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Altcoin Market Value Erased US$382 Billion, Experts Predict It Will Become Digital Waste
Analysts report that the market value, also known as the market value of altcoins, has been wiped out by up to $382 billion throughout 2025, as the price of Bitcoin rises to $111,000. This indicates that there are many coins whose prices have dropped drastically even though the adoption of the world's first digital asset continues to increase.
"I think they (altcoin) will just die, to be honest. They will just wither. Technically, a lot of this stuff will just sit there and gather dust forever," said Zodia Markets founder Nick Philpott, quoting Bloomberg.
According to CoinGecko, more than 50% of all crypto projects have failed. Of the nearly 7 million cryptos listed on GeckoTerminal since 2021, 3.7 million of them have stopped trading and are considered failures.
As of March 2025, it was reported that 1.8 million crypto projects have failed, accounting for 49.7% of all project failures between 2021 and 2025. Meanwhile, in 2024, there were nearly 1.4 million failed projects, contributing to 37.7% of all failures in the last five years.
This year, Bitcoin's share of the total crypto market value rose by 9% to 64%, the highest since January 2021. At that time, the crypto world was still largely unregulated, crypto lending services were booming, and NFTs were just beginning to gain recognition.
On the other hand, altcoins have instead wobbled. An index that tracks the performance of the bottom half of the 100 largest crypto assets briefly doubled after Donald Trump won the presidential election last November, but now the index has plummeted by about 50% throughout the year 2025.
Managing Partner of Kindred Ventures Kanyi Maqubela stated that the main issue with altcoins is actually about real utility.