failed memecoins

[TomPluz]

Not providing real, solid and feasible utility use-cases, majority of memecoins introduced everyday will just die a natural death and sadly leaving many of its buyers, holders and supporters with tokens of no real value in the marketplace. And that is why memecoins should be categorized as very risky. People are usually attracted to some very few successful memecoins and they have become like a rallying symbol of hope for others to follow...only to end up with nothing akin to losing a gamble. However, because of the success of some memecoins, this sector of the cryptocurrency industry seems to be alive and kicking.

[Stompix]

Now the list of failed or dead coin/tokens is over 1700 in their numbers, dogs, cats, maga, and several others which are still struggling on the market may soon join the list.
For More details of the failed or dead projects including memes, this link may help
https://www.hedgewithcrypto.com/how-many-cryptos-have-failed/

That article is from 2024, before the meme coins madness and it only counts coins that have been traded at one point on a top exchange not on dex and low liquidity ones
https://www.coingecko.com/research/publications/how-many-cryptocurrencies-failed

Over 50% of all cryptocurrencies have failed. Of the nearly 7 million cryptocurrencies listed on GeckoTerminal since 2021, 3.7 million have since stopped trading and are considered failed.