TechFlow news, February 9 — According to Cointelegraph, crypto analyst Martinez estimates that there are now over 36 million existing altcoins. In comparison, there were fewer than 3,000 altcoins during the 2018 cycle and less than 500 between 2013 and 2014.
Data from CoinMarketCap shows that the total number of independently listed cryptocurrency tokens and coins is approaching 11 million. From 2024 to early 2025, newly issued tokens surged dramatically, primarily driven by meme coins launched on the Solana network.
Previously, in response to the rapidly increasing number of tokens, Coinbase CEO Brian Armstrong stated, "Given that currently one million tokens are being created every week—and this number continues to grow—Coinbase needs to reconsider its listing process, as individually evaluating each token is no longer feasible."
