1,000,000,000,000 cryptocurrencies will be on the market by 2030 - expert opinion

According to Bobby Ong, CoinGecko's co-founder and COO, the crypto market is experiencing a boom in token creation. In January 2025 alone, 600,000 new coins were created

  Ong predicts that if the trend of mass token launches continues, there will be more than 1 billion cryptocurrencies in the crypto industry by 2030.  

New tokens are being created at a record pace

  According to Ong, between 2022 and 2023, an average of 50,000 tokens were created per month. However, by the fourth quarter of 2024, that number had risen to 400,000 per month, and the record was broken in January 2025.   

“That's a 12-fold increase in just one year,” Ong said in a post on social networking site X (formerly Twitter).

    Ong attributed the explosive growth to several key factors.  

• The emergence of token incubators such as Pump.fun and other startup platforms has made it easier to create new coins.
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• Improvements in blockchain infrastructure have lowered the threshold of entry for developers, allowing them to launch new tokens with minimal effort.
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• The popularization of memcoins supported the trend. Meme culture instantly turns viral internet trends into tradable digital assets.
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• The general trend of tokenization attracts new entrants to the industry.

 

“At this rate, we will come to 1 billion tokens in the next 5 years. This needs to be realized,” Ong predicted.

  It's not just the number of tokens that are growing. Blockchains and decentralized exchanges (DEXs) are also expanding, he said. Every month, 5 to 10 new blockchains are launched, most of which are compatible with the Ethereum Virtual Machine (EVM). This makes it easier to integrate them into the existing crypto ecosystem.   In May 2024, a record 17 new blockchains were introduced, according to Ong. This highlights the growing demand for specialized networks. In addition, 89 new DEXs were introduced in March 2024. This further decentralized liquidity and provided more opportunities for token trading.  

Does it delay the altcoin season

  There is another side to this trend: the rapid growth in the number of tokens fragments liquidity.  

“There are too many tokens, each further dispersing the limited attention and liquidity of traders. That's why we don't see a big pumping of altcoins like in previous cycles,” Ong said.

  Earlier, crypto analyst Murad argued that the crypto industry has changed drastically due to unprecedented new token creation, which signals the end of the traditional altcoin season.  

“There will be no alt season. Not in 2025,” he wrote.

  Instead of a large-scale market rally, Murad predicted two prevailing trends: extreme short-term speculation and the emergence of several memcoins whose capitalization could exceed $100 billion.   Meanwhile, some analysts also point to Pump.fun as a factor delaying the altcoin season. They argue that it diverts liquidity to speculative memcoins, preventing capital from reaching traditional altcoins. Dune says the platform has already launched more than 7.8 million tokens.