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CoinGecko Joint Venture: The number of new tokens minted in the crypto market reached 600,000 in January

CoinGecko co-founder Bobby Ong said that the crypto market saw a surge in new token creation in January, with 600,000 new tokens minted, a 12-fold increase from the 50,000 tokens minted per month from 2022 to 2023. The acceleration in token creation began in the fourth quarter of 2024; monthly mints reached 400,000 before jumping to a record level in January. Blockchain networks and DEXs are also growing rapidly. Data shows that about 5 to 10 new chains are launched every month, and the number of new chains will peak at 17 in May 2024.(Cryptonews )

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