contribute to the increase in new cryptocurrency tokens:
- Blockchain Accessibility. Platforms such as Ethereum, Binance Smart Chain, and Solana make it simple for developers to generate tokens. Anyone may create their own coin with only a few lines of code.
- Crowdfunding and Fundraising. Initial Coin Offerings (ICOs), also known as token sales, generate a large number of new tokens. These enable projects to seek funding from investors in return for tokens.
- Innovation and Experimentation. The cryptocurrency market is a hub of innovation. New currencies frequently seek to address specific issues, such as increasing scalability, lowering transaction costs, or allowing decentralized finance (DeFi) applications.
- Hype and speculation. The early success of cryptocurrencies such as Bitcoin and Ethereum has generated a slew of imitators. Some new tokens are generated only to profit on market developments or investor interest.
How Many New Tokens Are Launched Daily?
Copy link to sectionWhile exact figures vary, it is thought that hundreds of new tokens are issued each day.
For example, in 2021, during the zenith of the crypto bull run, an average of 50-100 new coins were issued every day
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defi-planet.com
https://defi-planet.com/2021/12/top-10-coins-that-shook-the-crypto-market-in-2021/
.
This speed has slowed slightly in 2025, but it remains strong as the market evolves.
Where Do New Tokens Come From?
Copy link to sectionUsually, new tokens develop from the following sources:
Ether-Based Tokens.
Copy link to sectionThanks to its support of smart contracts, Ethereum is the most often used platform for generating new tokens.
Built on Ethereum were tokens such as Chainlink (LINK) and Shiba Inu (SHIB).
Particularly those targeted on DeFi and low-cost transactions, Binance Smart Chain (BSC) has evolved as a center for new tokens. One such is PancakeSwap (CAKE).
Solana and Different Blockchains
Copy link to sectionOther blockchains, such as Solana and Cardano, are also becoming popular venues for fresh tokens.
Compared to Ethereum, these networks have cheaper fees and better transaction speeds.
Forked Tokens
Copy link to section“Forking” current blockchains generates some new tokens.
Forking the blockchain of Bitcoin, for instance, produced Bitcoin Cash (BCH).
Final Thoughts
Copy link to sectionThe number of new crypto tokens continues to grow every day.
While this creates opportunities for investors, it also increases the risk of scams and market saturation.
To navigate this space successfully, focus on tokens with strong fundamentals, real-world use cases, and active communities.
It’s worth learning how to find the best new cryptos before making any purchases.
